Tag Archives: Canada

Canada, US reach deal to save NAFTA

NAFTA

MNA Business Desk: The United States and Canada reached a deal on Sunday to salvage NAFTA as a trilateral pact with Mexico, beating a midnight deadline with agreements to substantially boost American access to Canada’s dairy market and protect Canada from possible US auto tariffs, reported news agency. President Donald Trump had threatened to splinter the nearly 25-year-old North American Free Trade Agreement into a bilateral pact with Mexico and tax Canadian vehicle exports to the United States if Ottawa had failed to sign on before a midnight Sunday. But Trump has approved the “framework” deal with Canada, a source ...

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US, Canada making progress on NAFTA talks

address

MNA Business Desk: Canada’s Foreign Minister Chrystia Freeland on Wednesday said the US and Canada are making “good progress” on the revision of the continental free trade deal but talks will continue to resolve remaining issues. As the neighbors try to salvage the North American Free Trade Agreement as a three-country deal, Prime Minister Justin Trudeau warned he would stand firm on key issues as he questioned Donald Trump’s respect for trade rules, reports news agency. Amid the charged political atmosphere, dogged by Trump’s repeated threats to leave Canada out of the revised NAFTA, Freeland said she believes “a deal ...

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Saudi Arabia freezes new trade with Canada

new trade

MNA Business Desk: Saudi Arabia will suspend new trade and investment with Canada after that country’s foreign ministry urged Riyadh to release arrested civil rights activists, it said in a statement released to the official Saudi Press Agency on Sunday. It also gave the Canadian ambassador 24 hours to leave the country and recalled its own ambassador to Canada, the statement by the Saudi foreign ministry said, adding it retained “its rights to take further action.” The Saudi ministry had been briefed that the Canadian foreign ministry and the Canadian embassy urged the Saudi authorities to “immediately release” civil rights ...

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Van plows into Toronto crowd, killing 10

Toronto

MNA International Desk: At least 10 people have died after a man plowed a white rental van into a crowd of pedestrians in Canada’s biggest city Toronto on Monday, in what police dubbed a “deliberate” attack. The incident took place in broad daylight around 16 kilometers (10 miles) from a conference center hosting a meeting of G7 ministers, but officials said they had no evidence of a link to the event. “The actions definitely looked deliberate,” Toronto Police Chief Mark Saunders told journalists. Police arrested a suspect at the scene—who police identified later as 25-year-old Alex Minassian from a northern ...

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Canada should take in Rohingya refugees

MNA Exclusive Desk: Canada should take in Rohingya refugees and press other nations to do the same, Prime Minister Justin Trudeau’s special envoy to Myanmar said. Special envoy Bob Rae – on the heels of his fact-finding mission to Bangladesh and Myanmar – also urged Ottawa to increase humanitarian aid for the Rohingya, to continue to target human rights abusers with sanctions and to gather and protect evidence for possible future trials. “Canada should signal a willingness to welcome refugees from the Rohingya community in both Bangladesh and Myanmar and should encourage a discussion among like-minded countries to do the ...

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US, Mexico, Canada to talk on NAFTA

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MNA International Desk: President Donald Trump will have the chance to turn a key campaign promise into reality with this week’s start of official talk to renegotiate the North American Free Trade Agreement (NAFTA). After threatening during the campaign to rip up the agreement, Trump has softened his stance a bit and spoken more recently of renegotiating the agreement as the most efficient course for the US, Canada and Mexico. But talks to redo the controversial 1994 agreement, which eliminated trade barriers among the three countries, are expected to be thorny. The first round takes place from Wednesday to Sunday ...

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Bangladesh to unlock potentials in trade with Canada: FM

potentials

MNA Business Desk:  Foreign Minister Abul Hassan Mahmood Ali has put importance on unlocking potentials in trade and investment between Bangladesh and Canada and sought more Canadian investment for economic growth. “I urge our Canadian friends for more Canadian investment in Bangladesh and hope that CanCham will also play an enabling role in this regard,” he said in his dinner speech at Hotel Le Meriden. Canada-Bangladesh Chamber of Commerce and Industry (CanCham) hosted the dinner to celebrate the 150th years of Canada Confederation. The foreign minister said Canadian entrepreneurs may contribute to the economic growth of both the countries by ...

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2026 Football World Cup: US, Mexico, Canada to make joint bid today

teams

MNA Sports Desk: The United States, Mexico and Canada are going to announce a joint bid for the 2026 World Cup on Monday. The Confederation of North and Central America and Caribbean Association Football is moving ahead with the bid that was widely expected before Donald Trump was elected president. There has been concern the plan was unworkable under Trump’s anti-immigrant policies, but even if he serves a second term Trump would not be president in 2026. The confederation made the final decision to go ahead with the bid at its meeting Saturday in Aruba, the person said, speaking on ...

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