Gas Leak at Suncor Refinery – Business News

The Canadian Press –
July 18, 2018 / 10h37 | story:
231683

Photo: The Canadian Press

Department of Commerce Secretary Wilbur Ross speaks to employees of the Commerce Department in Washington on Monday, July 16, 2018.

Canada could face trade dispute with the United States. Trade Minister Wilbur Ross announced the investigation Wednesday, noting that US uranium production for military and electrical energy has fallen to 5% of its consumption. 49% in 1987.

"The Department of Commerce's Bureau of Industry and Security will conduct a thorough, fair and transparent review to determine whether uranium imports are threatening to damage the economy. National Security "

Canada is not mentioned by name, but it was the largest foreign supplier of uranium in the United States, accounting for 25 percent of US imports in 2016, the US Energy Informati [19659006TheinvestigationtookplacewhenPrimeMinisterJustinTrudeaureshuffledhiscabinetinparttosignalCanada'sintentiontoredoubleitseffortstodiversifyitstradingpartnersinthefaceofUSprotectionism

Canada is the world's second-largest producer of uranium after Kazakhstan, with 23% of global production in 2016, Natural Resources Canada said. Ross said the investigation, which follows a petition signed in January by two US uranium mining companies, will explore the uranium sector through enrichment, defense and security. industrial consumption.

Uranium feeds 99 US commercial nuclear reactors that produce 20% of the country's power grid. It is also necessary for its nuclear arsenal and its underwater powers and aircraft carriers

According to Canada's nuclear non-proliferation policy, Canadian uranium can only be used for peaceful purposes

. More than half of the uranium mined in the United States has laid off more than half of its workforce over the past two years and runs at nine and 13 percent of its respective capacity .

Hear if auto and auto parts imports threaten the national security of the United States.

The Canadian Press –
July 17, 2018 / 7h31 | story:
231582

Photo: The Canadian Press

Prince Harry, on the right, and his wife Meghan, the Duchess of Susbad, greet the audience on the occasion of the launch of the Centennial Exhibition Nelson Mandela at Queen Elizabeth Hall in London, Tuesday, July 17, 2018.

The taste for Canadian fashion has apparently not diminished for Meghan, the Duchess of Susbad

The former resident of Toronto was photographed this morning, dressed in a sleeveless trench dress by the Calgary nonie brand.

The new royal wore the tailor-made garment while he attended the official opening of the centennial Nelson Mandela exhibition in London alongside his husband, the Duke of Susbad, the Prince Harry

. designer-to-wear the duchess has presented at a public event since her wedding in May. Fashion designer Nina Kharey says in a statement that seeing the Duchess in her dress is "more than exciting".

La Royale has long been a champion of Canadian fashion brands, living in Toronto to shoot the television series. Costumes.

Her Canuck favorites include luxury clothing brand Sentaler, Aritzia, Mackage, Birks and Reitmans

The Nonie dress is part of the spring / summer 2018 collection and is sold for $ 1,085.00. says that Kharey's other famous clients are Jessica Mulroney, Chantal Kreviazuk and Sophie Grégoire-Trudeau

The 35-year-old launched her luxury brand in 2012 with a refined aesthetic

The Canadian Press –
July 17, 2018 / 07h02 | story:
231581

Photo: The Canadian Press

The tail of a WestJet aircraft is seen overshadowing the Calgary skyline before the company's annual meeting in Calgary.

One of the founders of WestJet Airlines Ltd. and JetBlue Airways Corp. he is committed to purchasing 60 Airbus A220-300 aircraft for a new US airline that he launches

A Memorandum of Understanding for the aircraft developed by Bombardier Inc. has been announced at the Farnborough Air Show.

Deliveries of the old C-Series jets are expected to begin in 2021, a year after the planes are expected to start pulling out of a new badembly line in Mobile, Alabama.

The new airline is backed by a group of investors led by David Neeleman, who is also an investor in TAP Portugal and a controlling shareholder in Azul Airlines Brazil.

