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☆ UK-Canada trade deal: UK pulls out of post-Brexit negotiations
▼ + stars: | 2024-01-26 | by ( Anna Cooban | ) edition.cnn.com time to read: +3 min

London CNN —Britain is finding out just how hard it can be to negotiate free trade deals, even with close allies and friends. Goods and services have continued flowing between the two countries under the terms of the EU-Canada free trade deal. But Britain had sought to negotiate a new trade deal with Canada that would improve upon the terms of the existing agreement. A key sticking point in the negotiations has been Britain’s refusal to relax a ban on hormone-treated beef, which at the moment effectively bars Canadian farmers from selling to British consumers. We remain open to restarting talks with Canada in the future,” a UK government spokesperson said in a statement.

Persons: King Charles, Britain, ”, Mary Ng, “, David Henig, we’ll Organizations: London CNN, European Union, NATO, —, Britain, EU . Goods, EU, Canada, Centre for International Political, CNN, Reuters, National Farmers ’ Union, BBC, “ Locations: Canada, United Kingdom, Britain, Brussels, “, England, Wales, “ Canada

☆ Canadian trade minister urges remaining EU countries to ratify landmark free trade deal
▼ + stars: | 2023-11-29 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCanadian trade minister urges remaining EU countries to ratify landmark free trade dealCanadian Minister for International Trade Mary Ng sets out the case for remaining EU countries to ratify the Comprehensive Economic and Trade Agreement signed between Brussels and Ottawa.

Persons: International Trade Mary Ng Organizations: International Trade, Trade Locations: Brussels, Ottawa

☆ Canada's Indo-Pacific strategy is a priority, says Canadian trade minister
▼ + stars: | 2023-10-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCanada's Indo-Pacific strategy is a priority, says Canadian trade ministerMary Ng, Canada's minister of export promotion, international trade and economic development, says Canada has made a commitment to diversify its trade, and the Indo-Pacific plays an important role.

Persons: Mary Ng Locations: Canada

☆ Canada says it has completed talks on bilateral investment deal with Taiwan
▼ + stars: | 2023-10-24 | by ( ) www.reuters.com time to read: +1 min

Canada's International Trade Minister Mary Ng speaks during Question Period in the House of Commons on Parliament Hill in Ottawa, Ontario, Canada November 29, 2021. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Oct 24 (Reuters) - Canada and Taiwan have completed talks on a bilateral deal to boost foreign investment and will work to make sure it comes into effect promptly, Canadian Trade Minister Mary Ng said in a statement on Tuesday. The Foreign Investment Promotion and Protection Arrangement is part of Canada's plan to increase trade and influence in the fast-growing Indo-Pacific region. Trade between Canada and Taiwan totaled C$10.2 billion in 2021, up from C$7.4 billion in 2020, according to official Canadian figures. China, which views self-governing Taiwan as its own territory, has sour relations with Canada.

Persons: Mary Ng, Blair Gable, David Ljunggren, Chizu Organizations: Canada's International Trade, REUTERS, Rights OTTAWA, Canadian Trade, Foreign Investment, Thomson Locations: Ottawa , Ontario, Canada, Taiwan, Trade, China, Ottawa

☆ India-Canada ties fray in dispute over Sikh separatist killing
▼ + stars: | 2023-10-03 | by ( ) www.reuters.com time to read: +3 min

Hardeep Singh Nijjar was shot dead by unidentified gunmen outside a Sikh temple on June 18 in a Vancouver suburb. * Indian Prime Minister Narendra Modi conveyed strong concerns about Sikh separatist protests in Canada to Prime Minister Justin Trudeau on the sidelines of a G20 summit in New Delhi on Sept. 10. * Canada postponed a trade mission to India planned for October led by Trade Minister Mary Ng, a spokesperson for the minister said on Sept. 15. * India suspended issuing new visas for Canadians on Sept. 22 and asked Ottawa to reduce its diplomatic presence in India. * India's steel secretary told reporters on Sept. 28 that Indian exports to Canada were marginal and have not been affected by the diplomatic row.

