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☆ Reactions: Canada 2023/24 budget deficit to jump, Ottawa to boost spending
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +7 min

JULES BOUDREAU, SENIOR ECONOMIST, MACKENZIE INVESTMENTS"The surprise was more on the revenue side more than the spending side. Prior to this budget we were not eligible for the carbon capture utilization and storage (CCUS) investment tax credit, but they have now broadened the eligibility parameters." "The big open question, heading into this budget was how was Canada going to react to the Inflation Reduction Act ... MARK ZACHARIAS, EXECUTIVE DIRECTOR OF CLEAN ENERGY CANADA"We thought today's budget was generally excellent and it sets Canada on a path for prosperity. "The investment tax credits for clean tech manufacturing positions Canada as a leader, particularly in zero-emissions vehicles."

☆ Factbox: Canada budget 2023-24: key measures and proposals
▼ + stars: | 2023-03-28 | by ( ) www.reuters.com time to read: +2 min

OTTAWA, March 28 (Reuters) - Here are some of the key government measures and proposals outlined in the 2023-24 budget presented by Finance Minister Chrystia Freeland on Tuesday. - Dental Care expansionProposal to introduce legislation to for a new dental care plan which will provide dental care to uninsured Canadians with family income less than C$90,000 annually. - Right to repairGovernment to work toward implementing a right to repair, aimed at making it easier and cheaper to repair home appliance and electronics. - Standard charging portGovernment to explore implementing a standard charging port in Canada for phones, tablets, cameras, laptops and other electronic devices. - Clean Technology Manufacturing Investment Tax CreditProposal for a refundable tax credit equal to 30% of the cost of investments in machinery and equipment used to manufacture or process key clean technologies, and extract, process, or recycle certain critical minerals essential to clean technology supply chains.

☆ Canada to ramp up clean-tech push in budget to level playing field with US
▼ + stars: | 2023-03-28 | by ( Steve Scherer | ) www.reuters.com time to read: +4 min

In Canada, there's more pressure to step up green investments to level the playing field with the United States, which passed a series of massive incentives in the Inflation Reduction Act (IRA) last year. Last week Freeland said Canada is at a "crucial crossroads" for the green transition and that it would be "reckless" not to make major investments in clean tech. But she has also said she does not want to fuel inflation and slowing growth means fiscal responsibility is warranted. The budget will also include an increase in federal healthcare spending promised earlier this year to the provinces, which administer the public health system. Reporting by Steve Scherer; Editing by Andrea Ricci and Chizu NomiyamaOur Standards: The Thomson Reuters Trust Principles.

☆ Exclusive: Canada budget sees contracts for differences for large clean-tech projects -source
▼ + stars: | 2023-03-27 | by ( Steve Scherer | ) www.reuters.com time to read: +4 min

So-called contracts for differences set a price on tradable carbon credits, which heavy emitters can get if they reduce pollution. They are also concerned that costly projects could be a waste of money if carbon pricing is scrapped in future. Contracts for differences could be used by companies investing in carbon capture or hydrogen projects, the source said. Under Canada's carbon pricing rules, large industrial polluters pay per tonne of carbon emitted above a certain sector-specific threshold. It will benefit 11 million households, the source told CBC, who called the measure a "grocery rebate".

☆ Biden calls for assault weapons ban after Nashville shooting
▼ + stars: | 2023-03-27 | by ( ) www.reuters.com time to read: +1 min

WASHINGTON, March 27 (Reuters) - U.S. President Joe Biden called on Congress to pass an assault weapons ban after six people, including three children, were killed in a school shooting in Nashville, Tennessee on Monday, the White House said. It’s ripping our communities apart,” Biden said at the White House. "I call on Congress again to pass my assault weapons ban." REUTERS/Blair GableBiden, a Democrat, has repeatedly called for a renewed assault weapons ban and stricter rules on gun sales, measures that need to pass Congress. White House spokesperson Karine Jean-Pierre told reporters before Biden spoke.

