Tag: NAFTA
Podcast: What lies ahead for Canada after Round 4 of NAFTA negotiations?
Ending NAFTA would hurt Alberta more than any other province, but it could hurt USA more When the Canada-US free trade agreement was negotiated almost 30 years ago, many Canadians worried that deepening our country’s economic relationship with the world’s largest economy might make us too vulnerable to the vagaries of American politics. With the […]
Consequences of Trump disruption becoming clearer as NAFTA talks set to begin
Canada exported $62.3 billion of oil/gas in 2016, just behind vehicles at $64.3 billion By Glen Hodgson, senior fellow, Conference Board of Canada Donald Trump’s election agenda promised to challenge the existing U.S. political and economic order – that’s what his populist political base voted for. But while Mr. Trump promised to make America great again, […]
Oil/gas one of key objectives for Canada ahead of NAFTA renegotiation
Renegotiating or tearing up NAFTA raising worries about Canadian economy with 75% of exports going to U.S. Canada should come to the renegotiation of the North American Free Trade Agreement (NAFTA) with five key objectives to update and enhance trade and investment across the continent, according to a new Conference Board of Canada report. “Canada faces […]
Trump, NAFTA, border tax – “Market intelligence” from North American Energy News
Market intelligence services: Webinars, regular updates, breaking news bulletins, rapid response to client questions about issues Businesses dislike uncertainty. With the election of Donald Trump, the Alberta oil and gas industry is facing significant uncertainty: changes to NAFTA and other trade rules, and the possible imposition of a “border adjustment tax.” North American Energy News Inc. offers […]
Canada will only respond to concrete Trump trade policies: Trudeau
Trump campaigned on tearing up NAFTA By Sarah Marsh and Nelson Acosta HAVANA (Reuters) – Canadian Prime Minister Justin Trudeau said on Wednesday Canada would respond to concrete policy proposals that U.S. President-elect Donald Trump puts forward regarding renegotiating their trade rather than to theoretical ones. Trudeau has come under fire from the Canadian opposition […]
TransCanada has ‘credible NAFTA case’ against Obama Administration for rejecting Keystone XL
Interesting issue is Obama Administration’s need to address perceptions of USA as committed to fighting climate change – Kronby When President Barack Obama rejected TransCanada Corp.’s Keystone XL pipeline proposal last year, he probably expected some sort of backlash from the company. On June 26 TransCanada filed a NAFTA application seeking $15 billion in expenses and damages. TransCanada […]
North American leaders pledge to up clean energy production to 50% by 2025
North American leaders vow to boost trade despite threats By Roberta Rampton and David Ljunggren OTTAWA, June 29 (Reuters) – Canada, the United States and Mexico on Wednesday mounted a fierce defense of free trade, vowing to deepen economic ties despite shifting political debate about the value of globalization. U.S. President Barack Obama and Mexican […]
TransCanada sues United States over Keystone XL rejection, seeks NAFTA damages
Obama rejected cross-border crude oil pipeline last November, 7 years after it was first proposed TORONTO (Reuters) – TransCanada Corp is formally requesting arbitration over U.S. President Barack Obama’s rejection of the Keystone XL pipeline, seeking $15 billion in damages, the company said in legal papers dated Friday. TransCanada submitted a notice for an arbitration claim […]
T. Boone Pickens’ wind power company loses NAFTA challenge
T. Boone Pickens’ company must pay arbitration costs, portion of legal fees OTTAWA _ Texas-based Mesa Power has lost its legal challenge under the North American Free Trade Agreement on how Ontario ran its renewable energy bidding process. The company filed the chapter 11 NAFTA claim in 2011, accusing the province of failing to conduct […]
Keystone XL lawsuit spotlights weak climate change connection to pipeline
Rejection of Keystone pipeline was never about climate change By Kenneth P. Green and Taylor Jackson for Troy Media CALGARY, Alta. – The Keystone XL saga has taken a new twist. On Jan. 6, TransCanada launched two lawsuits over U.S. President Barack Obama’s November rejection of the pipeline. One of the lawsuits will challenge the president’s constitutional […]
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