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Monday 29 October 2018

Market jitters lead to more declines as investors face growing risks | CBC News

All three major U.S. indexes — the Dow Jones, S&P 500 and Nasdaq — have dropped at least six per cent so far this month. (AP Photo/Richard Drew)
North America has been affected by a month that has definitely not been flattering since it has been very unstable for investors in the North American markets. In fact, the 3 main indices of the United States, the Dow Jones, the S & P 500 and the Nasdaq, have fallen at least six percent so far this month. While for its part, the S & P / TSX compound of Canada is not far behind with a decline of 5.5 percent in October.

Likewise, investors could face considerable risks that continue to increase.

Aurora Cannabis makes its way on NYSE | Seeking Alpha

On October 23, Aurora Cannabis (ACBFF) will be established as the fourth Canadian cannabis company to receive a quote in the EE.UU because it will leave OTC to break through on the NYSE. Likewise, it will start to be commercialized as ACB in the New York Stock Exchange. It is necessary to point out that despite the legalization of cannabis, it has been a difficult week for the shareholders of cannabis. Even so, Aurora Cannabis continues to rise 55% in the last three months and 300% in the last year (from C $ 2.86 / share to C $ 11.42 / share).

Manufacturers make criticisms about the liberal carbon tax return | National Post

Manufacturers, small businesses slam Liberal carbon tax rebate, warn of second tax fight.
The manufacturers of several small businesses have given numerous critics on the return of taxes of the liberal carbon and of likewise make warnings of a possible second fiscal dispute.

These companies have warned that the carbon tax refund system could force the private sector to take an unfair share of the costs, thus accumulating new tax burdens just when the expanded requirements of the Canada Pension Plan come into effect next year.

Sunday 28 October 2018

The federal deficit according to Andrew Coyne | National Post

Andrew Coyne: This is why we shouldn’t just chill out over the federal deficit. Some economists are suggesting that we let go of our irrational deficit-phobia.Getty Images
James Andrew Coyne is a Canadian columnist with the National Post and a member of the At Issue panel on CBC’s The National. Previously, I’ve been a national editor for Maclean’s and a columnist with The Globe and Mail.

Coyne in one of his most recent articles for the National Post has given his point of view regarding the federal deficit. In fact, he has titled his article as “That’s why we should not simply relax about the federal deficit.”

He also said, “If it is too easy to compare the deficits of current tamers with those of the past, it is also too easy to forget how quickly these past deficits went out of control.”

Saturday 27 October 2018

The actions of the main cannabis companies were affected by losses | CBC News

Shares in major cannabis companies sell off sharply

Last Wednesday, cannabis recreational use was legalized in Canada and before that much of the previous year, many investors anticipated the acquisition of shares of companies related to cannabis.

On the other hand, all Canadian marijuana companies lost more than 10% in Monday’s operations. Among those affected are the most important in the sector, Aurora Cannabis, Canopy Growth, Aphria, and Tilray. They were affected by double-digit percentage declines.

Business percentage declines

Wednesday 24 October 2018

Doctors put their patients at risk because they are not really good at reading laboratory results | Washington Post

It is incredible to think that a doctor puts his patients at risk because the moment he makes the reading of the laboratory results he does it badly, but if it happens and more than what people could imagine.

It is important to mention that every year, doctors in this country order more than 4 billion tests. Many of them have become more sophisticated and easier to execute as technology has advanced, and they are essential to help doctors understand what may be wrong with their patients. Despite this, according to an investigation carried out, it has been obtained that many of the doctors are wrong.

Tuesday 23 October 2018

The Canadian economy is stagnant and should definitely take off | Financial Post

During a pronouncement by Maxime Bernier at the Canadian Club, September 20, 2016, he got his statements, rejected corporate welfare, cut corporate taxes and see how Canada’s economy finally takes off where it also established that more spending on the scale offered by the liberal government will not stimulate the economy and bring us prosperity.

It is important to clarify that for some of the economists belonging to the private sector, economic growth in Canada this year will only be 1.3 percent, which is why it is understood that there are no new jobs or salary increases for Canadians.

Without a doubt and this is not a secret for anyone, societies are aging rapidly and in fact, it has been suggested that the great technological innovations have come to an end. While for its part, business investment has declined, which is possibly due to the lack of profitable opportunities, leaving, as a result, the growth of productivity is transformed into something considerably slow.