Obrador's decision to roll back reforms aimed at opening Mexico's power and oil markets to outside competitors sparked the trade dispute. If not, the U.S. will request an independent dispute settlement panel under the Unites States Mexico Canada Agreement, or USCMA, they said. The United States and Canada demanded dispute settlement talks with Mexico in July - 250 days ago. Under USMCA rules, after 75 days without a resolution, they were free to request a dispute settlement panel, a third party that rules on the case. In my view, it’s long past time to say enough is enough and escalate this into a real dispute settlement case," Wyden said.

☆ NHL roundup: Bruins lock down Atlantic Division title
▼ + stars: | 2023-03-26 | by ( ) www.reuters.com time to read: +11 min

Hathaway has scored three goals since joining the Bruins in late February, two of which have been go-ahead tallies. Linus Ullmark made 11 of his 26 saves in the third period, improving to 11-1-0 in his last 12 starts. For the Lightning, Victor Hedman scored the lone goal and Andrei Vasilevskiy was credited with 32 saves. Leon Draisaitl had a goal and an assist, and Zach Hyman and Warren Foegele also scored for Edmonton. Ottawa captain Brady Tkachuk scored his seventh goal in seven games and Mark Kastelic and defenseman Thomas Chabot also tallied.

☆ Biden, Trudeau Tout Job Boosts From Clean Energy, Chips Manufacturing
▼ + stars: | 2023-03-25 | by ( Ken Thomas | Paul Vieira | ) www.wsj.com time to read: 1 min

OTTAWA—President Biden, making his first trip as president to Canada, said a robust U.S. industrial policy based on producing clean technology, electric vehicles and semiconductors would benefit workers on both sides of the northern border as he joined with Canadian Prime Minister Justin Trudeau . Mr. Biden used an address to the Canadian Parliament to promote their commitment to defending Ukraine in its war against Russia, and future possibilities for workers through the new healthcare and climate change law called the Inflation Reduction Act, and another law to promote semiconductor manufacturing.

☆ Putin says Moscow has deal with Belarus to station nuclear weapons there
▼ + stars: | 2023-03-25 | by ( ) www.reuters.com time to read: +1 min

March 25 (Reuters) - Russia has struck a deal with neighbouring Belarus to station tactical nuclear weapons on its territory but will not violate non-proliferation agreements, President Vladimir Putin said on Saturday. Belarusian President Alexander Lukashenko had long raised the issue of stationing tactical nuclear weapons in Belarus, which borders Poland, Putin told state television. They have long deployed their tactical nuclear weapons on the territory of their allied countries," he said. Russia will have completed the construction of a storage facility for tactical nuclear weapons in Belarus by July 1, Putin said, adding that Moscow would not actually be transferring control of the arms to Minsk. Russia has stationed 10 aircraft in Belarus capable of carrying tactical nuclear weapons, he said, adding that Moscow had already transferred to Belarus a number of Iskander tactical missile systems than can be used to launch nuclear weapons.

"Tactical" nuclear weapons refer to those used for specific gains in the battlefield rather than those with the capacity to wipe out cities. Putin told state television that Belarusian President Alexander Lukashenko had long raised the issue of stationing tactical nuclear weapons in his country. They have long deployed their tactical nuclear weapons on the territory of their allied countries," he said. Russia has stationed 10 aircraft in Belarus capable of carrying tactical nuclear weapons, Putin said, adding that Moscow had already transferred to Belarus a number of Iskander tactical missile systems that can launch nuclear weapons. When the Soviet Union collapsed in 1991, nuclear weapons were deployed in the four newly-independent states of Russia, Ukraine, Belarus and Kazakhstan.

