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MercoPress, en Español

Montevideo, April 1st 2025 - 23:27 UTC

Tag: Canada

  • Wednesday, June 20th 2018 - 06:50 UTC

    Canadian parliament approves recreational marihuana

    Legal sales are likely to begin before the end of the boreal summer after the Senate voted 52-29 on Tuesday night to approve the bill

    Recreational marijuana may soon be legal in Canada, after both the House of Commons and the Senate approved the Cannabis Act. Legal sales are likely to begin before the end of the boreal summer after the Senate voted 52-29 on Tuesday night to approve the bill, CBC reported.

  • Thursday, June 14th 2018 - 21:49 UTC

    Morgan Stanley and Royal Bank of Canada fined in Brazil for rigging foreign exchange rates

    Brazilian antitrust watchdog accused the banks of colluding to influence bid and ask spreads on OTC transactions involving the Brazilian real

    Brazil’s competition authority Cade has reached a settlement with Morgan Stanley and Royal Bank of Canada, fining them a combined 42.9 million reals (US$11.6 million) for forming a cartel manipulate FX markets.

  • Tuesday, June 12th 2018 - 08:40 UTC

    G6 + 1 summit: PM May sides with Trudeau and pays tribute to his leadership

    “I want to pay a particular tribute to Prime Minister Trudeau for his leadership and skilful chairing,” underlined PM May

    Prime Minister Theresa May has paid tribute to Canadian PM Justin Trudeau's leadership after a G7 summit which she described as “difficult”. President Donald Trump attacked America's closest allies in tweets after leaving the meeting in Canada. He said Mr Trudeau was “very dishonest and weak” and “acts hurt when called out”.

  • Monday, June 11th 2018 - 09:03 UTC

    Trump rejects G7 communiqué and fires that “Fair trade is now to be called fool trade”

    Mr Trump said that the US gets “unfairly clobbered” on trade despite “protecting Europe at great financial loss”. He warned “Change is coming!”.

    US President Donald Trump has fired off a string of angry tweets criticising America's closest allies hours after leaving a divisive G7 summit in Canada. Mr Trump said the US paid “close to the entire cost of Nato” to help protect countries that “rip us off on trade”.

  • Monday, June 11th 2018 - 08:20 UTC

    Mexico's future closely linked to oil development no matter who's the next president

    Energy Minister Joaquin Coldwell said that two further auctions planned before the handover would go ahead, as would tenders for seven joint ventures

    Mexican oil output could return to 2 million barrels per day by about 2022 if the next government pursues plans to auction off development blocs to private investors, Energy Minister Pedro Joaquin Coldwell announced. Mexico will elect a new president on July 1 but the front-runner in opinion polls, leftist Andres Manuel Lopez Obrador, has threatened to delay opening up the energy sector to private investment.

  • Tuesday, April 24th 2018 - 07:33 UTC

    Toronto: Driver of rental van runs down pedestrians killing ten and injuring 16

    Alek Minassian, 25, was arrested by Toronto police at 1:52 p.m. — 26 minutes after the first 911 call came in alerting police to the horror unfolding

    The driver of a white rental van who is alleged to have “deliberately” run down pedestrians along a northern stretch of Yonge St. in the Canadian city of Toronto on Monday, killing 10 and injuring 16, has been identified as a 25-year-old man from Richmond Hill, a small town close to the metropolis.

  • Friday, April 20th 2018 - 09:19 UTC

    WTO backing for Brazil in the aircraft manufacturing subsidies dispute with Canada

    The case plays into a decades-long dispute between Bombardier and its main rival, Brazil’s Embraer SA

    Brazil has secured World Trade Organization backing to press its claims against Canada in a dispute over what it says are unfair subsidies for Bombardier Inc.’s CSeries jets, a preliminary WTO ruling published this week showed.

  • Wednesday, April 18th 2018 - 08:51 UTC

    NAFTA round of negotiations expected to resume this week

    Guajardo said that if the US imposed steel tariffs, Mexico might seek to mirror the move against some countries to prevent them from using Mexico to elude the duties.

    The ministers leading the renegotiation of the North American Free Trade Agreement (NAFTA) could meet again on Thursday in Washington as they push for quick progress, Mexican Economy Minister Ildefonso Guajardo advanced. Guajardo said he had spoken to Canadian Foreign Minister Chrystia Freeland on Monday and would talk to U.S. Trade Representative Robert Lighthizer to see about agreeing a trilateral meeting in Washington on Thursday.

  • Monday, April 9th 2018 - 09:21 UTC

    Facebook suspends Canadian company allegedly linked to UK Leave campaign

    AIQ denies ever being part of CA, its parent company SCL or accessing improperly obtained Facebook data.

    Facebook has suspended a Canadian data firm that played a key role in the campaign for the UK to leave the EU. The social media giant said AggregateIQ (AIQ) may have improperly received users' data. It cites reported links with the parent company of Cambridge Analytica (CA), the consultancy accused of improperly accessing the data of millions.

  • Wednesday, March 21st 2018 - 10:03 UTC

    Financial leaders reject protectionism, but prepare for a trade war

    U.S. President Donald Trump is expected to unveil tariffs on up to US$ 60 billion in Chinese technology and telecoms products by Friday

    The world’s financial leaders rejected protectionism on Tuesday and urged “further dialogue” on trade, but failed to diffuse the threat of a trade war days before U.S. metals tariffs take effect and Washington is to announce measures against China. Finance ministers and central bankers of the world’s 20 biggest economies, which represent 75% of world trade and 85% of global gross domestic product, discussed trade disruptions as a risk to growth at a two-day meeting.