Archive for the ‘Canada’ Category

Canada, International Trade, News

April 15, 2025

Canada is taking a strategic step to maintain strong economic momentum by offering targeted relief from counter-tariffs on select U.S. imports. The Finance Ministry announced that certain Canadian-based automakers and manufacturers will be exempt from some tariffs—provided they continue to invest, produce, and create jobs within the country.   This forward-looking policy is designed to […]

Canada, International Trade, News

April 3, 2025

Canada has introduced new tariffs on vehicle imports as part of its commitment to maintaining fair and balanced trade relationships. This strategic move reinforces the country’s dedication to protecting its vital automotive sector while preserving the strength of its cross-border supply chain.   As one of Canada’s largest export industries, the automotive sector supports over […]

Canada, International Trade, News

April 2, 2025

Canada is reinforcing its commitment to a strong and balanced trade environment as it prepares strategic measures in response to recent U.S. tariff adjustments. The government aims to safeguard industries, support businesses, and maintain stable trade relations that foster economic growth.   Prime Minister Mark Carney underscored the importance of decisive action, stating, “It’s essential […]

Canada, Economic Development, News

March 5, 2025

Canada is reinforcing its trade strategies to maintain a strong and balanced economic relationship with key partners. As discussions on tariffs continue, officials are focused on fostering resilient trade policies that promote economic stability and long-term growth.   Foreign Minister Melanie Joly emphasized Canada’s vital role in global trade, particularly in the energy sector. With […]

Canada, International Relations, Mexico, News

February 24, 2025

Canada and Mexico are taking proactive steps to enhance trade stability and economic cooperation with the United States by strengthening border security and addressing key policy concerns. This collaborative effort underscores the commitment of all three nations to ensuring a resilient and thriving North American trade network.   In recent discussions, officials from Canada and […]

In a recent phone conversation, the Prime Minister of the United Kingdom and the Prime Minister of Canada discussed the importance of international trade and collaboration. According to a Downing Street readout, the UK Prime Minister emphasized his support for global dialogues centered on trade, noting the value of working together with allied nations.   […]

Ecuador and Canada have successfully finalized a new trade agreement, paving the way for expanded economic opportunities and stronger bilateral trade relations. Ecuadorian President Daniel Noboa announced the deal, emphasizing its potential to drive local job creation and boost key export sectors.   The agreement, which follows six rounds of negotiations since March 2024, is […]

Indonesia and Canada have signed a landmark Comprehensive Economic Partnership Agreement (CEPA), signaling a commitment to deepen economic ties and foster sustainable trade growth. This milestone agreement, finalized after three years of negotiations, will take effect in 2026 and aims to create a more predictable and mutually beneficial trade relationship between the two G20 nations. […]

Canada, International Trade, News, Taiwan

November 29, 2024

In a significant move towards enhancing economic collaboration, Taiwan and Canada formally sealed a bilateral investment deal on Friday. This accord not only reinforces the Taiwanese government’s commitment to fostering business partnerships with like-minded democratic allies but also paves the way for potential inclusion in a major pan-Pacific trade pact.   Taiwan, seeking increased diplomatic […]

Canada, International Relations, News

November 29, 2024

Canada is emphasizing the importance of stronger collaboration between the United States, Mexico, and Canada to create a unified approach to trade policies regarding China. Finance Minister Chrystia Freeland expressed confidence that the three nations have a valuable opportunity to align their strategies, ensuring a fair and competitive trade environment in North America.   Speaking […]

A recent report by economist Graeme Crosbie, commissioned by a national financial institution, highlights a significant trend in Canada’s food consumption patterns. Over the past two decades, Canada has increasingly relied on imported food, reducing its reliance on domestically produced goods.   At the turn of the century, Canadian-produced food accounted for 80% of total […]

In a significant step towards bolstering their defense cooperation, the Philippines and Canada formally signed a memorandum of understanding on Friday, with Manila’s defense minister expressing optimism that this agreement could pave the way for a troop pact between the two nations.   Defense Secretary Gilberto Teodoro highlighted the strong intention on both sides to […]