☆ Biden said federal deposit insurance could be tapped further if banks fail
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: 1 min

OTTAWA, March 24 (Reuters) - President Joe Biden said on Friday that federal deposit insurance could be tapped for deposits above $250,000 if other U.S. banks fail. Biden said U.S. banks are in "pretty" good shape and said he doesn't see an industry ready to explode. Reporting By Andrea Shalal and Jarrett Renshaw; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

☆ Biden says US to likely invest billions in semiconductor packaging in Canada
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: 1 min

OTTAWA, March 24 (Reuters) - The United States will probably be investing billions of dollars in packaging semiconductors in Canada, U.S. President Joe Biden said on Friday during a news conference with Canadian Prime Minister Justin Trudeau. Reporting by Andrea Shalal; Writing by Katharine Jackson; Editing by Leslie AdlerOur Standards: The Thomson Reuters Trust Principles.

[1/2] Asylum seekers, who state they are from Turkey, walk down Roxham Road to cross into Canada from the U.S. in Champlain, New York, U.S., February 28, 2023. Growing numbers of asylum seekers have been crossing: 40,000 last year and 5,000 in January alone. Quebec’s premier and opposition politicians have called for Roxham Road to be "closed." This would allow Canadian officials to turn back asylum seekers trying to cross at Roxham Road or anywhere else. Migrant crossings at Roxham Road may decrease in the short term but refugee advocates say people hoping to evade detection might take riskier routes.

[1/2] People walk with their luggage on Roxham Road before crossing the US-Canada border into Canada in Champlain, New York, U.S., February 14, 2018. REUTERS/Chris Wattie/File PhotoOTTAWA, March 24 (Reuters) - U.S. President Joe Biden and Canadian Prime Minister Justin Trudeau struck a deal aimed at stopping asylum seekers from traversing the shared U.S.-Canada land border via unofficial crossings, an official U.S. document showed on Friday. Biden will address parliament on Friday, after an introduction by Trudeau, and the two leaders will hold a joint news conference afterward. Canada has been pushing the U.S. to extend the deal for a while. In recent months, there has been a sharp increase in asylum seekers entering Canada through unofficial border crossings.

☆ Watch live: President Biden addresses the Canadian Parliament
▼ + stars: | 2023-03-24 | by ( Emma Kinery | ) www.cnbc.com time to read: +1 min

President Joe Biden will address Canada's Parliament on Friday afternoon as he looks to strengthen bonds between the two countries amid several international threats. Concerns over China and Russia are top of mind for the president as he makes his visit. The Biden administration is also looking for its Canadian allies to take a greater role in helping to stabilize Haiti as gang violence rises. The two autocratic leaders said their partnership would help bring about a new world order led by China and Russia. Biden and Trudeau are seeking to show the strength of their bond and those of democratic nations.

☆ Russia's war on Ukraine latest: Russia attacks along Ukraine front
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: +2 min

[1/2] A destroyed Russian tank remains on the side of the road near the frontline town of Kreminna, amid Russia's attack on Ukraine, in Luhansk region, Ukraine March 24, 2023. * Russia's defence ministry said its forces had destroyed a hangar housing drones belonging to Ukraine's armed forces in the southwestern Odesa region of the country. DIPLOMACY* Russia's parliament speaker proposed banning the activities of the International Criminal Court after it issued an arrest warrant for Putin, accusing him of the war crimes. * Democratic and Republican U.S. senators urged the Biden administration to share information with the ICC as it pursues war crimes charges against Putin. * U.S. President Joe Biden, appearing in Ottawa with Canadian Prime Minister Justin Trudeau, said he would continue to pressure Putin and help Ukraine.

