Close X
Thursday, November 14, 2024
ADVT 
National

US Midterm Results Bring New Sources Of Trade Uncertainty For Canada

Darpan News Desk The Canadian Press, 07 Nov, 2018 12:43 PM
    OTTAWA — Canadians are inspecting the fresh U.S. political landscape following midterm election results that many believe have added fresh trade-related uncertainty. 
     
     
    Experts says the Democrats' majority victory Tuesday in the House of Representatives means the ratification of the recently struck United States-Mexico-Canada deal, known as USMCA, will likely have to wait well into 2019.
     
     
    Trade expert Lawrence Herman says he expects the pact to eventually gain approval — but he warns there's a risk the agreement-in-principle could crumble, especially if Democrats decide the deal's passage isn't politically advantageous for their party.
     
     
    Either way, Herman says Canadian businesses now face new unknowns as they try to make export and investment decisions.
     
     
    Canada will also scrutinize the midterm results for other cross-border impacts, including the fate of the Trump administration's painful tariffs on steel and aluminum imports from north of the border.
     
     
    Unifor president Jerry Dias, whose union represents auto workers, says now that the midterms are over Canadian MPs from all parties must apply more pressure to secure the removal of unjust tariffs he argues were imposed to score political points with the Republican base.

    MORE National ARTICLES

    DARPAN Awards 2018: An Extraordinary Night Celebrating South Asian Community

    DARPAN Awards 2018: An Extraordinary Night Celebrating South Asian Community
    DARPAN Magazine, hosted its 9th Annual Awards in the company of esteemed social, business and political elites. This spectacular red carpet event took place at Aria Convention Centre in Surrey on September 14.

    DARPAN Awards 2018: An Extraordinary Night Celebrating South Asian Community

    Fighting Sexual Harassment Helps Women Rise Through Ranks: PM Trudeau

    TORONTO — Prime Minister Justin Trudeau says movements such as Me Too play a role in changing a workplace culture that often keeps women from top-level positions.

    Fighting Sexual Harassment Helps Women Rise Through Ranks: PM Trudeau

    Jagmeet Singh Says He And NDP Must Do Better At Communicating With Canadians

    New Democrat Leader Jagmeet Singh acknowledged Tuesday he and his party must do better at reaching Canadians, an admission he made as the party launched a caucus retreat in British Columbia amid criticism from its loyalists.

    Jagmeet Singh Says He And NDP Must Do Better At Communicating With Canadians

    Jagmeet Singh's Leadership Under Microscope As NDP MPs Prepare To Meet In B.C.

    Singh, who took over the helm of the beleaguered New Democrats last October, is facing calls from party stalwarts to lay out his vision for the 2019 election bid.

    Jagmeet Singh's Leadership Under Microscope As NDP MPs Prepare To Meet In B.C.

    Sister-In-Law Of Just For Laughs Founder Rozon Accuses Him Of Sexual Misconduct

    Sister-In-Law Of Just For Laughs Founder Rozon Accuses Him Of Sexual Misconduct
    MONTREAL — The latest woman to accuse Just For Laughs founder Gilbert Rozon of sexual misconduct is his sister-in-law, who alleges in an interview the businessman pulled down her underwear and assaulted her in the mid-1990s.

    Sister-In-Law Of Just For Laughs Founder Rozon Accuses Him Of Sexual Misconduct

    Lucky, Lucky: Man In Winnipeg Wins Second Million-Dollar Lottery Prize

    Lucky, Lucky: Man In Winnipeg Wins Second Million-Dollar Lottery Prize
    WINNIPEG — A Winnipeg man has won a $2-million lottery prize — five months after he won $1.5 million.

    Lucky, Lucky: Man In Winnipeg Wins Second Million-Dollar Lottery Prize