High-level talks to forge a 12-nation trade deal spanning the Pacific broke up Friday without resolving contentious disputes over Canadian dairy tariffs, the protection of cutting-edge drugs known as “biologics” and Japanese access to the North American automobile market.
Negotiators said they would continue to seek agreement over the coming months, but the failure to [...]
Funding for the installation of shore power facilities for container vessels at two Port Metro Vancouver container terminals has been announced by the Canadian government and Port Metro Vancouver officials.
Shore power reduces emissions by allowing vessels to draw power from the local electrical grid and thereby turn off their diesel engines while in port. [...]
One of Canada’s most protected industries — British Columbia timber — has been targeted by Japan in the massive Trans-Pacific Partnership trade talks, The Canadian Press has learned.
Japan is pushing Canada to eliminate or modify the controls it imposes on B.C. log exports — a practice that is heavily restricted by the federal and [...]
Germany’s K+S AG rejected a $8.7-billion (U.S.) bid from Potash Corp of Saskatchewan, saying the offer was too low and “completely disregards” the value of its large potash project in Saskatchewan.
Potash Corp., the world’s biggest fertilizer producer, is increasingly facing more competition in Canada and abroad. Acquiring K+S would give the Canadian company control [...]
G3 Global Holdings, a limited partnership between Bunge Canada and Saudi Agricultural and Livestock Investment Company (SALIC) Canada, announced on June 2 that it has formed a joint venture with Western Stevedoring Company Limited to examine the feasibility of building an export grain terminal at Lynnterm West Gate at Port Metro Vancouver, Canada.
Western Stevedoring [...]
An article titled ‘U.S. loses meat labeling case; trade war looms’ shows one of the many ways free trade agreements hurt consumers and farmers:
Consumer group Public Citizen pointed to a 2014 survey showing nine in 10 Americans supported the labeling rules.
Canada and Mexico are readying trade sanctions against the United States after [...]
DP World Limited has agreement to acquire Maher Terminal’s Fairview Container Terminal (Fairview) in Prince Rupert, British Columbia, Canada from Deutsche Bank.
Fairview is a purpose built terminal with a sea-rail link and has a current capacity of 850,000 TEU (twenty-foot equivalent container units), with a just-announced phase two expansion that will take capacity to [...]
From ILWU Canada’s web site:
A group of Port Metro Vancouver container truck drivers who were denied licenses to haul cargo in and out of port terminals won their case in Federal Court arguing that the selection process was unfair and their applications should be reconsidered.
Unless Port Metro Vancouver appeals the decision, it means [...]
Excerpts from The Northern View:
A company owned by the government of Dubai is set to purchase Fairview Terminal from Deutsche Bank for $580 million.
DP World Ltd. announced today its intention to purchase the operations, with the transaction and expected to be complete in the second half of this year.
The agreement is subject [...]
The Western Canadian province of Saskatchewan expects to post a slim budget surplus in the 2015-16 fiscal year, helped by changes in how it taxes potash mining companies, the government said on Wednesday.
The province is home to mines owned by Potash Corporation of Saskatchewan, Mosaic Co and Agrium Inc . Germany’s K+S AG and [...]
”What I am trying to do is raise awareness about all things Arctic. I’m trying to allow members to see and appreciate that the Arctic is not just about Alaska,” Murkowski said in an interview Tuesday.
From the Alaska Dispatch News:
Coming soon to the U.S. Capitol is a new group of lawmakers: the Senate [...]
Unifor says it has reached a tentative contract settlement with Canadian National Railway to avoid a lockout of 4,800 workers.
The Montreal-based railway had said it planned to lock out workers represented by Unifor unless the union agreed to binding arbitration to settle contract differences. However, Unifor president Jerry Dias had firmly rejected binding arbitration.
A strike at Canadian Pacific came to a sudden end Monday after rail workers, facing the prospect of back-to-work legislation, agreed to end the stoppage and send the labour dispute to arbitration.
A key issue was fatigue for rail workers, and the union is hoping arbitration can bring about a better system to manage the [...]
In an article titled ‘CP engineers on strike after talks fail,’ the Journal of Commerce reports:
A Teamsters union representing more than 3,000 Canadian Pacific Railway locomotive engineers and conductors walked off the job after failing to reach an agreement by the midnight deadline on Feb. 14.
Teamsters Canada Rail Conference (TCRC) members went on [...]