New US meat labeling rules upsets Canada

OTTAWA - Canada has threatened "retaliatory measures" against the United States move changing the so-called country of origin labeling that would track beef and hogs through the meat processing and distribution systems, stating that it is discriminatory, a view shared by the World Trade Organisation. On Thursday, the United States Department of Agriculture issued a final modification to its ...

Canadian Businessman on Trial in Cuban Corruption Crackdown

The trial of a Canadian businessman who confessed to bribing Cuban officials has begun in Havana, almost two years after his arrest in a government crackdown on corruption. The closed trial of Sarkis Yacoubian, originally from Armenia and the owner of import firm Tri-Star Caribbean, is expected to last two days. Lebanese citizen Krikor Bayassalian is a co-defendant. Foreign journalists ...

`Ageing Asia to strain worlds long-term economic growth

The Asia-Pacific region will continue to power global economic growth in 2013, but the region's increasing ageing population will cast a shadow on the long-term development, according to a Canadian think-tank. "Productivity gains and a large, young working-age population have done much to boost Asian economic growth over the past three decades. But Asia's demographic dividend is quickly coming ...

Mark Carney’s tribute to Canada

Canadians are not in the habit of thinking of their country as similar to the euro zone group of countries, but Mark Carney, in his speech to the Board of Trade of Metropolitan Montreal on Tuesday, presented Canada's monetary union, with "internal real exchange rates," as a much more successful version of the same phenomenon as the euro zone. Canada's different regions do ...

SNC-Lavalin sought Ottawas help to give Gadhafi’s son vice-president’s job

Canada's flagship engineering company hoped to persuade Ottawa officials to let a Libyan dicator's son come to Canada as a temporary foreign worker, newly unsealed court documents show.In 2008, Saadi Gadhafi, the 40-year-old son of Moammar Gadhafi, was being touted as a potential "Vice-President Maghreb" for SNC-Lavalin, with the multinational's executives stating that ...