Economy
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Ouch again! FAO says Ontario deficit to jump almost $12B this year
Spending plan will add about $70 billion to the net debt, increasing it to almost $400 billion in 2020-21.
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Economy grew 0.4% in February, boosted by resource sector: Statistics Canada
Rebound in the mining and oil and gas extraction sector, gains 2.4% for the month.
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NAFTA talks keep Freeland in Washington, substitute going to NATO summit
Hanging in for a marathon round aimed at getting a new continental trade deal by next week.
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Canada, US spar over NAFTA sunset clause
Freeland and Lighthizer people clash over late stage sticking point.
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NAFTA: Political heavyweights hit Washington in hunt for deal
People briefed on developments say a deal is possible as early as this week, based on a variety of factors.
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Trade missions for women, Indigenous, LGBTQs in 2018: minister
Idea is to promote the interests of those who have been ignored in the past.
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Bank of Canada holds interest rate as it ponders timing of next hike
Poloz says economy’s unable to continue running at full tilt without the power of lower rates.
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Manufacturing sales up 1.9% to $55.8 billion in February
Advances in 14 of 21 industries, representing 72.2% of the sector.
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Geneva trade official backs WTO, says it serves US interests
Disagrees with Trump’s bid to work around the multilateral system by making bilateral deals with individual countries.
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China’s president offers US possible trade concessions
Xi positions China as a defender of free trade, despite its status as the most-closed major economy.
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China files trade complaint against US over steel tariffs
Beijing says Trump’s additional duties of 25% on steel and 10% on aluminum violate international trade rules.
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Firms still positive about future, but some see moderation ahead: Bank of Canada
They anticipate sales the faster over the next 12 months, stronger overall from increasing US demand.
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80% chance of new NAFTA deal announced within a month: Mexico
Officials are still negotiating technical details in Washington after their political bosses held talks last week.
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Trump seeks to ease fears of trade fight with China
Beijing has threatened to retaliate if Washington follows through with its proposed tariffs.
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Trade deficit grows to $2.7B in February: Statistics Canada
Surplus with the United States narrowed to $2.6 billion compared with $2.9 billion in January.
