Economy
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Canada’s G7 goal on development: luring private capital to poor nations
Female empowerment will also be at the centre of the development discussions.
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Why US China trade talks left toughest issues unresolved
China’s requirement that US companies hand over technology for access to the its market not addressed.
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Ontario NDP forced to admit to annual $1.4B costing error
Miscounting $700-million annual reserve fund as revenue will affect deficit projections for several years: Horwath.
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Deloitte Canada names Conference Board’s chief economist as its first chief economist
Will oversee and further develop the firm’s macroeconomic research and forecasting capability.
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Mnuchin says NAFTA negotiations could spill into 2019
Missed an informal deadline to get a revamped NAFTA to Congress in time for lawmakers to vote on it.
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EU says no clarity on US tariffs ahead of deadline
EU has drawn up a list of duties worth $3.4 billion to impose on US products if it is not permanently exempt.
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Mnuchin says US and China putting trade war on hold
US claims it got a number of commitments on a framework for reducing the deficit over time.
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Manufacturing sales point to growth in economy: analysts
Much of the growth came from price appreciation but volumes were up.
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As NAFTA deadline nears, Trudeau, Trump discuss prospects of quick deal
US officials are sounding less than bullish about the prospects of an agreement by week’s end.
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Ontario Liberals, PCs both wrong on minimum wage policy
A better plan would be a work-based subsidy that provides a cash transfer
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Canadian NAFTA concern: Auto production tied up in red tape
CAR says those rules would increase the cost of a car by hundreds or even thousands of dollars.
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NAFTA’s big sticking point: major gaps between US, Mexico on autos
Mexico differing on auto parts that benefit production in high-wage jurisdictions.
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Push is on as NAFTA countries seek a deal before elections
Lighthizer sees the window for a deal only open for the next one or two weeks.
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Business leaders’ confidence sours on Canadian economy: survey
Conference Board of Canada confidence index falls to lowest level in six quarters.
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CPP expansion will shrink available investment capital
Could reduce domestic investment up to $114 billion from 2019 to 2030.
