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Business Canada

  • Employees work on the body shell of an automobile on the production line inside the Suzuki Motor Corp. plant in Esztergom, Hungary

    The renegotiation of NAFTA could set the tone for every other trade deal during the Trump administration.

  • Items within the trade agreement, such as terms about services, need to be updated, says Stewart Beck, CEO of Asia Pacific Foundation of Canada.

  • Aug 15- Bombardier Inc, which was excluded from bidding on a contract by Ontario- based transportation agency Metrolinx, said on Tuesday it had filed an application for judicial review. Bombardier said in a statement it was taking Metrolinx to court after the agency designated the Canadian plane and train maker ineligible to bid on the contract valued at over C...

  • LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session at the "Dialogue with the Dallas Fed" event hosted by the Lubbock Chamber of Commerce- 1700 GMT. EDINA, Minnesota- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated question-and-answer...

  • LUBBOCK, Texas- Federal Reserve Bank of Dallas President Robert Kaplan participates in a moderated question-and-answer session at the "Dialog with the Dallas Fed" event hosted by the Lubbock Chamber of Commerce- 1700 GMT. EDINA, Minnesota- Federal Reserve Bank of Minneapolis President Neel Kashkari participates in a moderated question-and-answer session...

  • *Canadian dollar at C $1.2757, or 78.39 U.S. cents. *Loonie touches its weakest since July 12 at C $1.2778. Worries that weaker growth in China will weigh on commodity prices added to pressure on Canada's commodity-linked currency, said Amo Sahota, director at Klarity FX in San Francisco.

  • TORONTO, Aug 15 (Reuters)- Apple Inc priced its C $2.5 billion ( $1.96 billion) in seven-year bonds in a Canadian-dollar-denominated issue, one of the joint book-running managers said on Tuesday, setting a record amount for an issuer in the Maple bond market. The deal, which also tied as the biggest corporate issue in Canada, was priced at a spread of 80 basis points over...

  • Aug 15- Blackstone Group has pulled out of discussions to buy part of Israeli mobile surveillance software maker NSO Group, according to people familiar with the talks that had been criticized by digital privacy activists. News of those talks prompted complaints from Citizen Lab at the University of Toronto's Munk School of Global Affairs and...

  • The NAFTA agreement with Mexico and Canada was "the worst trade deal in history," candidate Trump declared. He accused NAFTA of having swollen America's trade deficit with Mexico, pulled factories south of the border and killed jobs across the United States. Five days of talks aimed at overhauling NAFTA begin Wednesday in Washington, with negotiations to follow...

  • TORONTO, Aug 15- Neo-Nazi website the Daily Stormer, which helped organize a gathering in Virginia on Saturday that turned violent, moved to the so-called Dark Web on Tuesday because its registration to use the open internet was revoked. Andrew Anglin, the founder of Daily Stormer, did not respond to requests for comment. A 32- year-old woman was killed and 19 other...

  • The letter, from the Rail Customer Coalition sent on Monday, is the latest challenge to CSX Chief Executive Hunter Harrison's effort to ramp up productivity at the Jacksonville, Florida- based railroad and fulfill investor expectations for substantially better financial performance. Senators John Thune of South Dakota and Bill Nelson from Florida, and...

  • WASHINGTON, Aug 15- U.S. retail sales recorded their biggest increase in seven months in July as consumers boosted purchases of motor vehicles and raised discretionary spending, suggesting the economy continued to gain momentum early in the third quarter. Tuesday's upbeat report from the Commerce Department likely keeps the Federal Reserve on course to...

  • U.S. Commerce Secretary Wilbur Ross (L) holds a news conference with Mexico's Secretary of Economy Ildefonso Guajardo Villarreal at the Department of Commerce in Washington, U.S. March 10, 2017.

    Negotiators from Canada, Mexico and the United States are aiming for an ambitious first round of NAFTA talks.

  • WASHINGTON, Aug 15- U.S. retail sales recorded their biggest increase in seven months in July as consumers boosted purchases of motor vehicles and lifted discretionary spending, suggesting the economy continued to gain momentum early in the third quarter. "American shoppers flocked to the malls and even department stores in July, suggesting consumers are...

  • TORONTO, Aug 15- Neo-Nazi website the Daily Stormer went offline on Tuesday, after its domain registration was revoked by GoDaddy and Google, which said the site that helped organize the violent weekend rally in Virginia had violated their terms of service. Users could not access the site from about 10 cities in North America, Europe and Asia.

  • *Canadian dollar at C $1.2758, or 78.38 U.S. cents. *Loonie touches its weakest since July 12 at C $1.2778. TORONTO, Aug 15- The Canadian dollar hit a one-month low against its U.S. counterpart on Tuesday, pressured North Korea tensions eased and data showed a jump in U.S. retail sales.

  • TORONTO, Aug 15- Neo-Nazi website the Daily Stormer appeared to be offline on Tuesday, after its domain registration was revoked by GoDaddy and Google, which both said the site that helped organize the violent weekend rally in Virginia had violated their terms of service. Users could not access the site from cities across North America and Asia.

  • WASHINGTON, Aug 15- U.S. retail sales recorded their biggest increase in seven months in July as consumers boosted purchases of motor vehicles and lifted discretionary spending, suggesting the economy continued to gain momentum early in the third quarter. "American shoppers flocked to the malls and even department stores in July, suggesting consumers are...

  • President Donald Trump speaks with Mexico's President Enrique Pena Nieto during their bilateral meeting at the G20 summit in Hamburg, Germany July 7, 2017.

    Tearing up NAFTA "makes no sense whatsoever," U.S. Hispanic Chamber of Commerce chief Javier Palomarez tells CNBC.

  • What's at stake in NAFTA talks...

    We need to level the playing field, says Javier Palomarez, Hispanic Chamber of Commerce, sharing his expectations on talks for the renegotiation of the North American Free Trade Agreement between Mexico, Canada and the United States.