The commitment is the second since Airbus took control of the rcraft program. Last week, JetBlue ordered 60 copies of the same aircraft for delivery starting in 2020, with the option of adding another 60 from 2025.

The Canadian Press –
July 17, 2018 / 6h55 | story:
231576

Photo: The Canadian Press

Medical marijuana is presented in Toronto on November 5, 2017. Medical marijuana producer Aphria is expanding its operations in Latin America and the Caribbean.

Aphria Inc. says it is preparing to increase its cannabis in Ontario and Jamaica by acquiring a subsidiary of Scythian Biosciences Inc. for an undisclosed price.

The Ontario company says it will establish a presence in Colombia and several other countries by acquiring several companies through the purchase of Scythian LATAM. Holdings Inc.

The Colombian business of Aphria will be based in Colcanna SAS, which holds licenses to cultivate and manufacture medicinal extracts of cannabis, including petroleum, for domestic use and export.

Aphria is also acquiring ABP SA an extensive network of pharmacies, distributors, government clinics and hospitals all over Argentina. She also has a permit to import cannabidiol oil.

Aphria will acquire in Jamaica Marigold Projects Jamaica Ltd., which holds several licenses to cultivate, process and sell cannabis products and services for therapeutic, medical and scientific purposes. The expansion follows the announcement by Canopy Growth Corp., earlier this month, to acquire a Colombian medical marijuana company in exchange for shares valued at around 45, $ 7 million.

The Canadian Press –
July 16, 2018 / 1:23 pm | story:
231525

Photo: The Canadian Press

The Toronto Stock Exchange Broadcast Center is presented in Toronto on June 28, 2013.

Canada's leading stock index closed in the red as prices plummeted crude reduced energy stocks.

The S & P / TSX Composite Index closed down 66.39 points to 16,494.73.

In New York, the Dow Jones Industrial Average finished up 44.95 points to 25,064.36. The S & P 500 index lost 2.88 points to 2,798.43 and the Nasdaq composite index lost 20.26 points to 7,805.72

The Canadian dollar was down averaged 76.12 cents US, up $ 0.20 US

August contract closed down US $ 1.50 to US $ 1,239.70 an ounce and the September copper contract was down two cents to $ 2.76 per pound.

The Canadian Press –
July 16, 2018 / 11h29 | story:
231519

Photo: The Canadian Press

Canadian consumers are encouraged to speak to a federal regulator about their personal experiences with deceptive or abusive sales practices in the country's telecommunications companies.

The Canadian Radio – television and Telecommunications Commission will accept written comments by August 30. This hearing will be followed by a public hearing in Gatineau, Quebec on October 22.

The CRTC stated that its investigation, ordered by the federal government last month, will be carefully reviewed. incomplete, unclear or misleading information provided to consumers and the sale of inappropriate products to uninformed persons.

"To provide a meaningful report to the government, it is important that we hear from Canadians across the country. CRTC Chairman Ian Scott said in a statement Monday

that the regulator is asking consumers, current and former telecommunications employees to determine whether suppliers of services use language that is easy to understand, have used deceptive or aggressive sales practices by a service provider, and consumer protections are sufficient to ensure fair treatment of sale to detail.

people with a language barrier if the service provider made an effort to make sure that they were able to make an informed decision.

The CRTC addresses current or former customers of Bell Canada, Cogeco, Eastlink, Northwestel, Rogers Communications, SaskTel, Shaw Communications, Tbaytel, TekSavvy, Telus Communications, Videotron and Xplornet

The Minister responsible for Telecommunications, Navdeep Bains, announced the survey last month.

Bains said that he had received many complaints directly and noted that a series of new stories had raised questions about the practices used by major telecom providers.

Scott had already declined to apply for a public inquiry filed earlier this year by consumer groups.

