London | Reuters –– Canada expects Britain to be part of the CETA trade deal between Canada and the European Union, and stands ready to work with Britain on how the system will function after Brexit, Finance Minister Bill Morneau told BBC radio on Wednesday. He also defended Canada’s NAFTA trade deal with the U.S. […] Read more
Canada expects Britain to be part of CETA
Loblaw reports better-than-expected profit
Reuters — Canadian grocery and pharmacy retailer Loblaw Cos. Ltd. reported a better-than-expected quarterly profit on Wednesday, as expenses fell and discounting attracted more shoppers. Profit at Loblaw’s main retail unit was helped by lower selling, general and administrative costs, and an increase in same-store sales in the quarter ending Oct. 8, the company said. […] Read more
Food production in Syria reported at all-time low
Geneva | Reuters — Food production has dropped to an all-time low in Syria where millions of hungry civilians are struggling through their sixth winter in a war zone, United Nations agencies said Tuesday. Many farmers have had to abandon their land, unable to afford the soaring cost of seeds, fertilizers and tractor fuel, the […] Read more
EU, Canada sign free trade deal but battle not over
Brussels | Reuters –– The European Union and Canada signed a free trade agreement on Sunday that aims to generate jobs and growth though it must still clear some 40 national and regional parliaments in Europe in the coming years to enter fully into force. Canadian Prime Minister Justin Trudeau signed the treaty along with […] Read more
EU, Canada to hold trade summit Sunday
Brussels | Reuters –– The European Union and Canada will hold a summit to sign their free trade deal on Sunday, European Council President Donald Tusk said on Friday, after Belgium had cleared the agreement with its regional governments. “Mission accomplished! Just agreed with PM @JustinTrudeau to hold EU Canada Summit this Sunday,” Tusk said […] Read more
Belgium’s Walloon parliament backs EU-Canada trade deal
Brussels | Reuters — The parliament of Belgium’s French-speaking region of Wallonia voted in favour of a planned EU-Canada trade agreement on Friday, ending its opposition that threatened to destroy the entire deal. Lawmakers of Wallonia, which led Belgian opposition to the Comprehensive Economic and Trade Agreement (CETA), 58 voted for and five against, after […] Read more
Belgium breaks deadlock over EU-Canada trade pact
Brussels | Reuters — Belgium agreed a deal with its regional parliaments on Thursday to approve a landmark EU-Canada free trade agreement, breaking a deadlock that has blocked the pact for weeks. Prime Minister Charles Michel said the heads of the regions had drawn up an addendum to the agreement that answered their concerns over […] Read more
Belgians struggle to agree on text to save CETA
Brussels | Reuters –– Belgian politicians failed to break their deadlock over a planned EU-Canada free trade agreement on Wednesday, but agreed to resume talks on Thursday in a sign they may be nearing a consensus that would keep the deal alive. The Comprehensive Economic and Trade Agreement (CETA), seven years in the making, is backed […] Read more
Court may help EU sidestep lone-wolf resistance to trade deals
Brussels | Reuters — A court ruling early next year may help the European Union out of the kind of embarrassing situation it has just landed in, where a regional assembly in Belgium is blocking a major trade agreement between Canada and the 28 sovereign states of the EU. Belgian negotiators failed on Tuesday to […] Read more
Revisions in the works for Canada’s Food Guide
Health Canada is planning changes to one of its key policy documents to reflect how Canadians’ diets are generally coming up short in vegetables, fruits, whole grains, milk and milk alternatives. At the Canadian Cardiovascular Congress in Montreal on Monday, the federal health department launched a 45-day public consultation on changes to Canada’s Food Guide, […] Read more