July 19, 1997 |
The nation's foreign trade deficit widened in May as Americans, continuing their spending spree during good economic times at home, stepped up their import buying, the government reported Friday. Commerce Department figures showed that, partly because of increased purchases of imported oil and automobiles, the trade deficit soared to $10.2 billion in May--the largest such imbalance in four months. The U.S.
May 28, 1997 |
A Canadian government agency has ruled that concrete panels manufactured by Custom Building Products Co. have been dumped on the Canadian market. The agency, Revenue Canada, said the Custom Building panels, which are reinforced with fiberglass mesh and used as a backing board for ceramic tile installation, were sold in Canada at an average of 35% below "fairly traded prices." The investigation was prompted by a complaint from Bed-Roc Industries Co. of Surrey, B.C.
February 12, 1997 |
If Canada really wants a trade war with the United States over entertainment and cultural issues, as a top government official has hinted, the U.S. has far more weapons at its disposal than the Canadians, trade analysts and interested parties on both sides of the border said Tuesday.
February 11, 1997 |
Canada's deputy prime minister, wrapping up a highly publicized summit with this nation's leading entertainment industry executives, Monday hinted at a trade war aimed at Hollywood and what she has called "American cultural imperialism." Sheila Copps, the second-highest-ranking member of Prime Minister Jean Chretien's government, suggested that Canada might contest U.S. restrictions on foreign ownership of U.S.
January 8, 1997 |
Ten years ago, Steve Bernard and his wife began a small business making kettle-fried chips in a shop in Cape Cod, Mass. Today they're looking far from home for big sales growth--to markets in Europe, South America and Canada. "We're growing 100% every year," Bernard said. "The area where the U.S. has a little edge is in snack food." While U.S. agricultural exports are projected to drop overall this year, snack-food exports boomed 30% the first six months of 1996, according to the U.S.
March 28, 1996 |
Wheat from California and three other states was barred Wednesday from Canada as agriculture officials in several countries scrambled to contain the spread of a potentially devastating fungus that has turned up in the United States for the first time. The fungus--called Karnal bunt and already identified in Arizona, New Mexico and Texas--now may have spread via grain truck or train to California, where the disease threatens durum growers in the Imperial Valley.
February 17, 1996 |
Canada agreed Friday to reduce exports of softwood lumber to the United States, ending a 14-year dispute in which U.S. officials argued that Canadian lumber producers unfairly damaged their American counterparts by flooding the U.S. market with government-subsidized wood. The settlement, which has not been released in detail, requires Canada to pay escalating tariffs if it exceeds quotas on the amount of lumber shipped to the United States. U.S.
October 24, 1995 |
If Quebec's voters decide in a referendum election Oct. 30 to launch their province toward independence from Canada, would they also be taking the fast track to bankruptcy? And would they drag the rest of Canada down with them? Montreal clothing manufacturer Alvin C. Segal considered these questions the other day as he contemplated the latest poll showing the election in a dead heat. "I'm feeling very uncomfortable," he said. "I have my life invested here."