Persons: Nanak, Hardeep Singh Nijjar, Chris Helgren, Justin Trudeau, Narendra Modi, Mary Ng, Trudeau, Nijjar, Shivam Patel, YP Rajesh, Simon Cameron, Moore Organizations: REUTERS, Financial Times, Canadian, Trade, Reuters, JSW Steel, Teck Resources, YP, Thomson Locations: Surrey, British Columbia, Canada, DELHI, India, Vancouver suburb, New Delhi, Canadian, U.S, Australia, Britain, Teck, Ottawa

The Sikh religion was founded in Punjab in the late 15th century and currently has about 25 million followers worldwide. Sikh separatists demand that their homeland Khalistan, meaning "the land of the pure", be created out of Punjab. The Khalistan movement is considered a security threat by the Indian government. In April this year, India arrested a self-styled preacher and Sikh separatist Amritpal Singh for allegedly reviving calls for Khalistan, sparking fears of new violence in Punjab. Canadian Trade Minister Mary Ng is postponing a planned trade mission to India.

Persons: Nanak, Hardeep Singh Nijjar, Chris Helgren, Justin Trudeau, Indira Gandhi, Sant Jarnail Singh Bhindranwale, Gandhi, Amritpal Singh, Narendra Modi, Trudeau, Mary Ng, Rupam Jain, Shivam Patel, YP Rajesh, Mark Heinrich Our Organizations: REUTERS, Canadian, Air, Air India Boeing, Indian, India . Canadian Trade, YP, Thomson Locations: Surrey, British Columbia, Canada, DELHI, India, Punjab, New Delhi, Air India, Britain, Australia, U.S

[1/3] A sign outside the Guru Nanak Sikh Gurdwara temple is seen after the killing on its grounds in June 2023 of Sikh leader Hardeep Singh Nijjar, in Surrey, British Columbia, Canada September 18, 2023. Here are some recent examples of uneasy ties between the two countries:Sept 2023: Canadian Trade Minister Mary Ng postponed a trade mission to India planned for October. Sept 2023: Indian Prime Minister Narendra Modi conveyed strong concerns about protests in Canada against India to Trudeau on the sidelines of the G20 summit in New Delhi. Indira Gandhi was assassinated in 1984 by two Sikh bodyguards after she allowed the storming of the holiest Sikh temple, aimed at flushing out Sikh separatists who demanded an independent homeland to be known as Khalistan. March 2023: India summoned Canada's High Commissioner to convey concern over pro-Khalistan protesters in Canada who breached the security of India's diplomatic mission and consulates.

Persons: Nanak, Hardeep Singh Nijjar, Chris Helgren, Justin Trudeau, Mary Ng, Narendra Modi, Trudeau, Indira Gandhi, Canada's, Kanishka Singh, Sandra Maler Organizations: REUTERS, Canadian, Canadian Trade, Indian, Sikh, Air, Air India Boeing, Thomson Locations: Surrey, British Columbia, Canada, Ottawa, New Delhi, Punjab, India, Air India, Washington

☆ Canada trade minister is postponing a planned trade mission to India
▼ + stars: | 2023-09-15 | by ( Steve Scherer | ) www.reuters.com time to read: +1 min

Canada's Minister of International Trade, Export Promotion, Small Business and Economic Development Mary Ng speaks at a Lunar New Year celebration in Ottawa, Ontario, Canada January 31, 2023. REUTERS/Blair Gable/File Photo Acquire Licensing RightsOTTAWA, Sept 15 (Reuters) - Canadian Trade Minister Mary Ng is postponing a trade mission to India planned for October, an official said on Friday, reflecting increasingly tense diplomatic relations just days after India's prime minister scolded his Canadian counterpart at a G20 summit in New Delhi. "At this time, we are postponing the upcoming trade mission to India," said Shanti Cosentino, a spokesperson for the minister, without giving a reason. Indian Prime Minister Narendra Modi, who held formal bilateral meetings with many world leaders during the G20 summit, snubbed Canadian Prime Minister Justin Trudeau, allowing only a short, informal meeting on the sidelines five days ago. Earlier on Friday, India said it had paused trade talks with Canada.

