April 19th, 2018

Business

While in Peru, Pence briefs US lawmakers on Syrian strikes

By Ken Thomas, The Associated Press on April 14th, 2018

LIMA, Peru – Vice-President Mike Pence, soon after arriving in Peru for a regional summit, fulfilled an urgent assignment from the White House: informing top American lawmakers about the U.S.-led airstrikes on Syria before the Trump administration’s announcement. Latin American leaders were to hear Saturday from Pence about President Donald Trump’s decision to join with ... Read More »

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Sohi to infrastructure agency: early wins and avoid riskiest financing options

By Jordan Press, The Canadian Press on April 14th, 2018

OTTAWA – Leadership at a new federal infrastructure financing agency has been told to largely avoid the riskiest of investment options to help private companies make projects a reality and deliver early wins to show its value. Infrastructure Minister Amarjeet Sohi laid out the details in a newly released letter that asked the agency to ... Read More »

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Trudeau to meet U.S. vice-president amid NAFTA talks, Syria strikes

By Lee Berthiaume, The Canadian Press on April 14th, 2018

LIMA, Peru – Prime Minister Justin Trudeau will have a chance to make the case for a successful end to North American free trade talks – and learn more about the U.S. strikes against Syria – when he meets U.S. Vice-President Mike Pence today. The meeting will occur on the sidelines of the Summit of ... Read More »

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Pence to outline Syrian missile strike at Latin summit

By Ken Thomas, The Associated Press on April 14th, 2018

LIMA, Peru – Abroad during a major military strike, U.S. Vice-President Mike Pence plans to address Latin American leaders Saturday on President Donald Trump’s decision to launch air strikes in Syria in response to a suspected chemical attack in the war-torn nation. Pence was whisked away from the Summit of the Americas late Friday so ... Read More »

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B.C. issues Trans Mountain pipeline permit update as premier heads to Ottawa

By The Canadian Press on April 13th, 2018

VICTORIA – British Columbia’s government has issued a progress report on permits for the Trans Mountain pipeline expansion, just as Premier John Horgan readies to travel to Ottawa for a meeting on the controversial project. The Energy, Mines and Petroleum Resources Ministry says the $7.4-billion project requires 1,187 provincial permits, many of which involve Indigenous ... Read More »

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Trudeau talks trade with Mexican president ahead of meeting with Pence in Peru

By Lee Berthiaume, The Canadian Press on April 13th, 2018

LIMA, Peru – Two of the three political leaders with the most at stake at the NAFTA table huddled Friday behind closed doors, their most senior trade lieutenants alongside, in hopes of unlocking a mutually beneficial solution to the cross-border conundrum posed by U.S. President Donald Trump. Prime Minister Justin Trudeau and Mexican President Enrique ... Read More »

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Ottawa probing Tim Hortons franchisee claims that RBI failing to honour terms

By Adam Burns and Ian Bickis, The Canadian Press on April 13th, 2018

The federal government is looking into concerns raised by a dissident group of Tim Hortons franchisees about the potential violation of terms Ottawa placed on a deal that saw Canada’s most iconic restaurant chain taken over by a Brazilian firm. The government will examine allegations that Tim Hortons owner Restaurant Brands International has failed to ... Read More »

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Canadian online pharmacy fined $34 million by U.S. court for illegal imports

By Matt Volz, The Associated Press on April 13th, 2018

HELENA, Mont. – An online pharmacy that bills itself as Canada’s largest was fined $34 million Friday for importing counterfeit cancer drugs and other unapproved pharmaceuticals into the United States, a sentence that one advocacy group called too light for such a heinous crime. Canada Drugs has filled millions of prescriptions by offering itself as ... Read More »

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3 US banks post higher profits with huge assist from tax law

By Ken Sweet And Matt Ott, The Associated Press on April 13th, 2018

NEW YORK – Three of America’s biggest banks reported higher profits Friday, with a huge assist from the tax law passed late last year. JPMorgan reported a record quarterly profit, while Citigroup and Wells Fargo topped analyst expectations. Banks are expected to be major beneficiaries of the tax overhaul, which sharply lowered corporate tax rates. ... Read More »

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Trudeau meets with Mexican president at critical time in NAFTA talks

By Lee Berthiaume, The Canadian Press on April 13th, 2018

LIMA, Peru – Two of the three political leaders with the most at stake at the NAFTA table huddled Friday behind closed doors, their most senior trade lieutenants alongside, in hopes of unlocking a mutually beneficial solution to the cross-border conundrum posed by U.S. President Donald Trump. Prime Minister Justin Trudeau and Mexican President Enrique ... Read More »

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