Canada deployed two warships in the Baltic Sea and the North Atlantic Ocean on Sunday, where they will meet two frigates already present in the region to strengthen NATO’s eastern wing, in response to the Russian invasion of Ukraine. The NSCM Kingston and Summerside will remain in the region for four months as part of […]
Tag: Canada
G7: Discussion of Russian turbine trapped in Canada
The G7 is likely to discuss the fate of a Russian turbine trapped in Canada, with the situation being blamed for reducing gas flows to Germany, despite the fact that the group of countries may not have reached an agreement until the end of the conference, said yesterday Jonathan Wilkinson, Minister of Natural Resources of […]
US-Canada: Washington Open to New Canadian Tariff Negotiations
The United States is open to new talks with Canada to resolve a long-running dispute over US tariffs on coniferous timber, the US Trade Representative, Kathryn Thai, said on Wednesday. Tai told a Senate Compensation Subcommittee meeting that a new timber trade agreement requires the Canadian government to address US concerns that its policies are […]
Canada: Annual inflation rises more than expected in May to 7.7%, highest since 1983
Inflation accelerates in May more than expected. IPC rises 1.4% in May, above the 1% market consensus. Canadian dollar without big data impact. In Canadathe Consumer’s price index (CPI) in May rose 1.4% exceeding the expected increase of 1% and higher than the rise of 0.6% in April. The annual rate went from 6.8% to […]
How Denmark and Canada acquired land borders
Of Costa Rapti The indivisible third brings them closer. And it imposes compromise solutions on old territorial disputes, in order to strengthen the unity of the Atlantic Alliance. This is the case of the uninhabited Arctic island of Hans, which for 49 years has been the apple of contention between Denmark and Canada. The Isle […]
Canada: Stops Covid-19 Tests at Airports to Reduce Waiting Longer
Canada will suspend random checks on the Covid-19 at all airports in the country by the end of June to reduce the long wait for passengers seen in recent weeks, a government source said today. The tests will stop on Saturday and will resume on July 1 “outside the premises” of the airports. Some aviation […]
Canada: Queues at gun shops
Aman Santou went from a gun shop to a gun shop in British Columbia, Canada, to buy a pistol before a freeze on handgun sales was imposed, as demanded by Prime Minister Justin Trinto last week. “I am worried. If I do not buy now, the opportunity may never be presented again,” Mr Santou told […]
The Bank of Canada meets expectations and raises its interest rates 50 basis points to 1.5%
The The Bank of Canada has met market expectations by announcing a 50 basis point hike in its interest rates, from the previous 1% to the current 1.5%.its highest level since January 2020. This is the third consecutive rate hike meeting. BoC statement The Bank of Canada has today increased its target for the prime […]
Canada: Manufacturing PMI improves in May to 56.8 but falls short of 57.6 forecast
The Canada’s manufacturing PMI grew six tenths in May, rising to 56.8 points from 56.2 in April, his best result in two months. The figure, however, falls short of market expectations, whose consensus expected an increase to 57.6. As published by S&P Global, the operating conditions of the Canadian manufacturing sector improved in May, thanks […]
Canada: British Columbia decriminalizes possession of small quantities of hard drugs
Canadian authorities announced on Tuesday that the possession of small quantities of so-called “hard” drugs in a province in the western part of the country, which is particularly affected by the opioid crisis, from which thousands of Canadians have died, is being decriminalized. British Columbia became the first Canadian province to decriminalize possession of small […]