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03.06.26 - 03:45
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Canada calls on US, Mexico to renew free-trade deal for another 16 years (The Hill)
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Canada is urging the United States and Mexico to renew a joint trade agreement between the three countries amid ongoing economic and political pressure from the Trump administration. In a Tuesday letter to U.S. Trade Representative Jamieson Greer and Mexico's Economy Secretary Marcelo Ebrard, Canada's minister for U.S. trade Dominic LeBlanc called on the countries......
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03.06.26 - 02:18
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US Bill Would Prevent Chinese Connected Cars In Canada From Entering United States (ZeroHedge)
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US Bill Would Prevent Chinese Connected Cars In Canada From Entering United States
Authored by Olivia Gomm via The Epoch Times,
Two U.S. lawmakers are set to introduce a bill aimed at preventing Chinese-connected vehicles from entering the United States via Canada and Mexico, amid growing concerns over Chinese-made electric vehicles entering the Canadian market.
BYD electric cars waiting to be loaded on a ship are stacked at the international container terminal of Taicang Port at Suzhou Port, in China's eastern Jiangsu Province on Sept. 11, 2023. AFP via Getty Images
U.S. Representative Haley Stevens and Senator Elissa Slotkin, both Democrats, announced the Protecting America from Chinese Cars Act last week at a conference in Michigan.
The bill would prohibit connected vehicles from China and other "adversarial nations" from entering the United States, including vehicles made or designed in China, as well as vehicles made by a Chinese company or an entity more than 15 percent owned ...
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02.06.26 - 15:01
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Canadian Dollar Falls As Crude Oil Prices Slide (AFX)
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CANBERA (dpa-AFX) - The Canadian dollar weakened against other major currencies in the European session on Tuesday, as oil prices fell after having jumped more than 4 percent in the previous sessi......
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02.06.26 - 14:06
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Canadian Dollar Falls Against Majors (AFX)
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CANBERA (dpa-AFX) - The Canadian dollar weakened against other major currencies in the European session on Tuesday. The Canadian dollar fell to nearly a 4-week low of 1.6132 against the euro, near......
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02.06.26 - 13:06
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Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada (ZeroHedge)
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Net Zero & Statism Deliver Stagnation: How Interventionism Undermined Growth In The UK & Canada
Authored by Daniel Lacalle,
Governments are terrible at picking winners and even worse at choosing losers. Net zero and interventionist “Keynesian” policies in Canada and the UK have proven that government intervention has created a worse outcome than anyone would have expected. The result is higher costs, distorted incentives, and weakened productivity growth, with increased dependency on fossil fuels to attend to peak demand, exactly what Austrian economists predicted.
What has been sold as a recipe for prosperity and “green growth” has in practice eroded affordability while failing to deliver stronger, sustainable expansion.
It is not surprising to see that the world's examples of green interventionism, the UK and Canada, have become economic failures. Years ago, some argued that these policies needed time to prove their success. Now, it is not even debatable that the stagnation and rece...
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