Persons: Mary Ng, Blair Gable, Shanti Cosentino, Narendra Modi, Justin Trudeau, Steve Scherer, Chris Reese, Matthew Lewis Organizations: of International Trade, Export, Small, Economic, REUTERS, Rights, Canadian Trade, Canadian, Thomson Locations: Ottawa , Ontario, Canada, India, New Delhi, Punjab, Ottawa

Mexico President Andres Manuel Lopez Obrador's steps to roll back reforms aimed at opening Mexico's power and oil markets to foreign competitors ultimately sparked the trade dispute. The steps add to a significant worsening of trade relations between Washington and Mexico City, even as their economic integration grows. Like the energy policies, Washington argues that banning GMO corn for human and animal consumption violates Mexico's obligations under the trade pact. The White House has hoped to avoid escalating energy trade tensions with Mexico as it sought help on immigration and drug trafficking, but talks that began last year have made little progress. In 2022, Mexico had a $130.5 billion goods trade surplus with the United States.

Persons: Katherine Tai, Tatiana Clouthier, Trade Mary Ng, Joe Biden's, Andres Manuel Lopez Obrador's, USTR, Obrador, Biden, Donald Trump, Jarrett Renshaw, David Lawder, Stephen Eisenhammer, Tomasz Janowski Organizations: Trade, Small Business, Export, Washington, United States Trade Representative, United, Chevron, Marathon Petroleum, Comision Federal, Mexico, Ministry, U.S, North American Free Trade, Thomson Locations: Mexican, United States, Mexico, Canada, Mexico City, U.S, United States Mexico Canada, USMCA, Washington, China, Washington's

☆ In surprise move, Canada pauses talks on trade treaty with India
▼ + stars: | 2023-09-01 | by ( ) www.reuters.com time to read: +1 min

REUTERS/Chris Helgren/File Photo Acquire Licensing RightsOTTAWA, Sept 1 (Reuters) - Canada on Friday unexpectedly said it had paused talks on a proposed trade treaty with India, just three months after the two nations said they aimed to seal an initial agreement this year. Canada and India have been talking off and on since 2010 about a comprehensive economic partnership agreement. India and Canada said in May they aimed to seal an initial agreement this year to increase trade and expand investment while setting out a mechanism to deal with disputes. Last month, a top Indian trade official said New Delhi planned to hold bilateral free trade talks with Canada and other nations on the sidelines of a G20 summit next week. Neither Trudeau's office or the office of Trade Minister Mary Ng were immediately available for comment.

Persons: Justin Trudeau, Chris Helgren, we've, Sanjay Kumar Verma, Trudeau, Mary Ng, David Ljunggren, Jonathan Oatis, Andy Sullivan Organizations: Canada's, Seventh Assembly of, Global Environment, REUTERS, Rights, Canadian Press, Ottawa, Trade, Thomson Locations: Vancouver , British Columbia, Canada, India, New Delhi, Delhi

☆ Canada to challenge extension of US softwood lumber duties
▼ + stars: | 2023-08-22 | by ( ) www.reuters.com time to read: +2 min

Finished lumber is seen at West Fraser Pacific Inland Resources sawmill in Smithers, British Columbia, Canada February 4, 2020. REUTERS/Jesse Winter/File Photo Acquire Licensing RightsOTTAWA, Aug 22 (Reuters) - Canada will challenge what Ottawa described as an "unfair, unjust and illegal" extension of U.S. import duties on Canadian softwood lumber products, the trade ministry said on Tuesday. The softwood lumber tariffs are the legacy of a decades-long trade dispute over the structure of Canada's timber sector that could not be resolved when a quota agreement expired in 2015. "For years, the United States has imposed unfair, unjust and illegal duties on Canadian softwood lumber, hurting Canadian industry and increasing housing costs in both countries," Trade Minister Mary Ng said in the statement. "We are prepared to discuss another softwood lumber agreement when Canada is ready to address the underlying issues related to subsidization and fair competition so that Canadian lumber imports do not injure the U.S. industry," a USTR spokesperson said in an emailed statement.