Monday 22 October 2018

The business of lithium-ion batteries will benefit in the long term | Bloomberg

For some, it is a fact that electric car manufacturers will take about six months to sell the next million cars, which previously took more than seven years to sell 4 million electric vehicles. It seems that the demand for electric vehicles is increasing and at the same time creating opportunities along the supply chain of batteries since the same growing demand is transforming the business of lithium-ion batteries in such a way that It expects that more power packages will be installed in electric vehicles this year than in consumer electronics.

A study by Sanford C. Bernstein & Co. has emerged, in which it has been found that the market value of the batteries used in electric cars, electric buses, and energy storage would be influenced and should be multiplied in the same way. by approximately 10 times to a potential of $ 500 billion by 2050. It is important to mention that currently many of the largest battery producers are not currently benefiting because they are investing billions of dollars in order to aggregate capacity. manufacture and form global partnerships with car manufacturers.

Vancouver, one of the first cities to experience the tide of Chinese money but now strives to stop it | Bloomberg

Vancouver is one of the first cities to experience the tide of Chinese money and everything that it brings, which in fact has already led to an incredible economic, demographic and physical transformation. It is important to mention the notorious transformation that Alberni Street has had, which has hosted a two-level Prada boutique, one of the largest Rolex showrooms in North America, and a tower in the last decade. of 62 floors with a Shangri La hotel of five stars. Added to this, it is noteworthy that during the month of May, Rolls-Royce chose Vancouver to give rise to its presentation of its first sports utility vehicle, which starts at more than $ 300,000. Said presentation had a reception with Champagne in his elegant and new local dealer in a luxury neighborhood about three kilometers south of Alberni. During the first day, it was possible to sell six of the new sports vehicles, which are suggested that they were possibly sold to the "car condominium", which is a type of luxury garage with customizable suites that is being built in a majority suburb Asian.

Aurora shareholders benefit and increase their capital | Seeking Alpha

It is well known that thanks to Aurora Cannabis (OTCQX:ACBFF) many investors have earned significant sums of money because they invested in shares and in fact many people expect that the one that is established as the third largest cannabis company in the world will go beyond the market capitalization, just behind Canopy and Tilray.

Now, it is well known that Aurora has just given a bonus to its shareholders and the value of the same increase more than 1,000% after gaining access to public markets.


On the other hand, Australis Capital is an investment company from Aurora that intends to acquire property interests in a variety of opportunities and asset classes, mainly in the cannabis and real estate sectors in the United States and due to the same each shareholder could receive shares or cash due to it, depending on whether they are Canadian or not. Added to this, it is necessary to mention that Australis today is established as a ghost company without real operative assets and in the same way its valuation of the public market is highly speculative.

Sunday 21 October 2018

Increase demand in farming facilities due to the legalization of cannabis | Bloomberg

With regard to the issue of cannabis in Canada, everything points to Canadians being ready for it to be legalized in their nation and that is a survey was done by Abacus Data. It was found that the solid majority of respondents in all age groups and in all regions said they could support or at least "accept" the framework that takes effect October 17. Even 54 percent of conservative voters said they could support or accept legal weeds.

All this has taken root, has increased the hurry to grow cannabis but in turn has also increased the search for real estate to grow it and is that legalization of recreational weeds on Wednesday has already caused a significant effect and There has been a six-fold increase in potting facilities to 808,256 square meters in the year through September, which is about the size of Amazon.com Inc.'s headquarters in Seattle.

Saturday 20 October 2018

For Harper, everything about Justin Trudeau is doomed to fail | Bloomberg

Stephen Joseph Harper is an economist, entrepreneur, and politician who served as the 22nd Prime Minister of Canada, from February 6, 2006, to November 4, 2015. Harper was the first Canadian Prime Minister to come from the modern Conservative Party of Canada, which was formed through a merger of the Progressive Conservative Party and the Canadian Alliance.

It should be noted that during the 2015 federal elections Harper won his seat in Calgary-Heritage, despite this, the Conservative Party was defeated by the Canadian Liberal Party led by Justin Trudeau, who was sworn in as Harper's successor on November 4 of 2015. After all the time since that, Harper was elected president of the International Democratic Union in February 2018.

The legalization of marijuana seems to be at its best and similarly, it seems that it will remain | National Post

A survey of Abacus Data has been conducted regarding the legalization of marijuana in Canada and it seems that according to the data that has been released, Canadians are ready for the marijuana in their nation to be finally legalized, even if their governments are not.

It was also found that a solid majority of respondents in all age groups and in all regions said they could support or at least "accept" the framework that takes effect October 17. Even 54 percent of conservative voters said they could support or accept legal weeds.