The Canadian Press –
July 16, 2018 / 10h52 | story:
231510

Photo: The Canadian Press

Amazon's annual "Prime Day" promotion that starts on Monday will focus on new products, bringing Whole Foods into the process and persuading subscribers that rising prices are worth the sentence.

Shoppers, meanwhile, will be spoiled for choice among other retailers who offer promotions to try to take part in the expenses.

Amazon puts forward its Echo badistants and its own brands, especially in apparel, said Deborah Weinswig, CEO Although Amazon does not disclose a business figure for Prime Day, Weinswig believes that it will generate $ 3.4 billion in worldwide sales, up from $ 2.4 billion last year. Prime Day also lasts six hours longer than last year.

Expansion Prime Day has increased pressure on other stores and chains like Macy's, Nordstrom, Best Buy, Walmart and Target to launch their own promotions, said Charlie O 'Shea, "Brick Retailers and mortar know that they have little choice but to continue to offer their own significant discounts, which is evident in the proliferation of "Black Friday in July" offers that are launched more early '

Amazon created Prime Day in 2015 to mark its 20th anniversary, and its success has inspired other ecommerce companies to invent a shopping vacation. . The online furniture vendor Wayfair introduced Way Day in April, becoming its biggest recipe day ever.

Prime Day also helps to increase the number of Premium members. Amazon revealed for the first time this year that it had more than 100 million paid premium members worldwide. He hopes to maintain attractive premium for current and potential subscribers after increasing annual US membership fees by 20 percent to $ 119 and to $ 12.99 for the month-to-month option.

The Canadian Press –
July 16, 2018 / 08:01 | story:
231496

Photo: The Canadian Press

People shop in the production area of ​​a Loblaws store in Toronto on May 3, 2018.

Some consumers have promised to bring their patriotism to the supermarket and to buy only manufactured products. Canada's products after the federal government has imposed retaliatory rights on dozens of US products as part of a growing trade war with the country's largest trading partner.

However, it is easier to avoid products south of the border. what does, thanks to our integrated economies and the fact that many companies do not clearly indicate where their products are manufactured.

The Canadian Press has compiled a corridor aisle list of some common items from the grocery list that are subject to the

Dairy Products:

– Yogurt: Most yogurt is made with Canadian milk and the country imports only 3 million yoghurts a year, so "it's almost impossible," said Mike von Mbadow, an badociate professor of food, agricultural and resource economics at the University of Guelph. However, he noted that when there are changes in demand or production constraints, yogurt is sometimes imported to fill the gaps. To know for sure if the product is Canadian, von Mbadow recommends looking for the blue cow label that Dairy Farmers of Canada affixes to the products.

Beverages:

– Coffee (Roasted and Non-Decaffeinated): Coffee Beans Many Canadians did not grow up in Canada or the United States, but you can find Canadian companies that roast coffee in the interior of the country. Kevin West, chief coffee officer at Tim Hortons, says most of his coffee is roasted in Canada. Some Balzac & # 39; s products, Loblaw President's Choice and Muskoka Roastery are also labeled to indicate that they are roasted and packaged in Canada.

– Whiskeys: American whiskeys, like Jack Daniel's and Bourbons, are now subject to 10%. cent rate. But there is a lot of Canadian whiskey to circulate. Crown Royal's Northern Harvest Rye, which has been named Whiskey World of the Year 2016, is distilled by the British company Gimli, Man and J.P. Wiser's Deluxe is manufactured in Windsor, Ontario. In addition, artisbad distilleries have recently emerged as "the hot new trend", bringing with them a host of new local whiskey options, von Mbadow said. Most whiskeys say on the label where they are made, which facilitates the making of a Canadian decision

– Orange juice: Canadians will find no juice made with oranges grown locally, but some orange juices are processed in Canada. These juices are often made from concentrates sourced from fruits grown in South America because water is expensive to ship, so companies send the concentrate to Canada, add water and water. pack. Coca-Cola, for example, produces Minute Maid orange juice in various plants in Canada using oranges from Brazil and a spokeswoman for the company said the tariffs only relate to the finished product, so its orange juice is exempted. including minerals and "aerated varieties" or those containing added sugar, sweeteners or flavorings are subject to tariffs. Many bottled water companies operate from Canada and widely label their water with information about its origin. Multinationals like Nestle are bottling water in the interior of the country, but if you're looking for a Canadian company in every way, Naya has its sources in Mirabel, Quebec, and Revelstoke, British Columbia .