Persons: Jesse Winter, Mary Ng, Ismail Shakil, Susan Heavey, Devika Syamnath, Andy Sullivan Organizations: West Fraser Pacific Inland Resources, REUTERS, Rights OTTAWA, Ottawa, U.S . Commerce Department, Canada, Washington, Trade, United, U.S . Trade, Thomson Locations: West, Smithers , British Columbia, Canada, U.S, Mexico, United States, Ottawa, Bengaluru

☆ Divisive China, Taiwan bids to join Pacific trade pact in focus at meet
▼ + stars: | 2023-07-14 | by ( Lucy Craymer | ) www.reuters.com time to read: +4 min

Britain will become the 12th member to join the pact that cuts trade barriers, as it looks to deepen ties in the Pacific. In support of its application, Britain has said that CPTPP countries will have a combined GDP of 11 trillion pounds ($13.6 trillion) once Britain joins, or 15% of global GDP. "There’s a large gap between the high standards and binding commitments that are demanded of CPTPP members, and where China is currently at," he added. The other countries' applications also provide opportunities. "After modernising the Canada-Ukraine FTA this year, Canada knows that Ukraine is capable of meeting the high standards of the CPTPP," she said.

Persons: Charles Finny, CPTPP, Chris Hipkins, Shu Jueting, Penny Wong, Aidan Arasasingham, Joanne Ou, Roy Lee, Mary Ng, Lucy Craymer, Ben Blanchard, Joe Cash, Praveen Menon, Muralikumar Organizations: WELLINGTON, Trans, Pacific, New Zealand, Reuters, Centre, Strategic, International Studies, Washington DC, Thomson Locations: Pacific, Auckland, China, Taiwan, New Zealand, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, Peru, Singapore, Vietnam, Britain, Costa Rica, Uruguay, Ecuador, Ukraine, New, Beijing, Zealand, Jakarta, Taipei, CPTPP, Wellington

☆ US trade group blasts Canada for refusal to extend digital services tax freeze
▼ + stars: | 2023-07-13 | by ( ) www.reuters.com time to read: +3 min

WASHINGTON, July 13 (Reuters) - The U.S.-based National Foreign Trade Council on Thursday blasted Canada for its refusal to back a global agreement to hold off on implementing digital services taxes for at least another year, and said the move could invite retaliation. NFTC President Jake Colvin said he welcomed news from the OECD that most countries with digital services taxes had agreed to extend the moratorium on implementation. He also said the move would allow countries to keep working a global tax deal in good faith. "Canada joined Belarus, Russia and a small handful of others in not joining because they seem to want to move forward quickly with their digital services tax," Colvin said. Colvin said Washington could retaliate under the U.S.-Mexico-Canada trade agreement if Canada went ahead and implemented the new tax.

Persons: Jake Colvin, Colvin, We're, Chrystia Freeland, Washington, Katherine Tai, Mary Ng, Andrea Shalal, Anna Driver Organizations: Foreign Trade, OECD, Canadian Finance, U.S, . Trade, Canadian Trade, Thomson Locations: U.S, Canada, Belarus, Russia, Mexico, Pakistan, Sri Lanka

