The policy allowed visitors in Canada to apply for a work permit without needing to leave the country
National Bank of Canada's upbeat results come in contrast to rival Bank of Montreal, which reported a drop in quarterly adjusted profit on higher loan loss provisions
Mexico's president told reporters Tuesday he has put relations with the United States and Canadian embassies on pause after the two countries voiced concerns over a proposed judicial overhaul that critics say could undermine the independence of the judiciary. President Andrs Manuel Lpez Obrador didn't elaborate on what a pause would mean. It's not a term used in formal diplomatic codes, and Mexico's foreign ministry did not respond to an Associated Press request for comment about what it would entail. The judicial overhaul proposal, suggested by the Mexican president during his final weeks in office, includes having judges elected to office, something analysts, judges and international observers fear would stack courts with politically biased judges with little experience. It has spurred major protests and strikes and wide criticism from investors and financial institutions. Last week, American ambassador Ken Salazar called the proposal a risk to democracy that would endanger Mexico
China on Tuesday accused Canada of protectionism after Prime Minister Justin Trudeau's government imposed a 100% tariff on imports of Chinese-made electric vehicles, matching U.S. duties on Chinese-made EVs. The Chinese Commerce Ministry said in a statement the tariffs would disrupt the stability of global industrial and supply chains, severely impact China-Canada economic and trade ties and damage the interests of enterprises in both countries. China is strongly dissatisfied and firmly opposes this, the statement read. Canada claims it supports free trade and the multilateral trading system based on (World Trade Organization) rules, but it blatantly violated WTO rules and announced it will take unilateral tariff measures by blindly following individual countries. It is typical trade protectionism, it added. The ministry urged Canada to immediately correct its wrong practices and said that Beijing would take any necessary measures to defend the rights and interests of Chinese ...
Prime Minister Justin Trudeau said Ottawa was acting to counter what he called China's intentional, state-directed policy of over-capacity
Canada Prime Minister Justin Trudeau announced plans to bring down the influx of low-wage migrant workers, as the country deals with rapid population growth straining housing and public services
Policymakers led by Governor Tiff Macklem are expected to lower the benchmark overnight rate to 4.25 per cent at their Sept. 4 meeting
Ottawa will also impose a 25 per cent tariff on imported steel and aluminum from China, Trudeau told reporters in Halifax, Nova Scotia
CN has said the company would have preferred a negotiated agreement but was satisfied that the labour stoppage is over
The Canadian arbitrator appointed to resolve a messy railroad labour dispute to protect the North American economy has ordered employees at the country's two major railroads back to work so both can resume operating. The Teamsters union representing workers said Saturday that it will comply with the order and send its members back on the job, but it will also move forward with a legal challenge. This decision by the CIRB sets a dangerous precedent. It signals to Corporate Canada that large companies need only stop their operations for a few hours, inflict short-term economic pain, and the federal government will step in to break a union, said Paul Boucher, President of the Teamsters Canada Rail Conference, which represents more than 9,000 engineers, conductors and dispatchers. The rights of Canadian workers have been significantly diminished today, Boucher added. The order should allow Canadian National trains to continue rolling and help Canadian Pacific Kansas City Ltd. railroad
Canadian Industrial Relations Board (CIRB), which is independent, will now consult the companies and unions before issuing an order
Brazil will begin imposing restrictions on the entry of some foreign citizens from Asia seeking refuge in the South American nation as a means to migrate to the United States and Canada, the justice ministry's press office said Wednesday. The move, which will start on Monday, will affect Asian migrants who require visas to remain in Brazil. A Federal Police investigation has shown these migrants often buy flights with layovers in Sao Paulo's international airport en route to other destinations, but stay in Brazil as means to begin their journey north, according to official documents provided to The Associated Press. More than 70 per cent of requests for refuge at the airport come from people with either Indian, Nepalese or Vietnamese nationalities, one of the documents says. Starting next week, travellers without visas will either have to continue their air journey or return to their country of origin, the ministry's press office said.
Both of Canada's major freight railroads have come to a full stop because of a contract dispute with their workers, and businesses fear widespread harm if the trains don't resume running quickly. Canadian National and CPKC railroads both locked out their employees after the deadline of 12:01 a.m. Eastern Thursday passed without new agreements with the Teamsters Canada Rail Conference that represents some 10,000 engineers, conductors and dispatchers. More than 30,000 commuters in Vancouver, Toronto and Montreal will be scrambling to find a new way into work because their trains won't be able to operate over CPKC's tracks while the railroad is shut down. Business groups had urged the government to intervene, but Prime Minister Justin Trudeau has declined to force both sides into arbitration yet. CN said it made one final offer that it was waiting on a response for. CPKC spokesperson Patrick Waldron said the union rejected its last offer that CEO Keith Creel made at the table in perso
Canadian National Railway Co and Canadian Pacific Kansas City have said their rail networks south of border will continue to operate, but industry groups fear work stop would have far-reaching effects
CN Rail and CPKC have already stopped accepting shipments of hazardous goods and have begun phased shutdowns
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Canadian National Railway (CN) and Canadian Pacific Kansas City (CPKC) plan to lock out workers from the early hours of Thursday
Canada's two largest railroads are starting to shut down their shipping networks as a labour dispute with the Teamsters union threatens to cause lockouts or strikes that would disrupt cross-border trade with the US. Both the Canadian Pacific Kansas City and Canadian National railroads, which haul millions of tons of freight across the border, have stopped taking certain shipments of hazardous materials and refrigerated products. Both are threatening to lock out Teamsters Canada workers starting Thursday if deals are not reached. On Tuesday, CPKC will stop all shipments that start in Canada and all shipments originating in the US that are headed for Canada, the railroad said Saturday. The Canadian Press reported that on Friday, Canadian National barred container imports from US partner railroads. Jeff Windau, industrials analyst for Edward Jones & Co., said his firm expects work stoppages to last only a few days, but if they go longer, there could be significant supply chain ...
Labour Minister Randy Boissonnault is considering "a refusal to process in the low wage stream if the abuse and misuse does not improve," said labour ministry spokesperson Mathis Denis
The United States, Australia, Canada and the Philippines held air and naval manoeuvre Wednesday in a show of force in the disputed South China Sea, where China has increasingly asserted its territorial claims. In an apparent response, China said it conducted air and sea combat patrols on the same day. Adm. Samuel Paparo, who heads the U.S. Indo-Pacific Command, and top military and defense commanders from Australia, Canada and the Philippines said in a joint statement that they stand together to address common maritime challenges and underscore our shared dedication to upholding international law and the rules-based order. They said they were staging the two-day exercises to uphold unhindered passage in the Indo-Pacific region. China has long claimed much of the South China Sea, a key global trade and security route, and vowed to defend its territorial interests at all costs. Its claims overlap those of smaller coastal states, including the Philippines and Vietnam, hampering their ..