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Tag Archives: Canada

Trudeau: Priority right now is fighting the pandemic and saving lives

Canadian Throne Speech. Flag. People wearing masks. Throne.

BLOOMBERG, SEPTEMBER 23, 2020 In the short term, Canada will “do whatever it takes, using whatever fiscal fire-power is needed to support people and businesses during the pandemic,” By Kait Bolongaro for Bloomberg – Prime Minister Justin Trudeau says his government will launch a campaign to create 1 million jobs in Canada, returning employment to pre-pandemic levels. In a speech Wednesday …

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Let Us Fly or Bail Us Out, Airlines Say in Fight With Canada’s Trudeau

Stewardess. Facemask. Self checkin. Airport

BLOOMBERG, JULY 31, 2020 With airports deserted, Air Canada pushes to loosen rules | Opening to travel from Asia or Europe could embarrass U.S. By Sandrine Rastello for Bloomberg – Canadian airlines saw their hopes for an industry rescue plan dashed by Prime Minister Justin Trudeau. Now they’re trying to get his government to relax travel restrictions it imposed in the …

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Justin Trudeau might skip US-Canada-Mexico summit due to tariff and coronavirus

Prime Minister Justin Trudeau. Suit. Beard. Microphone

REUTERS, JULY 4, 2020 Canadian Prime Minister Justin Trudeau might be skipping the United States–Mexico–Canada Agreement (USMCA) summit in Washington DC next week. Comments made by Trudeau on Friday indicated he intended to stay in Canada due to the recent uptick in the coronavirus cases in the United States. He also cited US threats to re-impose a 10 percent tariff …

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Canadian Trade Plummets Amid Global Shutdowns: April Losses Set New Record

Containers being loaded onto truck at port.

BLOOMBERG, JUNE 4, 2020 By Shelly Hagan for Bloomberg – Canadian exports and imports plunged by the most ever in April amid a shutdown of global trade. Shipments of goods abroad plunged 30% during the month, more than offsetting a 25% drop in imports. The nation’s trade deficit widened to C$3.3 billion ($2.4 billion), from C$1.5 billion in March, Statistics Canada …

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INTERMODAL: Union gives strike notice after CN Rail lays off 1,600 employees

PortandTerminal.com, November 19, 2019 More than 3,000 CN workers on strike, shutting down Canada’s biggest rail network. Striking rail workers say work-life balance and safety issues are key concerns of the labour dispute MONTREAL, QUEBEC – More than 3,000 Canadian National Railway Co. train operators went on strike just past midnight on Tuesday morning, shutting down Canada’s largest rail network. …

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INTERMODAL: CN Rail slashes 1,600 jobs citing weak economy, trade tensions

PortandTerminal.com, November 17, 2019 MONTREAL, QUEBEC – Canada’s CN Rail has announced that it will be laying off up to 1,600 employees due to a weakening Canadian economy, declining cargo volumes and on-going trade tensions. In October, Canada’s largest railroad operator cut its adjusted earnings per share outlook percentage for 2019 to the high single digits, down from predictions of …

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Maritime Image of the Day: “Filling Cod Barrels”

PortandTerminal.com, November 5, 2019 Editor’s note: Today’s “Maritime Image of the Day” is deeply personal for me as it was taken at my family’s cod plant/wharf in the 1930s along Halifax’s harbour, not far from the Port of Halifax. The family wharf is long gone but its site is now home to The Maritime Museum of the Atlantic. This photo comes …

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Maritime Image of the Day

PortandTerminal.com, October 14, 2019 HALIFAX, NOVA SCOTIA – Today is Thanksgiving Day in Canada. In honor of our neighbors up north, today’s Maritime Image of the Day features two of Canada’s maritime icons; the Peggy’s Cove Lighthouse in Nova Scotia and the Bluenose II Schooner. The Bluenose I Bluenose I The original Bluenose‘s Captain Angus Walters and the builders who crafted …

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The $30 Billion Exodus: Foreign Oil Firms Bail on Canada

Oil refineries in Canada's oil sand patch in Alberta

PortandTerminal.com, August 26, 2019 August 26, 2019 – Capital keeps marching out of Canada’s oil industry, with Kinder Morgan Inc.’s sale of its remaining holdings in the country on Wednesday adding to more than $30 billion of foreign-company divestitures in the past three years. CALGARY, CANADA (Bloomberg)- Pembina Pipeline Corp., based in Calgary, is snapping up Kinder’s Canadian assets and …

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Slow down ‘eh! MSC ship fined for violating speed limit in Canada

PortandTerminal.com, August 13, 2019 MONTREAL, CANADA – Transport Canada has issued a CAD 12,000 (about USD 9,000) penalty to a containership operated by Swiss Mediterranean Shipping Company (MSC) and five other fines to vessels for non-compliance with the temporary mandatory slow down in the Gulf of St. Lawrence. Another right whale found dead in the Gulf of St. Lawrence. Eight …

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