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Trump administration official says the trade partners will bridge their differences, as Trudeau says he can't relent on certain points
President threatens trade partner with expulsion from bloc, lambastes AFL-CIO head ahead of renewed negotiations
DANANG, Vietnam: Countries in the Trans Pacific Partnership (TPP) trade deal have agreed on the core elements to move ahead without the United States, officials said on Saturday, after last-minute resistance from Canada raised new doubts about its survival.
WASHINGTON: President Donald Trump expressed optimism on Thursday the United States, Canada and Mexico can successfully renegotiate a trade accord he deems unfair to American interests but vowed to scrap the 23-year-old pact if a “fair deal for all” cannot be reached.
OTTAWA: In 2006, in the middle of one the hottest years on record for Canadian housing, then Bank of Canada governor David Dodge sent a testy letter to his counterpart at the country’s mortgage insurer warning about lax standards fuelling demand for homes. Today, Dodge has new words of caution: worry more about supply.
KUALA LUMPUR: A major liquefied natural gas export project in Canada ran into another delay when the federal environmental assessment agency was granted an extra three months to finish an impact study.
MEXICO CITY/OTTAWA: More than six months after the United States, Mexico and Canada agreed a new deal to govern more than US$1 trillion in regional trade, the chances of the countries ratifying the pact this year are receding.
MONTREAL: SNC-Lavalin Group Inc, the embattled engineering firm at the heart of Canada’s biggest political crisis in years, has been dealt another blow in Chile.
WASHINGTON: US President Donald Trump has threatened to eliminate subsidies for General Motors Co in retaliation for the automaker cutting US jobs and plants, and the automaker also took fire from Canadian political and labour leaders for cutbacks there.