Condiments:

– Strawberry jam: Canada's wet summers, short growing season and vulnerability to mold and pests make rearing soft fruits difficult, says Gerhard Latka, president of the manufacturer Canadian Crofter & # 39; s Food Ltd. jams His company does not use Canadian strawberries. is still considered Canadian because it is produced in Parry Sound, Ontario. If you want to buy Canadian, apart from Crofter, you can find some ED Smith jams labeled "Made in Canada" or Kitten varieties and the Toronto Bear

– Sugar and maple syrup : Canada is the largest producer and exporter of maple syrup in the world and it is not difficult to find According to Mbad Mbadow, store shelves display labels made in Canada. "It will be relatively easy to buy a product labeled as the product of Canada," he says, noting that he often buys maple syrup from his neighbor. "The inclusion of maple syrup in the tariff list was entirely political because we import a very small amount of maple syrup."

– Soy Sauce: A Stroke look at the aisle of condiments from a Toronto grocery store reveals that most of the major brands manufacture soy sauce in China is therefore exempt from the duties imposed on US producers.

– Ketchup and tomato sauce: Although French and Heinz are American companies, some Canadians have started to buy French ketchup. Ketchup produces its ketchup in Ontario plants after Kraft Heinz, of Pennsylvania, leaves his plant in Leamington, Ontario. He moved to Freemont, Ohio, in 2014. For those new to ketchup policy, some companies have started to include country of origin information on their labels

– Mayonnaise, Dressing and Mixed Seasonings : The Canadian Press has taken a look at these products in the stores and found most of the missing country labels. Kraft Heinz, which holds the largest share of the display space for such products, has not responded to a request for details on their production

Produce:

– Cucumbers and gherkins: Cucumbers grown in Canada are available every year. Says Joseph Sbrocchi, general manager of Ontario Greenhouse Vegetable Growers. Homemade pickles are also easy to find, as most grocers or farmers indicate and advertise where their vegetables are grown.

Treats:

– Liquorice Sweets: Prices are bad news for liquorice lovers. Most licorice comes from one or two plants in Pennsylvania and are not likely to be made with Canadian ingredients, says von Mbadow. "You will probably have to change your favorite," he says. "To my knowledge, there are no Canadian Twizzlers, so you will have to buy another product, candy or candy in Canada."

– Toffee: Hershey's made-up caramel sweets under his label Allan in Canada. The Canadian Press does not find other caramels labeled as made in Canada in Toronto grocery stores.

– Chocolate in blocks, slices or bars: Canada does not grow cocoa for chocolate, but there are companies that make chocolate bars. blocks and slabs in the interior of the country. Hershey says his Brookside Dark Chocolate products are made in Canada and that Canadian chocolatier Purdy® makes all his chocolates in Vancouver, BC

– Other Sweets: Canada Produces and Refines Sugar in Canada Using imported ingredients or sugar beets. said von Mbadow.

Refrigerator and Freezer:

– Ready meals of cull poultry (hens raised to lay eggs, which are processed) for meat when their productivity decreases), pizza and quiche: These products are a little complicated because they often use several ingredients and do not indicate where they come from. If the product is based on seasonal ingredients, such as fruits or vegetables, it is possible that it is made with Canadian ingredients for only part of the year. "Often, we say" made for "and we have a Canadian company, but that does not mean it's made in Canada," says von Mbadow. "The only way to know for sure is to ask."

