Beef And Pork Sectors Welcoming WTO Ruling On COOL
Canada's beef and pork sectors are welcoming a World Trade
Organization ruling that allows Canada and Mexico to impose one
billion dollars in annual tariffs on US products.
The decision comes in a long-running saga focused on how the US
labels packaged steaks and other meats.
Canada had been expecting yesterday's favourable decision because the
WTO ruled in May that the American labelling -- known as COOL --
violated its international trade obligations.
The WTO had found that the American rules-of-origin labelling
provisions left Canadian and Mexican meat products at a
disadvantage.
The helicopter had been stationed on the icebreaker Amundsen,
which was sailing through M'Clure Strait in the western Arctic as
part of a regular program of scientific study.
Lead investigator Jean-Marc Ledoux says it's hard to say what
could have been done to prevent the accident. But the report notes
the search and rescue operation was delayed because the Amundsen's
crew was inadequately trained to use the system that tracks flights.
Klaus Hochheim, a veteran University of Manitoba Arctic
scientist, was one of those killed in the crash.
Prime Minister Justin Trudeau will speak with aboriginal leaders
in Gatineau, Quebec about the Liberal plan, which is expected to
last up to two years and cost $40-million.
Opposition parties want to know the inquiry's mandate and who
will sit on it.
Interim Conservative leader Rona Ambrose said she supports the
inquiry -- a stark contrast from her predecessor, Stephen Harper,
who frequently rebuffed demands for further study, feeling the
matter was best left to police.
Toronto's TSX index tumbled 315 points after oil closed in New
York at $37.65 US a barrel -- a six-year low.
Traders sold oil futures following OPEC's decision last week to
maintain production levels, which has left the world awash in oil.
Our dollar reacted by losing three-quarters of a cent yesterday
to close at 74-cents US.
It's down another 16 basis points in overseas trading this
morning.
Organization ruling that allows Canada and Mexico to impose one
billion dollars in annual tariffs on US products.
The decision comes in a long-running saga focused on how the US
labels packaged steaks and other meats.
Canada had been expecting yesterday's favourable decision because the
WTO ruled in May that the American labelling -- known as COOL --
violated its international trade obligations.
The WTO had found that the American rules-of-origin labelling
provisions left Canadian and Mexican meat products at a
disadvantage.
Report Released On Helicopter Crash That Killed Manitoba Scientist
The Transportation Safety Board of Canada says a lack of visual
cues to judge altitude probably caused the crash of a Canadian Coast
Guard helicopter that killed three people in 2013, including a
Manitoba scientist.
cues to judge altitude probably caused the crash of a Canadian Coast
Guard helicopter that killed three people in 2013, including a
Manitoba scientist.
The helicopter had been stationed on the icebreaker Amundsen,
which was sailing through M'Clure Strait in the western Arctic as
part of a regular program of scientific study.
Lead investigator Jean-Marc Ledoux says it's hard to say what
could have been done to prevent the accident. But the report notes
the search and rescue operation was delayed because the Amundsen's
crew was inadequately trained to use the system that tracks flights.
Klaus Hochheim, a veteran University of Manitoba Arctic
scientist, was one of those killed in the crash.
Government To Unveil Plans For Missing And Murdered Women Inquiry
The Liberal government is expected give some details today on how
it will prepare for the party's long-promised inquiry to examine the
phenomenon of missing and murdered aboriginal women across Canada.
it will prepare for the party's long-promised inquiry to examine the
phenomenon of missing and murdered aboriginal women across Canada.
Prime Minister Justin Trudeau will speak with aboriginal leaders
in Gatineau, Quebec about the Liberal plan, which is expected to
last up to two years and cost $40-million.
Opposition parties want to know the inquiry's mandate and who
will sit on it.
Interim Conservative leader Rona Ambrose said she supports the
inquiry -- a stark contrast from her predecessor, Stephen Harper,
who frequently rebuffed demands for further study, feeling the
matter was best left to police.
Dollar Sinks To Lowest Levels Since 2004
Plunging oil prices helped dragged the Toronto stock market down
by 2.3 per cent yesterday and our dollar fell to its lowest level
against the US buck since June 2004.
by 2.3 per cent yesterday and our dollar fell to its lowest level
against the US buck since June 2004.
Toronto's TSX index tumbled 315 points after oil closed in New
York at $37.65 US a barrel -- a six-year low.
Traders sold oil futures following OPEC's decision last week to
maintain production levels, which has left the world awash in oil.
Our dollar reacted by losing three-quarters of a cent yesterday
to close at 74-cents US.
It's down another 16 basis points in overseas trading this
morning.
