Monthly freight flows between the U.S. and its NAFTA partners declined to $96.1 billion in November, according to statistics released Jan. 29 by the Department of Transportation...
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In The News
Auto industry fights Canada-Korea free-trade deal
February 7, 2014
A Canada-Korea trade deal looks like a winner for Canadian agribusiness, but the auto industry is making a last-ditch push to head off the agreement.
Trade union Unifor said a free-trade deal with South Korea will be a job killer for the Canadian auto industry and widen our trade deficit.
FBCL announces the January 24th opening of the new North Channel Bridge at the Seaway International crossing in Cornwall
February 7, 2014
The Federal Bridge Corporation Limited (FBCL) is proud to announce that the construction of the new low-level North Channel Bridge, The Seaway International Bridge Corporation (SIBC) Toll Plaza and the Canada Border Services Agency (CBSA) Plaza in Cornwall are now completed and will be open to bridge users on Friday January 24, 2014 at 7:00 a.m.
Canada, South Korea in 'tremendous' free-trade talks: minister
February 7, 2014
Canada and South Korea are having "tremendous discussions" toward a free-trade agreement, said Canadian Agriculture Minister Gerry Ritz, a deal that could increase trade in meat and autos.
Talks began in 2005, but were later hung up over disputes such as a delay in South Korea scrapping its ban on Canadian beef. South Korea lifted its nine-year-old ban in 2012.
Confusion over 'iPod tax' deepens
February 7, 2014
It's still unclear whether Canadians will have to absorb a five per cent tariff when they purchase an MP3 player in 2015, even though many people don't even use the music devices anymore.
In its 2013 budget, the government removed a tariff-free category on many goods manufactured in about 70 countries, including China where most MP3 players are made.