It should be noted that about three years ago, marijuana was a major front in what was known as a war of survival for Stephen Harper, a premonitory announcement invited Canadians to "imagine selling marijuana like cigarettes and alcohol," and without further analysis, he declared Justin Trudeau "in his head". Weeks earlier in the election, Harper declared marijuana "infinitely worse" than tobacco.

For his part, Peter Kent, who is a conservative and parliamentarian, expressed that the marijuana retail trade would be "practically the same as putting fentanyl in a shelf within reach of children."

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Friday 19 October 2018

Good health is not necessarily due to medical care | LinkedIn

Many people consider or think that good health is basically due to medical care, which is not true in its entirety and is that approximately 60% of health and general welfare has nothing to do with medical care that can receive a person in your life. In fact, it directly concerns the various components of behavior, environmental and social, so much so that they could influence in such a way from access to public transport to the availability of healthy foods in the neighborhoods.

It is necessary to mention that the reality is that only about 20% of a person's health status is due to health access to medical care, while another 20% is linked to genetics. This suggests that lifestyle factors and so-called social determinants of health have a truly significant effect on a healthy lifestyle for any individual.

U.S. Stocks Rally Most Since March as Tech Surges: Markets Wrap | Bloomberg

In more than six months, the actions of the US nation have achieved larger and more significant gains because corporate profits have provided a respite from the tensions that the nation is currently facing with respect to trade and geopolitics.

It has also become known that the S & P 500 index has increased more than 2 percent, the 30 members of the advanced Dow Jones Industrial Average and the small capitalizations in the Russell 2000 Index have achieved the best gain since the day after the elections. of 2016. The Nasdaq Composite registered its highest gain since March, as UnitedHealth Group strengthened healthcare firms and software makers improved Adobe's forecast.

It should be noted that the technology stocks seemed prepared to extend the gains in the futures session, as the company Netflix managed to recover and likewise achieved a significant increase in net subscribers. Meanwhile, it is also known that IBM fell in the last operations due to the fact that its revenues did not achieve the required objectives.

Thursday 18 October 2018

Rise attraction for cannabis as a new commercial crop | CBC News

It has also been said that currently greenhouse producers have taken advantage of cannabis and so the vegetable growers have set their sights on what is now established as a new commercial crop, but it should be noted that due to this, civilizations could present difficulties in providing resources.

It is already known that at some point various foods have decreased in terms of popularity, which is not currently the case of cannabis since it is becoming famous and similarly increases its popularity in the business of agriculture, this has been brought up by the mayor of Leamington, Ontario, who says that there has been an increase in the number of fruit and vegetable farmers who are switching to cannabis or failing to add to their crop production. In the same way, John Paterson has expressed "The greenhouse industry has grown steadily over the last 50 years, the cannabis industry has been like that" and he said, "It's only one night".

Sunday 14 October 2018

The ‘Trudeau Effect’ Canada's stock markets get worse | Financial Post

It has been said that Canada's stock markets are worsening due to the so-called "Trudeau Effect" and likewise, during the period between July and September, the US market index stands out. EEUU outperformed the Canadian stock index by 28.8 percent annualized.

Similarly, it has been reported as the serious deficient performance of the Canadian securities market with respect to the US markets since the election of the liberal federal government led by the current prime minister, Justin Trudeau, and has in fact been called to their actions and what they have taken root as the "Trudeau Effect".

It is important to note that the differential performance of the market has become even more pronounced over time, especially during the last three months, likewise in the last two years, at the end of September 2018, the SPDR S & P 500 ETF Trust of State Street, which is designed to track the S & P 500, outperformed its Canadian equivalent, the iShares S & P TSX 60 Index ETF at about 11.5 percent on an annual basis. But during the period from July to September 2018, it has been observed that the US market index. UU outperforms the Canadian stock index by 28.8 percent annualized.

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Friday 12 October 2018

Should Canada follow and apply the 'Portugal model'? | CTV News

In 2001 Portugal took action and decriminalized both the possession and consumption of any type of drug, which frightened many because they feared that this nation would become "a paradise" for those who consumed such substances, despite this it was the case, in fact, Portugal has achieved big drops in overdoses with respect to drugs, in addition to HIV infections and likewise hepatitis infections. Added to this, in the course of 2000 to 2008, the nation had a significant decrease of 66% with respect to judicial cases related to drugs.

