Canada’s latest Covid-19 wave threatens to prolong border closure

Buffalo News Suddenly, the pandemic that has ravaged the world is raging far worse not in the United States, but on the other side of the Peace Bridge. The province of Ontario issued its third stay-at-home order of the pandemic on Wednesday as rapidly spreading Covid-19 variants overwhelmed hospitals. Canada, which previously seemed to control […]

CANADA FX DEBT-Canadian dollar slides to one-week low as exports fall

Reuters  The Canadian dollar weakened to a one-week low against its U.S. counterpart on Wednesday as Canada deals with a variant-driven third wave of the coronavirus pandemic and domestic data showed the trade surplus narrowing in February. Canada's trade surplus with the world narrowed in February to C$1 billion as a global shortage of semiconductor […]

Free Trade Zone Scheme: Model for Infrastructure Devolution

The Day The periods when nations’ development indices, growth and viability were measured based on solid infrastructure are gone. The parameters shifted slightly to include income capita per head powered by both National Domestic Product (NDP) and Gross Domestic Product (GDP) respectively. These economic trajectories are like rockets as they propel seamlessly without special consideration […]

USD/CAD – Canadian Dollar Grinding Higher

Baystreet The Canadian dollar is moving forward with difficulty in early Toronto trading. FX volumes are significantly reduced because of holidays around the world. Australia, New Zealand, most of Europe, and the U.K. were closed Friday and again today for Easter Monday. China and Hong Kong markets were shuttered for national holidays. Friday, the U.S. […]

Vietnam-Canada trade revenue hits record high at US$8.9 billion in 2020

Nhan Dan Bilateral trade revenue between Vietnam and Canada reached a record high of US$8.9 billion in 2020after two years of implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). The figure increased by 12% over 2019 and by 37% compared to 2018, when CPTPP began to take effect. The number was announced […]

UN Forum Opens With A Call For Greater Regional Cooperation In Asia And The Pacific

Scoop World The 8th Asia-Pacific Forum on Sustainable Development (APFSD) hosted by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) opened today with a resounding call for countries to build resilience to the COVID-19 pandemic and the climate emergency – the twin crises that threaten our future the most. More […]

Statement by Minister of Foreign Affairs, Minister of International Development and Minister of Small Business, Export Promotion and International Trade on International Day for Elimination of Racial Discrimination

Government of Canada  The Honourable Marc Garneau, Minister of Foreign Affairs, the Honourable Karina Gould, Minister of International Development, and the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, today issued the following statement: “The Government of Canada is committed to the fight against racism and systemic racial discrimination. We recognize […]