Summary Canadian minister Ng notes progress with Mexico over energyUSTR Tai urges Mexico to monitor steel and aluminum exports to U.S.MEXICO CITY, July 6 (Reuters) - The U.S. sees some progress made on an energy dispute with Mexico, although "deep-seated" concerns persist, U.S. Trade Representative Katherine Tai said on Thursday shortly before talks in Mexico with top Mexican and Canadian trade officials. The U.S. and Canada demanded dispute settlement talks over energy with Mexico in July 2022, arguing that Mexico's nationalist energy policies, which have tightened state control over the energy market, were discriminatory to U.S. companies. Canada's Ng separately noted progress with Mexico over energy issues, saying concerns from Canadian companies had been addressed. In addition to the energy spat, the U.S. and Mexico are engaged in a dispute over Mexico's decree to limit the use of genetically modified (GM) corn. Before the meeting, Tai said trade dispute settlement consultations over GM corn, which the U.S. requested in June, began with Mexico last week.

Persons: Ng, Tai, Katherine Tai, Raquel Buenrostro, of International Trade Mary Ng, Canada's Ng, Daina Beth Solomon, Cassandra Garrison, Costas Pitas, Brendan O'Boyle, Marguerita Choy, Diane Craft Organizations: MEXICO CITY, U.S . Trade, USMCA Free Trade Commission, Mexican, of International Trade, Thomson Locations: Mexico, U.S, MEXICO, Canada, American, Mexican, Cancun

☆ Canadian trade minister condemns hate crime at mosque
▼ + stars: | 2023-04-09 | by ( ) www.reuters.com time to read: +1 min

April 8 (Reuters) - Canada's Trade Minister Mary Ng condemned on Saturday a hate crime at mosque saying the incident, which an Islamic society said had apparently involved an attempt to tear a copy of the Muslim holy book, had no place in Canadian society. "Deeply disturbed to hear of the violent hate crimes and racist behaviour at the Islamic Society of Markham," Ng said in a post on Twitter. Muslims see any attempt to damage a Koran as blasphemous because they consider the Islamic holy book to be the literal word of God. The incident comes during the Islamic holy month of Ramadan, when worshippers throng to mosques. Thousands of people attend the mosque at Markham, the society said.

The incident took place in the city of Markham while the suspect, 28-year-old Sharan Karunakaran, was later arrested in Toronto, the York Regional Police said in a statement. Canadian Trade Minister Mary Ng condemned the incident and called it a hate crime, saying it had no place in Canadian society. Thousands of people attend the mosque at Markham. Police added they charged the suspect with uttering threats, assault with a weapon and dangerous driving. "This violence and Islamophobia has no place in our communities," the Canadian trade minister, who is a local member of parliament, said in a reaction to the incident.

☆ Canada should support startups after SVB collapse, says lobby group
▼ + stars: | 2023-03-16 | by ( ) www.reuters.com time to read: +2 min

TORONTO, March 16 (Reuters) - A lobby group for Canada's venture capital and private equity funds is asking Prime Minister Justin Trudeau's government to provide emergency financing to help startups hit by the collapse of Silicon Valley Bank (SVB), according to a letter seen by Reuters on Thursday. Spokespeople for Ng and Finance Minister Chrystia Freeland's office could not immediately be reached for comment. Reuters reported on Monday that the sudden collapse of SVB could choke funding for Canada's technology start-ups and place them in the hands of domestic lenders who may be more selective. The letter also asked the government to instruct the Business Development Bank of Canada to deploy a bridge financing program similar to the one used at the outset of the COVID-19 pandemic. ($1 = 1.3755 Canadian dollars)Reporting by Maiya Keidan, additional reporting by David Ljunggren; Editing by Josie KaoOur Standards: The Thomson Reuters Trust Principles.

☆ Canada trade minister encourages 'intense collaboration' with transatlantic partners on green tech
▼ + stars: | 2023-03-14 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCanada trade minister encourages 'intense collaboration' with transatlantic partners on green techCanada Trade Minister Mary Ng discusses the international race to develop and deploy renewable energy technologies and says she hopes protectionism isn't here to stay when it comes to green subsidies.