Several health officials, as well as politicians, have suggested to the federal government to take action as Portugal and also decriminalize the possession of any kind of drug alleging that a great example of success is Portugal, this suggestion is because from the next Wednesday will be legal the sale of recreational cannabis in Canada.

Canada can work on trade with China | MacLeans

In July of this same year, Trudeau expressed the desire to end the excessive dependence of the United States at the time he made a change in the title of the Minister of International Trade to the Diversification of International Trade. It was already well known that for a long time Canadian governments have aimed to expand export markets and likewise policies are needed to unleash the title of the minister which is established as a strong sign of a nation whose promise He has always overcome progress in such matters.

It is said that now the diversification has had a transformation and is that it has gone from being a buzzword to a basic need in terms of the economy established especially in Canada's trade.

Likewise, the Canadian government should take action and in the same way should diversify its economy, where the most logical thing is for China to establish itself as the most obvious objective, but we must not forget everything that has been happening around the world and therefore Such an association would bring certain risks.

Thursday 11 October 2018

US shares affected since February: Markets Wrap | Bloomberg

Since February it has been seen that the United States has had a fall in its shares which has created a great concern and that is possibly due to the impact of the trade war with China's technology as well as industrial actions. Also, it should be noted that Treasury bonds have increased along with the yen amid the demand for safe-haven assets.

On the other hand, the general sale led the S & P 500 to the lowest level in three months, with the Dow Jones Industrial Average falling to 836 points and the Nasdaq 100 Index falling more than 4 percent on its worst day in seven years. For its part, the 30 members of the blue-chip index withdrew, with Boeing and Caterpillar falling 3.8 percent. Meanwhile, it is known that computer companies took action and took the S & P 500 to a fifth consecutive loss, the longest fall since the election victory of Donald Trump.

It should be noted that the trade war with China leads to an increase with respect to the materials that will reduce the price of materials that will undoubtedly result in the reduction of profit margins. It is important to mention that the Cboe Volatility Index rose beyond 20 for the first time since April while oil dropped from $ 75 per barrel even as a large hurricane headed for the Florida Panhandle.

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Wednesday 10 October 2018

Aurora Cannabis Inc. seeks to add its shares in the New York Stock Exchange | CTV News

Aurora Cannabis Inc. is a Canadian licensed cannabis producer, headquartered in Edmonton. It is listed on the Toronto Stock Exchange as ACB. By the end of September of this year, the company had eight authorized production facilities, five sales licenses, and operations in 18 countries. The same company is established as the second largest cannabis in the world by market capitalization, after Canopy Growth Corporation. Despite this, he has not yet listed his shares on a stock exchange in the United States.

Now, Aurora Cannabis requested to quote its shares on the New York Stock Exchange and so it is expected that the shares are traded in New York with the symbol ACB, as well as its listing on the Toronto Stock Exchange.

According to the company, the listing is subject to the approval of the New York Stock Exchange, and likewise to the fulfillment of all the listing and regulatory requirements. Meanwhile, the cannabis company expects operations in the New York Stock Exchange to begin before the end of the month.

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Tuesday 9 October 2018

The dirty secret that individuals of the anti-carbon tax would choose to hide | National Post

The number of provinces with carbon pricing plans certified by the federal government made by the completion date of January 1 projected by the Trudeau government can be set as low as two: British Columbia and Quebec, which in turn already had plans established before the federal effort to induce the rest online. Earlier, the signal that provinces not willing to impose an unpopular tax on behalf of the federal government could be instigated was always a stretch, but now it has been exposed as a fantasy.

The same has been transformed as good news because if the federals have to be obliged to implement the price themselves, the way is open to installing a carbon tax much simpler, more uniform and that is also designed in a clean way in a large part of the country. What is better, is that due to the elimination of the provincial disorder, the Federals would be in a position to establish a simpler plan to share and communicate, which would also be much more likely to obtain public approval. The original plan promoted by the province promised only to return the revenues to the provincial governments, the carrot that was supposed to ensure their participation. The income from a federal tax, on the other hand, could and would be returned directly to the taxpayers.

However, it is suggested that Canadians do not care what it means for the economy in general. Thus, there is a greater likelihood that income will be returned, not through cuts in tax rates that increase productivity, but through a lump-sum rebate of some kind. Now, as expected, questions arise regarding the issue and would that be enough to guarantee, as stated in the report of the Canadian lobby group for clean prosperity that last month, "the vast majority" of families would get more money they paid in carbon taxes?

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Maxime Bernier proposes an income tax plan | National Post

Maxime Bernier has undoubtedly caused a stir among Canadians and his income tax plan is no exception, since thanks to it he has been classified as a madman.

