The Canadian dollar strengthened to a nearly seven-week high against its U.S. counterpart on Monday, boosted by higher oil prices and optimism that progress could be made in talks to revamp the NAFTA trade pact.
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'Very big,' or no big deal? What this week's trade news means for Canada
August 16, 2018
Even by the mind-boggling standard set by the past year in trade politics, it's been a confusing week.
Keep calm and carry on, Canada. Here's a quick guide to what really happened:
Mexican officials optimistic about NAFTA news in coming days
August 16, 2018
Mexican negotiators are optimistic about the possibility of getting a NAFTA deal and are hopeful of progress in coming days, the country’s deputy economy minister said ahead of a second ministerial meeting in Washington later this week.
Prices for canned goods about to go up in Canada as tariffs start to bite
August 16, 2018
Canadians should brace for higher prices on everything from soda to soup as manufacturers begin to feel the impact of the U.S.-Canada trade war and pass on the cost of aluminum and other tariffs to retailers.
PepsiCo Beverages Canada recently advised retailers that it plans to raise its prices by about a penny per can, starting at the end of July.
'Everything is now fair game': Canada unlikely to be spared from U.S. uranium protections
August 9, 2018
The United States Department of Commerce has launched an investigation to determine if uranium imports threaten national security, raising questions about whether Canadian producers will be exempted from any potential trade restrictions.