To quote Canada's International Trade Diversification Minister Jim Carr, "Time to diversify," — and it looks like Canada has done just that, becoming the fifth nation to ratify the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP). Canada's Senate has cleared the way for the Asia-Pacific trade deal, roughly seven days after the third reading was passed.... Read More

The Trudeau government announced its plan for a federal carbon tax policy on Tuesday. It's a move many saw coming, but some are already criticizing for the lack of transparency from the start. To break it down, as part of the federal plan, those provinces who don't have a plan up to the Liberal's standards... Read More

As Canadians await discussion of the USMCA in Parliament, United States President Donald Trump is threatening the future of the agreement over a Honduran caravan of asylum seekers heading to the U.S. border through Mexico. With a reported 7,000 caravan riders (and growing) as it passes through Mexico, a possible showdown at the U.S./Mexico border... Read More

Reports last week that Kingston's Canada Royal Milk plant, owned by Chinese company Feihe International, might be in jeopardy following the signing of USMCA, were alarming and confusing, says the head of Kingtson's economic development corporation. "There is no immediate impact on Feihe Canada Royal Milk’s investment in Kingston or the forecasted job creation," says... Read More

It seems like a foregone conclusion, but the Bank of Canada is expected to raise interest rates Wednesday. The market is expecting a 25 basis point hike to 1.75%, which would be the fifth increase since July, 2017. Bank of Canada Governor Stephen Poloz will address the Canadian economy that's been tempered in the past... Read More

It was an exciting day for trade between Canada and the Association of Southeast Asian Nations (ASEAN) region. Today, the Canadian government announced new market access for live cattle exports to the Philippines, along with sheep and goat genetics exports to Indonesia and the Philippines. “Increasing trade with fast-growing and dynamic markets such as those... Read More