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Canada

Software-testing firm pushing corporate Canada to do better

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Keith McIntosh can pinpoint a defining moment when he resolved to use his position and experience in information technology (IT) to help effect change for Indigenous peoples living in Canada. Selected to participate in the 2015 Governor General’s Canadian Leadership Conference, McIntosh was among 250 leaders from various backgrounds and industries to spend 10 days travelling the country learning about ... Read More »

GPS mishap leads driver with 4.4 kilograms of meth in car to U.S. border

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An errant GPS led a driver travelling from Montreal to Calgary with more than four kilograms of meth in his car across the Canadian border and into the United States. The U.S. Customs and Border Protection Agency says Constantine Xethalis of Montreal was arrested after 4.4 kilograms of methamphetamine tablets were found inside his vehicle. Custom officials say he attempted ... Read More »

Woodstock couple who smuggled guns across border each get 3 years in prison

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A Woodstock-area man and woman accused of smuggling guns across the border from Maine and other offences were each sentenced Thursday to three years in prison after pleading guilty. David Allen Polchies, 57, and Sharon Ann Weeks, 48, were charged with importing restricted firearms into Canada, possession for weapons trafficking, and offences under the Customs Act, including smuggling and making ... Read More »

RSA Canada boss reacts to financial results

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In what has been a very challenging year for the Canadian insurance industry, RSA Canada has managed to keep its head above water. The Canadian unit of the London-headquartered group recently reported making a profit of approximately $148.3 million in 2018 and achieving an annual combined ratio of 97.6% – both difficult feats amid the challenges Canadian insurers face around ... Read More »

China blocks canola shipments from Canada’s Richardson: customs document

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BEIJING/KABUL : China has canceled major Canadian agribusiness Richardson International Ltd’s registration to ship canola to China, according to a document listing approved exporters posted on the website of the Chinese customs administration on March 1. It wasn’t immediately clear why Richardson’s exports into China, the world’s top importer of canola, had been halted. Officials at China’s General Administration of ... Read More »

Cannabis confiscation at Canadian border increased in weeks after legalization

The Ambassador Bridge, which connects Windsor, Canada, and Detroit. In October, recreational marijuana will become legal in Canada, presenting a challenge for U.S. officials at the border, where possession of the drug violates federal law. MUST CREDIT: Photo by Brittany Greeson for The Washington Post.

The number of cannabis confiscations at the Canadian border increased more than 60 per cent year-over-year in the first six weeks after pot legalization, new statistics show. The Canada Border Services Agency is linking the rise to the fact it began asking people last fall whether they were bringing cannabis into the country. The border agency says there were 329 ... Read More »

Canada’s economy shrank by 0.1%

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Canada’s economy shrank by 0.1 per cent in December and got smaller in three of the previous four months. Statistics Canada reported Friday that the service sector eked out a 0.2 per cent expansion in December, but that was offset by a 0.7 per cent decline in goods-producing industries. Manufacturing shrank by 0.7 per cent, its fourth contraction in five ... Read More »

Việt Nam gains trade surplus of $250m with Canada

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HÀ NỘI : Việt Nam gained a trade surplus of more than US$250 million with Canada in January. According to the General Department of Customs, in the first month of this year, trade value between Việt Nam and Canada reached $379 million, of which export value hit $317 million and import value of $62.6 million. These figures rose 33.8 per ... Read More »

Customs broker Livingston acquired by Platinum Equity

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Livingstone International, Canada’s largest customs broker, will be acquired by the U.S. private equity firm Platinum Equity for an undisclosed sum. “Livingston has a unique business model and offers a compelling value proposition in the transportation and logistics sector,” Platinum Equity Principal Jason Price said in a news release. “We believe it can benefit from our financial resources and operational ... Read More »

Customs seize $55m of meth hidden in golf carts

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Two men are scheduled to appear in court today after allegedly attempting to smuggle 110kg of methamphetamine and two handguns into New Zealand inside golf cart batteries. The large quantity of “ice-like” methamphetamine has a street value of about $55 million NZD and stopped an estimated $136.3 million of social harm to the country according to the NZ Drug Harm ... Read More »

