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  • Why congress can’t cave in to Trump on NAFTA

    December 12, 2018 12:15 PM 5

    The best argument for Congress to pass U.S. President Donald Trump’s tweaked version of the North American Free Trade Agreement is also the worst argument for it. It’s the argument from stability. It concedes that the new agreement, labelled the U.S.-Mexico-Canada Agreement (USMCA), may not be a vast improvement over NAFTA, or an improvement at all. But it urges

  • Alberta seeks refinery proposals to prevent future oil shocks

    December 11, 2018 9:17 PM 5

    Building new refining capacity in the province would be a longer-term solution to the persistent pipeline bottlenecks that have weighed on Alberta’s oil prices in recent months. To allay the short-term crisis, Premier Rachel Notley earlier this month announced mandated production cuts, which have largely accomplished their mission of boosting prices

  • Postal union takes Trudeau government to court over back-to-work bill

    December 11, 2018 6:01 PM 6

    The union’s lawyer said the back-to-work legislation was passed after Canada Post created a “false emergency” over a backlog of parcels at the Crown corporation’s sorting plants. “The Liberal government’s legislation, just like the previous Conservative’s, unilaterally prohibits any lawful strike,” Paul Cavalluzzo said in a statement. “This legislation

  • Women get corporate board seats mostly when it’s required by law

    December 11, 2018 5:15 PM 6

    “When we look at the board seats that have turned over, only about a quarter of them are filled by women,” said Cynthia Soledad, a co-leader of the Egon Zehnder diversity council and one of the authors of the study. “It needs to be more than an intellectual exercise or a philosophical alignment that diversity is good and diversity would benefit us.” In the U.S., big companies

  • Bombardier to unveil its biggest luxury jet next week

    December 11, 2018 3:24 PM 9

    Montreal-based Bombardier is counting on the Global 7500 to generate at least $2.5 billion of annual sales by 2020 as the company trims its commercial-plane operations to focus on business jets and trains. Canada’s largest aerospace company needs the boost from the long-range plane as it grapples with $9.5 billion in adjusted debt and bond maturities

  • Lawmakers urge Canada to impose Magnitsky sanctions against Iran

    December 10, 2018 9:57 PM 7

    Canada passed a law last year named for late Russian lawyer Sergei Magnitsky, whose arrest and death in prison drew international attention. It allows sanctions to be applied broadly in human rights cases, and was used last month to charge 17 Saudi officials in the aftermath of the death of Jamal Khashoggi. “2018 has seen an unprecedented assault on human

  • Former ServiCom employee warns about unofficial fundraising drives

    December 10, 2018 6:20 PM 5

    SYDNEY, N.S.—People planning on donating funds to help the almost 700 call centre employees in Cape Breton who lost their jobs last week are being warned to be careful about where they send their money. Tanya Wilneff, a former manager at the ServiCom Canada facility in Sydney, says the workers have yet to endorse any centralized fundraising efforts

  • Qualcomm say it won ban on sale of some iPhones in China

    December 10, 2018 6:04 PM 6

    The patents are related to adjusting and reformatting the size and appearance of photographs and managing applications using a touchscreen, Qualcomm said. They are just two of a number of patents Qualcomm is using against Apple in disputes in several countries. China is the world’s largest market for smartphones and is home to the manufacturers of the iPhone

  • BlackBerry to unveil secure smart-city traffic technology service

    December 10, 2018 4:46 PM 6

    BlackBerry Inc. is attempting to aid in the creation of smart cities with a new service that provides the infrastructure for vehicles and traffic lights to exchange information in a secure manner. The Waterloo-based tech company says it will not charge service fees for automakers and public offices involved in smart city and connected vehicle pilots

  • CEO joins executive exodus at Washington’s Dominion Diamond

    December 10, 2018 1:04 PM 7

    Dominion Diamond Corp. Chief Executive Officer Patrick Evans has left the company, marking at least the third high-profile departure in less than a year at the Canadian miner, which is owned by billionaire Dennis Washington. Evans confirmed that he departed on Dec. 5. Shane Durgin, who was chief operating officer, took over as CEO effective Dec. 7, Evans