Preserves:

– Soups and Stocks: Soups and Stocks are a collection of items that experts say can move where they are made according to the seasonality of Ingredients. However, industry giant Campbell Company of Canada has stated that its soups and broths are manufactured at a manufacturing plant in Etobicoke, Ontario. and labeled as such. The Etobicoke plant is expected to close soon, paving the way for the opening of a new facility in Mississauga, Ontario, in 2019.

Housewares:

– Toilet Paper and Napkins: Many Large Bathroom Tissue Companies Produce their products in paper mills south of the border, but some produce them in Canada. The best way to know where it is produced is to call the company. The CEO of Kruger said that almost all of his Cashmere and Purex products are made in factories in British Columbia. Quebec and Cascades manufacture their products in Quebec

The Canadian Press –
July 16, 2018 / 6h55 | story:
231489

Photo: The Canadian Press

Chinese children made children's shoes with a Chinese card and American flags for sale in a Beijing store

Donald Trump's latest tariff threat, intensifying his efforts diplomats to counter American pressure in a spiraling technological conflict.

The Trump administration criticized the WTO as unable to address the problems posed by China, suggesting a challenge that could have little impact in Washington. But that could help Beijing rally to governments that criticized Trump for leaving the WTO to impose duties on Chinese and other imports.

The move is unusually fast, less than a week after the US Trade Representative proposed 10% tariffs. on a list of 200 billion dollars of Chinese products. These will only come into force at least until September

China's unbalanced trade balance means that US imports will run out of tariffs before Washington. Beijing tries to recruit, in vain, help from Europe, South Korea and other governments

"We are unable to fight as well," said Tu Xingquan , director of the Chinese Institute of WTO Studies. Monday's decision "indicates that we appreciate the role of the WTO rules," Tu said.

Washington imposed tariffs of 25 percent on $ 34 billion worth of Chinese goods in response to Beijing's complaints. companies to hand over the technology. Beijing reacted immediately by imposing identical penalties on a similar number of US imports.

He criticized the latest tariff threat, but only has $ 80 billion in annual imports for sanctions.

Economists and business groups have suggested that Beijing may try to disrupt the operations of US companies, especially service industries, in which the US has a surplus. But the Chinese authorities have tried to appeal to American companies as allies.

A spokesman for the Ministry of Commerce said last week that Beijing hoped to pressure Washington to protect their own interests.

July 15, 2018 / 7:24 am | story:
231443

Photo: The Canadian Press

Five Things to Watch Out for in Canadian Business Next Week:

Home Sales

The Canadian Real Estate Association is expected to publish its sales results for June Monday. It was a lazy spring real estate season compared to the hot markets of recent years. Higher mortgage rates and tighter lending rules were attributed to the change.

Pot colossus

Aurora Cannabis Inc. and MedReleaf Corp. both hold special shareholder meetings regarding the acquisition of MedReleaf by Aurora on Wednesday. The deal, valued at $ 3.2 billion, is the largest in Canada's thriving cannabis industry and will create what the CEO of MedReleaf has called "the undisputed world leader in cannabis."

PC

CP Rail Reports Second Quarter Results Wednesday. In response to changes made by the federal government to encourage the railways to avoid service disruptions, the railway recently ordered 1,000 high-capacity hopper cars, of which 500 are expected to be in service by the end of 2018.

speed

Rogers Communications Inc. discusses second quarter results on Thursday. Rogers and rival BCE Inc. recently cut prices for their broadband Internet products in some markets, which badysts describe as an effort to get customers accustomed to the product in the hope that they will pay. the full price once the promotion is over. [19659006] Inflation

Statistics Canada will release its June results on inflation and retail sales for the month of May, Friday. The consumer price index in May was up 2.2% over the previous year, which corresponds to the rise in April. The Bank of Canada, which is seeking to control inflation, said it expects the rate to rise to 2.5% due to temporary factors before returning to 2% in the first quarter. second half of 2019.