Canada’s Saputo to buy Dairy Crest in near-£1bn deal

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The British owners of Cathedral City cheddar and Clover margarine have agreed a near-£1bn takeover from the Canadian dairy company Saputo. On Friday Dairy Crest recommended shareholders accept an offer from Saputo that values the FTSE 250 company at £975m. In a statement to the stock market, Saputo said there would be a “limited rationalisation of employee roles” at Dairy ... Read More »

U.S.-based Devon Energy to sell oilsands assets and leave Canada

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Devon Energy has hired advisers to help sell off the company’s oilsands assets as the firm plans to leave Canada by the end of the year. The Oklahoma City-based company has three oilsands facilities and some heavy oil operations in the Lloydminster area. Its Canadian operations produced about 131,000 barrels of oil equivalent per day, which represents about 24 per ... Read More »

Ryan Named One of 2019’s Best Workplaces for Inclusion in Canada

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TORONTO–(BUSINESS WIRE)–For the second consecutive year, Ryan, a leading global tax services and software provider, with offices in Toronto, Montreal, Calgary, and London, Ontario, announced the Firm has been named one of the Best Workplaces™ for Inclusion in Canada by Great Place to Work®. Ryan earned this distinction by implementing a variety of initiatives that increase employee engagement and improve ... Read More »

Canada’s main stock index reaches highest level since Oct. 5

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Canada’s main stock index posted a triple-digit gain Friday after oil hit a three-month high to extend the market’s winning streak to six weeks. The S&P/TSX composite index closed up 142.26 points to 15,838.24, after hitting a peak during the day of 15,866.60. That’s the highest level since Oct. 5. The Toronto market is just 4.4 per cent off the ... Read More »

Tentative deal in place for wharf extension in Fortune

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FORTUNE, N.L.—It would appear that steps are in place in Fortune for the extension of the existing wharf near the Canada Border Services building to allow for the loading and off-loading of vehicles to and from the ferry. In a letter sent to Fortune town council by Earl Rose, president of the Fort Port Corporation, he explained that a tentative ... Read More »

Tolls to be reduced for commuters at Ambassador Bridge

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Canada : It will soon cost less for commuters to cross the Ambassador Bridge. On Feb. 18, 2019, the Ambassador Bridge is reducing commuter tolls from US$4.60 and US$4.00 to US$2.60 every day, anytime, in either direction. Current commuter card holders will be automatically enrolled in the Ambassador Bridge Premier Commuter Card Program. Officials say the commuters have endured the ... Read More »

Economic pessimism climbing: CPA Canada Business Monitor

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TORONTO, Jan. 30, 2019 /CNW/ – Pessimism about the national economy over the next 12 months is growing among Canadian business leaders, according to a survey by Chartered Professional Accountants of Canada (CPA Canada). Pessimism soared to 35 per cent among the professional accountants in leadership positions surveyed for the CPA Canada Business Monitor in the fourth quarter of 2018. ... Read More »

Halterm expansion seen as best option to boost port’s market share

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The Port of Halifax continues to bet on an expanded Halterm container terminal in the city’s south end to stay competitive in the world shipping industry. On Thursday, port managers released the results of studies that back up the long-held position. The port says it needs a berth capable of simultaneously handling two of the new super-sized, ultra-class container ships. ... Read More »

CHAMP, Icelandair participate in digitalization of U.S.-Canada customs

A Canada Border Service Agency officer is seen in Fort Erie, Ontario, Canada July 5, 2017. Picture taken July 5, 2017.  REUTERS/Chris Helgren

The U.S.-based IT firm CHAMP Cargosystems, which has been gaining traction in the digital freight-booking realm, is participating in a government initiative between the United States and Canada to improve trade flow at the border of the two countries. The IT company and Icelandair Cargo teamed up for Transport Canada’s Pre-Load Air Cargo Targeting Pilot to transport […] Read More »

More Indians Migrating to Canada Due to ‘Push Factors,’ Says Canadian Report

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CHANDIGARH — While the Indian government is seeking to project the country as a rising economic and political power, a report by a Canadian government agency has painted a dim picture of India and said that various socio-economic and even environmental factors are pushing more and more of its citizens to opt for immigration and seek refugee status in Canada. ... Read More »