By Rod Nickel and Kaven Baker-Voakes
WINNIPEG/OTTAWA – Canadian canola and wheat stockpiles were sharply lower in midsummer from a year earlier but bigger than expected, a Statistics Canada report showed on Wednesday.
Statscan pegged the all-wheat stocks as of July 31, at 5.2 million tonnes, down 27 percent from a year ago but far exceeding the average trade expectation of 4.29 million tonnes.
Canola supplies amounted to 2 million tonnes, down 21 percent but topping the average trade guess of 1.27 million tonnes.
Trade expectations for wheat and canola likely differed widely from Statscan’s stocks estimates because the agency found more crop being stored on …
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By Andrea Hopkins and Leah Schnurr
OTTAWA (Reuters) – The Bank of Canada warned on Wednesday that the economy could be weaker than it anticipated just two months ago as exports disappointed, but the central bank held rates steady as it stuck to a forecast that growth will bounce back in the second half.
In a statement that was bleaker than the market had expected, the bank also said the U.S. outlook for business investment has become less certain, despite a healthy labor market and solid consumption.
“Exports disappointed even after accounting for weaker business and residential investment in …
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Canada’s main stock index closed
slightly lower on Wednesday as the country’s central bank warned
of risks to growth, with a convenience store operator, some
banks, telecom companies and miners among the biggest weights.
The Toronto Stock Exchange’s S&P/TSX composite index
unofficially closed down 16.37 points, or 0.11
percent, at 14,796.65. Eight of its 10 main sectors fell,
although most were marginal losses.
(Reporting by Alastair Sharp; Editing by James Dalgleish)
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Recently I interviewed the Honorable Gerry Weiner, Canada’s former Minister of Immigration and now a member of my law firm about a prospective new investor immigration program for Canada. Here is what he said:
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In just under five months Democratic presidential nominee Hillary Clinton may be sleeping soundly in the White House. Before election day arrives on 8 November, however, she may be tossing and turning in bed, wondering if there’s something out there that could derail her presidential ambitions. While the former first lady has a poll lead that ranges from dead heat to slightly ahead and an electoral playing field that gives her a decided advantage, Republican nominee Donald Trump – despite an up-and-down past month – remains in striking distance. Whether this is a reflection of Mrs Clinton’s weaknesses as a candidate or Mr Trump’s unconventional appeal, the reality is the race could still tip towards the Republican if something breaks his way. Here are five reasons why Mrs Clinton could suffer from election-related insomnia despite conventional wisdom that has favoured her for months.
Unexpected eventsThere are the things a candidate can …
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El Salvador players were offered financial incentives before Tuesday’s World Cup 2018 qualifying game against Canada, the country’s football association has confirmed.It said Salvadoran businessman Ricardo Padilla offered the players rewards to win, draw or avoid a heavy loss.A heavy defeat could see Canada progress at the expense of El Salvador’s neighbours Honduras.
World football governing body Fifa has confirmed it is investigating.In a recording played by El Salvador’s captain Nelson Bonilla at a news conference, Padilla promised various amounts of money to players depending on the result.The amounts ranged from $30 (£22) a minute for a win to $10 (£7) a minute for a 1-0 defeat.”In reference to what we heard, we want to make it clear that we are against anything of this kind,” Bonilla added.”We want to be transparent about everything that has happened with the national team.”Fourteen El Salvador players were previously banned for …
By Svea Herbst-Bayliss
(Reuters) – Activist investor William Ackman left the board of Canadian Pacific on Tuesday, marking the end of a four-year tenure that helped overhaul the ailing railroad company and earn his hedge fund roughly $2.6 billion.
Canadian Pacific announced Ackman’s resignation almost exactly one month after his Pershing Square Capital Management sold its remaining 9.8 million CP shares, freeing up roughly $1.5 billion in cash to make other investments.
Ackman initially planned to stay on the CP board until next year, but stepped off now as the company was making other changes to the board by adding Jill Denham and …
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Ah, Labour Day – the true Canadian New Year.The sun still burns, the lake’s ideal for swimming, the bugs are finally gone … so let’s turn back to hockey and slam the Zamboni door on summer.It was still August when the utterly forgettable World Cup of Hockey got under way in 2004, and a season-long NHL lockout was announced but two days after Shane Doan scored the last goal of the tournament, giving Canada a 3-2 victory over Finland.
Let us trust in better memories this time.There might never have been another World Cup but for factors that involve greed, control and fading NHL passion for Olympic hockey that will next be played in not-prime-time Pyeongchang, South Korea. If this third World Cup – the first was played in 1996 – goes well, many believe the league won’t be going to South Korea.On Monday, Team Canada held its first …
Theophilos ArgitisSep 05, 2016 12:32 pm ET(Bloomberg) — Canadian Prime Minister Justin Trudeau said Chinese officials didn’t bring up the issue of investment restrictions during his one-week visit, while indicating he would be open to a discussion on the matter.Trudeau spoke to reporters in Hangzhou, China, following the Group of 20 summit. Last week he held bilateral talks in Beijing with leaders including Chinese Premier Li Keqiang and President Xi Jinping.Many Chinese companies, particularly the country’s state-owned enterprises, face more severe investment restrictions than Canada’s more traditional trading partners like the U.S., amid worries over governance issues …
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– splaining: a combining form extracted from mansplain, and meaning “to explain or comment on something in a condescending, overconfident, and often inaccurate or oversimplified manner, from the perspective of the group one identifies with”
So what is “Canadiansplaining”?
Since the rise in media attention given to Black Canadians organizing around Black Lives Matter I have had to listen to a lot of “Canadiansplaining” when I have spoken up about my own experiences of anti-Black racism in the presence of some White folks and racialized. It’s like Whitesplaining but I have experienced it from both White and racialized people who are not Black or Indigenous so I needed to come up with a more “inclusive” word.
“Canadiansplaining” usually entails these people making me aware of how even though Black folks in Canada are subjected to systemic anti-Black racism “because no one is perfect” it is not as bad as in the …