As has already been becoming commonplace, Bernier in one of his many attempts to capture the attention of Canadians draws attention to his latest promotional tactic, which is an invitation to Canadians Instagram to call Mad Max, with the lead of the conservative leadership candidate with Photoshop in an image of the shameless road warrior.

The plan that Bernier has proposed transforms into a radical overhaul of Canada's income system, raising the personal exemption level from the current $ 11,474 to $ 15,000, freeing 1.5 million low-income Canadians from the payment of the federal income tax. Coupled with this I would entail that the current tax brackets would be abolished, replacing them in such a way with a band of 15 percent for those who earn between $ 15,001 and $ 100,000, and a band of 25 percent for those who earn six Figures or plus.

Bernier during Thursday expressed "Several of these boutique tax credits are subsidies essentially motivated politically to buy the support of some specific groups at the expense of the rest of the population."

Despite this, there are those who suggest that this becomes an intriguing perspective, but even so, it is not as novel as it seems at first glance.

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George Soros demonstrates concern about the actions of Donald Trump | Your News Wire

George Soros is a Hungarian - American investor, business tycoon, philanthropist, political activist, and author. He is one of the most successful investors in the world. As of February 2018, it had a net worth of $ 8 billion, after donating $ 18 billion to its philanthropic agency, Open Society Foundations.

Soros has been both alarmed and frustrated by all the actions taken by the president of the United States, Donald Trump, since according to his point of view, Trump has taken great speed to almost destroy and undoubtedly dismantle the New World Order. Likewise, for the billionaire without a doubt, he had not foreseen Trump's meteoric rise to power.

In the same way, for Soros, Trump is willing to destroy the world, therefore he will give all his effort committing to redouble them in order to invest millions of dollars against everything that is directly involved with Trump and everything he does. It represents.

The multimillionaire has shown a somewhat pessimistic attitude and full of sadness and is valid because it seems due to everything that has happened around Donald Trump, it has been faced with dismantling the liberal-globalist world order that should be highlighted been built for decades by Soros who has worked hard to achieve the same. Trump has supported and argued in morals, ethics and in the same way the Christian values of American society, of which Soros is alien since he is an atheist.

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Friday 5 October 2018

The home players are not just that and deserve to be recognized | HuffPost

It is known that hockey at home is the lowest level of youth hockey a child can play. In fact, traditionally it is less competitive, cheaper and equally less demanding with respect to its schedule, than its great "most popular", the "travel hockey".

In general, children start to play what is known as "home" and then move on to travel, but not in all cases, since some do not. No doubt it is understood that there are some players do not leave home because their skills and skills on the ice do not develop what is necessary to achieve play in travel, despite this is not very usual.

Many of the players who keep playing at home are due to their families, there is no doubt that those players are good enough and that they also stand out while being able to travel, despite this the trips are not suitable for the families of those young people, that is due to various reasons which do not allow them to leave home.

The vote in Quebec has shown that the economy is not a strong point for voters to follow the same | CBC News

Previously it was considered that the economy was a strong point or a key point for voters to be guided by the same during the elections, being that thanks to an attractive and engaging economic plan and thus attract the largest number of votes, in fact, An example of this was seen during the vote given by the original Free Trade Agreement in 1988, where the conservative prime minister, Brian Mulroney, won the election with the slogan "Jobs, jobs, jobs". Similarly, another example was that of Bill Clinton who unbelievably knocked down his opponent, Republican President George H.W. Bush, with the slogan "It's the economy, stupid."

The strategy of the economy seems to work satisfactorily about three decades ago, however, it is not happening at present since it is seen that otherwise people no longer look for an attractive economic proposal looking like they vote against their own economic benefit, which is really contradictory and irrelevant. A recent example of this has been seen in Quebec where the economy is taking a victorious and refreshing air something that would not have achieved for years, despite this it seems that it was not enough for the population that exercised the vote to re-elect the government liberal of Philippe Couillard. This seems to be happening not only in Quebec but something that is happening all over the world.

Prime Minister Trudeau defends LNG Canada | Bloomberg

The Royal Dutch Shell PLc liquefied natural gas project has recently been endorsed by Prime Minister Justin Trudeau, approved for $ 31 billion, and will not be affected by obstacles such as trade barriers as well. Import tariffs on steel.

