Fort McMurray wildfire: Thanksgiving video acknowledges Canadians for helping when disaster struck

The Thanksgiving holiday is intended to give Canadians a chance to pause and reflect and give thanks and that’s exactly what the Regional Municipality of Wood Buffalo (RMWB) is doing this weekend as it continues to recover from a wildfire disaster earlier this year. Story continues below

On Friday, Wood Buffalo posted a video called Grateful Hearts to its Facebook page to thank Canadians for helping the community recover from May’s catastrophic wildfire that saw about 80,000 people forced to flee Fort McMurray.Aside from the heroic efforts of fire crews in battling the blaze, many Canadians showed their …
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Arizona Governor is big on trade with Canada

In the heat of the U.S. presidential campaign, where international trade and the economy are vital issues for Canadians, one of America’s newest and brightest political stars is touring Canada, promoting trade with Arizona.
Arizona Republican Governor Doug Ducey sat down with me to discuss trade, politics and hockey after a speech to the Canadian Club in Toronto last week.
He’s on a mission to increase investment by Canadians in Arizona and trade between Canada and Arizona.
Given that Republican presidential candidate Donald Trump has called NAFTA a “disaster” and threatened to renegotiate the deal if he …
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Bank of Canada Finds Business Sentiment Improving

OTTAWA-Canadian businesses appear slightly more optimistic about their prospects in the months ahead as conditions are expected to improve for the country’s hard-hit resources sector, the Bank of Canada said Friday.

The central bank’s quarterly business-outlook survey found that firms’ overall investment and hiring intentions have improved, with businesses in resource-related industries starting to see a tapering in investment cuts caused by slumping oil prices. The survey suggests the overall negative view that prevailed through the first half of 2016 may be lifting.

“Many resource-related firms, such as those in oil and gas or mining, sense that activity has hit bottom,” the Bank of Canada said in the survey. “Given the relatively stable commodity prices in recent months, businesses now cautiously believe that sales will no longer fall, or will increase modestly.”

At the same time, expectations for inflation over the next two years edged down, the central bank said, tempering …

Canadian Business Leaders Support Carbon Tax Plans »

by Mike Godfrey, Tax-news.com, Washington
07 October 2016

A group of Canadian business leaders has signed an open letter welcoming the Government’s plan to introduce a floor price on carbon pollution.
The letter, organized by the Smart Prosperity initiative, was signed by 22 business and community leaders. It described a rising carbon price as critical to meeting Canada’s climate commitments, and said the measure will need to form part of an overall approach that includes promoting energy efficiency and clean production.
The letter stated: “Carbon pricing is the most economically effective way to reduce emissions and stimulate clean innovation, which will be critical to Canada’s success in a changing global economy. The proposed Canada-wide approach works with provinces and territories, and allows for regionally tailored paths towards a common goal. By starting slowly and ramping up over five years, it gives businesses and households time to adjust and plan for lowering their …

Canada jobs surge in September, driven by the self-employed

By Leah Schnurr

OTTAWA (Reuters) – Canada added far more jobs than expected in September, mainly because of the biggest increase in self-employed workers in more than seven years, data from Statistics Canada showed on Friday.

Economists did not expect the report, which has been volatile month-to-month, to move the Bank of Canada off the sidelines when it meets later this month. A senior policymaker said on Thursday there was still more slack in the labor market than the unemployment rate would suggest.

After cutting interest rates twice last year to offset the effects of plunging oil prices, the central …
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Japan to sign global climate pact 'as soon as possible' – minister

TOKYO Japan will seek to ratify the 2015 Paris Climate Change Agreement to cut emissions and prevent climate change as soon as possible, after support from European nations sent the accord over an important threshold earlier this week.”We would like to make our best efforts to complete ratification as soon as possible,” Japanese environment minister Koichi Yamamoto told a news conference on Friday, adding the government will submit a ratification bill to parliament as early as Oct. 11.However, approval may take weeks and if Japan misses the Nov. 4 implementation date for the agreement, that could limit its ability to influence …
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Canada Today: Giving Thanks, Canadian Style

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CANADA STOCKS-TSX falls as energy and telecoms lose ground

Oct 7 Canada’s main stock index fell on
Friday as lower oil prices weighed on energy stocks and an
unfavorable regulatory ruling pressured the shares of telecom
companies.

The Toronto Stock Exchange’s S&P/TSX composite index
unofficially closed down 29.24 points, or 0.20
percent, at 14,566.26. Nine of the index’s 10 main groups ended
lower.

(Reporting by Fergal Smith; Editing by Meredith Mazzilli)

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Sarkozy's hardline bet risks backfiring in French election

By Ingrid Melander
| PARIS

PARIS He is rousing crowds at campaign rallies with fiery speeches warning of the dangers of immigration while losing ground in opinion polls – Nicolas Sarkozy’s law-and-order platform pleases core supporters but is backfiring with French voters. The combative former president began a re-election bid in late August, stealing much of the limelight from rivals as he tapped into voters’ concerns over Islamist attacks and Europe’s refugee crisis. Six weeks later, and with six weeks to go before the primaries that will decide who gets the conservatives’ ticket for the April 2017 presidential election, opinion polls show him losing support with voters overall and among supporters of his Les Republicains party.”It’s paradoxical because his strategy of veering to the right is in line with how French society is evolving and it should work, but it doesn’t,” said Francois Miquet-Marty of Viavoice pollsters.There are two main …
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