☆ Canada is aiming to beat China in the critical race for rare earth metals
▼ + stars: | 2023-03-14 | by ( Silvia Amaro | ) www.cnbc.com time to read: +1 min

Canada is positioning itself as a solution for the many European governments that are looking to rely less on China for critical raw materials — which are essential for the manufacture of goods like electric cars. The G-7 member announced in December a plan to ramp up the production of these minerals, with Canada having one of the largest deposits. The European Union, and other parts of the world, are trying to be less dependent on China while also accelerating plans for a more sustainable economy. More broadly, there's a growing recognition by several governments that minerals and other raw materials are now a matter of national security. This has become a reality in the European Union, with Russia's invasion of Ukraine highlighting that the bloc had become solely reliant on one huge supplier.

☆ Canada trade minister says trade talks with Taiwan are part of a larger Indo-Pacific strategy
▼ + stars: | 2023-02-21 | by ( Sumathi Bala | ) www.cnbc.com time to read: +1 min

Canada's decision to enter formal bilateral trade talks with Taiwan is part of a broader strategy for the Indo-Pacific region, its minister of international trade told CNBC Tuesday. The two sides agreed on Feb. 7 to begin formal negotiations on a trade agreement in order to strengthen trade and investment. Bilateral trade between Canada and Taiwan reached $5.82 billion in 2022, according to Taiwan's official statistics. Taiwan is Canada's 13th largest trading partner globally, and its 5th largest trading partner in Asia. Taiwan's exports to Canada amounted to $3.3 billion last year, and Canada exports to Taiwan amounted to $2.52 billion in the same period, according to that data.

☆ We're clear about our relationship with China in the Indo-Pacific strategy, says Canadian minister
▼ + stars: | 2023-02-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe're clear about our relationship with China in the Indo-Pacific strategy, says Canadian ministerMary Ng, Canada's minister of international trade, export promotion, small business and economic development, says there will be areas that Canada will "absolutely challenge" China on, "but diversification, for me as a trade minister, is the job."

☆ Explainer: Spilt milk? Why are the US and Canada fighting over dairy?
▼ + stars: | 2023-02-01 | by ( ) www.reuters.com time to read: +3 min

HOW DOES CANADA'S DAIRY SYSTEM WORK? The Canadian Dairy Commission, a government corporation, sets a milk price annually that dairy processors pay to farmers. A WTO panel ruled in 2002 that Canada breached its trade obligations through its dairy support, siding with the United States. WHAT IS THE VALUE OF CANADA'S DAIRY SECTOR? Canada's 9,739 dairy farmers form one of the most influential lobbies in the country.

Canadian Trade Minister Mary Ng says the ruling reaffirms ‘our understanding of the negotiated outcome on the rules of origin for automotive products.’A trade panel ruled in favor of Mexico and Canada in a dispute with the U.S. over rules to calculate regional content required for tariff-free imports of vehicles under the U.S., Mexico, Canada Agreement, officials said Wednesday. Mexico and Canada had challenged the U.S. method for calculating the regional content required under the USMCA trade pact for cars to have tariff-free access to the U.S., and requested the panel early last year after failing to reach agreement during consultations.

☆ Canada, Mexico win auto rules trade dispute with U.S.
▼ + stars: | 2023-01-11 | by ( Steve Scherer | ) www.reuters.com time to read: +3 min

"The decision is good for Canada and Mexico," said Flavio Volpe, president of Canada's Automotive Parts Manufacturers' Association. The decision is "disappointing," said Adam Hodge, a spokesperson for the United States Trade Representative's office, adding that the decision could result in "fewer American jobs". The USTR will now "engage Mexico and Canada on a possible resolution to the dispute," Hodge said. The decision was announced amid a separate USMCA dispute centered on energy that has pitted the United States and Canada against Mexico. The United States said "core part" content should not be rounded up when determining the content of the entire car.

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