Likewise, the prime minister told the media during a press conference held in Vancouver, "Trade barriers will not be an impediment to moving forward on this project", said conference was given on Tuesday after the report that Shell and its four partners were moving forward with LNG Canada, the largest private sector investment in the country. Added to this, Trudeau said "There are specialized components that must be imported", likewise established "But there will also be a large amount of Canadian steel used in the construction of this plant."

Despite this, the concerns have not stopped but otherwise, they continue in a dispute that has not been solved with respect to Canada's decision to impose tariffs on steel imports at the beginning of this year. Some facts could affect the approximately 140 complex steel modules, which are set as high as a 10-story building and weighing up to 10 jumbo jets, which LNG Canada has to import from China. LNG Canada claimed the duties in court, stating that no Canadian meeting patio has the experience or access to water to be able to send them to the site in Kitimat on the northwest coast of Canada. Meanwhile, the Federal Court of Appeal is expected to issue a decision soon.

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Thursday 4 October 2018

James Alexander Michie: Tweet by Jon Gordon on Twitter

Wednesday 3 October 2018

Shell, partners approve huge $40-billion LNG Canada project, sources say | National Post

Repost

Shell, partners approve huge $40-billion LNG Canada project, sources say

KUALA LUMPUR, Malaysia — Royal Dutch Shell Plc and its four partners have agreed to invest in a multibillion-dollar liquefied natural gas project in Kitimat, B.C. — the largest new one of its kind in years that would carve out the fastest route to Asia for North American gas.

LNG Canada — comprised of Shell, Malaysia’s Petroliam Nasional Bhd, Mitsubishi Corp., PetroChina Co. and Korea Gas Corp. — is set to announce a final investment decision on the $40 billion (US$31 billion) project as early as Monday, said people with direct knowledge of the plans, who asked not to be identified because the matter isn’t public. The exact timing still hasn’t been decided.

USMCA: A trade deal that does no harm, but breaks no ground | National Post

Repost

Kevin Carmichael: Trudeau and Chrystia Freeland achieved none of the things they identified as Canadian goals with the new pact

The romantics who think international commerce works best when bureaucrats determine trade flows will be pleased.

Canada’s new trade agreement with the United States and Mexico — the United States-Mexico-Canada Agreement, or USMCA — is a step back to the time when doing business with America meant limiting your exports, no matter how badly Americans themselves might want them.

Perhaps the biggest cost of securing commercial peace with President Donald Trump was sacrificing Canada’s commitment to freer trade, a pillar of this country’s economic policy for at least three decades, albeit one championed hypocritically on occasion.

The USMCA, assuming the new Congress in 2019 is of a mind to work with the Trump administration, will limit the number of cars and the value of automobile parts that Canada can ship to the United States without paying higher duties.

It will force Canada and Mexico to respect the excessively long patents the U.S. gives to its pharmaceutical companies. The agreement opens the door for one party (Washington) to influence trade talks another party (Ottawa, Mexico City) have with a “non-market economy,” such as China. The new terms might even force the Bank of Canada and the Bank of Mexico to keep an eye on Washington as they set monetary policy, thanks to the introduction of a committee that will review the conduct of macroeconomic policy in the three countries.

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Revamped NAFTA deal will 'rebalance' North America trade after Canada reaches 11th hour agreement | Vancouver Sun

Repost

The new deal, renamed the United States Mexico Canada Agreement, gives America new access to our dairy market, but preserves key dispute-resolution system

Canada and the U.S. ended weeks of intense bargaining Sunday with a last-minute trade deal that gives American farmers major new access to the dairy market here, but preserves a dispute-resolution system the United States wanted killed.

The deal capped a frantic weekend of negotiations and includes several provisions to “rebalance” the North American trading relationship, a Trump administration official said in a conference call shortly before midnight.

It is to be renamed USMCA – United States Mexico Canada Agreement – after President Donald Trump said the name NAFTA had “bad connotations.”

Monday 1 October 2018

Increase in taxes by one percent results in reduced income | Financial Post

Author: James Alexander Michie.

A study has emerged by the C.D. Howe Institute, which shows that due to higher taxes, provincial budgets have been affected by fiscal losses greater than the federal revenues collected, thus establishing the federal government's decision to increase taxes on one percent of those that Most likely, they earned only about one third of the tax revenues that would have been collected without what is known as the "behavioral response," meanwhile, this also resulted in provincial budgets suffering fiscal losses greater than federal revenues collected.

In fact, it has been said that over the years, various economists have long argued that a government can only raise taxes so high before the rate itself creates a psychological barrier to work so that The reduction of economic activity by those with high incomes leads to a reduction in tax revenues.