News

Powerful U.S. Congress group accuses Canada of trade protectionism under guise of national security

December 31, 2013

Canada's already troubled trade relationship with the United States is about to take another hit.

A powerful bi-partisan group in the U.S. Congress is accusing Ottawa of unfairly favouring domestic companies when it hands out large IT contracts by citing national security concerns.

CRA interest rates for the first calendar quarter

December 28, 2013

The Canada Revenue Agency (CRA) today announced the prescribed annual interest rates...

These rates are calculated quarterly according to the laws that apply and will be in effect from January 1, 2014 to March 31, 2014. All interest rates have decreased by 1% since last quarter, except for the rate for pertinent loans or indebtedness.

Trans-Pacific Partnership Negotiations Continue in Singapore

December 26, 2013

The Honourable Ed Fast, Minister of International Trade, today highlighted progress made at a successful meeting with trade ministers from the countries of the Trans-Pacific Partnership (TPP)...

TPP ministers made good progress in Singapore, identifying potential outcomes for key outstanding areas of the text and agreeing to continue work to conclude market access negotiations.

Canada-South Korea free trade agreement talks resume

December 26, 2013

Canadian negotiators were in Seoul, South Korea from November 25-29 for the first full negotiating round for a Canada-Korea Free Trade Agreement (FTA) since last year. The talks have been stalled since January 2013.

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