☆ Canada's Trudeau says TikTok ban had 'side benefit' of getting his kids off platform
▼ + stars: | 2023-03-24 | by ( Steve Scherer | ) www.reuters.com time to read: +1 min

OTTAWA, March 24 (Reuters) - Canadian Prime Minister Justin Trudeau said on Friday that he was happy his recent ban on the use of Chinese-owned social media app TikTok from government-issued devices meant his children could no longer access the platform. It's just a personal side benefit that my kids can't use TikTok anymore." [1/2] Canadian Prime Minister Justin Trudeau speaks during a joint news conference with U.S. President Joe Biden, in Ottawa, Ontario, Canada, March 24, 2023. His government announced its ban last month, saying the platform has an "unacceptable" risk to privacy and security. "I am obviously concerned with their privacy and their security, which is why I'm glad that on their phones that happened to be issued by the government, they no longer access TikTok," Trudeau said.

☆ Biden says US is prepared to act "forcefully" to protect Americans
▼ + stars: | 2023-03-24 | by ( ) www.reuters.com time to read: 1 min

U.S. President Joe Biden speaks during a joint news conference with Canadian Prime Minister Justin Trudeau, in Ottawa, Ontario, Canada, March 24, 2023. REUTERS/Blair GableOTTAWA, March 24 (Reuters) - U.S. President Joe Biden on Friday said the United States is prepared to "act forcefully" to protect Americans, commenting after the U.S. military carried out air strikes against Iran-backed forces in retaliation for an attack that killed an American contractor and wounded five U.S. troops. "Make no mistake: the United States does not ... seek conflict with Iran, but be prepared for us to act forcefully to protect our people," Biden told reporters during an official visit to Canada. Reporting by Andrea Shalal; writing by Jasper Ward; editing by Tim AhmannOur Standards: The Thomson Reuters Trust Principles.

☆ Biden, Trudeau Meeting to Focus on Ukraine, Canadian Defense Strategy
▼ + stars: | 2023-03-23 | by ( Ken Thomas | Paul Vieira | ) www.wsj.com time to read: +1 min

President Biden will make his first official trip to Canada since his time as vice president at the end of the Obama administration. OTTAWA—President Biden will make his first visit to Canada as president Thursday for talks with Prime Minister Justin Trudeau that are expected to focus on the war in Ukraine and a U.S. push for Canada to bolster its northern defenses and spend more on its military. Mr. Biden’s first trip north of the U.S. border, typically an early stop for a new president, was delayed because of the Covid-19 pandemic. White House officials said Mr. Biden is eager to discuss with Mr. Trudeau ways to strengthen the two nations’ joint defense of North American airspace through the North American Aerospace Defense Command, or Norad. U.S. and Canadian senior officials said the agenda would also include climate-change policies, the supply of critical minerals, and migration across their shared border.

☆ U.S., Canada Reach Deal to Turn Back Migrants Crossing Northern Border Illegally
▼ + stars: | 2023-03-23 | by ( Ken Thomas | Tarini Parti | ) www.wsj.com time to read: 1 min

Tens of thousands of asylum seekers have used Roxham Road to cross from New York into Quebec, Canada. OTTAWA—The U.S. and Canada have reached an agreement that would allow both countries to turn back asylum seekers who unlawfully cross the northern border, a move that aims to address an influx of border crossings between New York and Quebec. People familiar with the deal said it would give U.S. and Canadian border officials enhanced abilities to turn back such asylum seekers in either direction. The new policy would apply to people who are caught within 14 days of crossing without permission.

☆ Biden to have brief meeting with Trudeau political rival on Canada visit
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +1 min

March 22 (Reuters) - President Joe Biden plans to have a brief meeting with Canadian Prime Minister Justin Trudeau's biggest political rival during an official visit to Canada that begins on Thursday, a senior administration official said. It's not uncommon for a U.S. president to meet with the opposition leader during visits to Canada. Biden is also expected to meet and say hello to all the opposition leaders as part of the welcoming ceremony on Thursday. Biden will be in Ottawa, the capital, on Thursday and Friday to address Parliament and meet with Trudeau. He did hold his first bilateral meeting as president with Trudeau, albeit virtually.

☆ Canada, US reach deal to close unofficial border crossings -reports
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +3 min

[1/3] Asylum seekers, who state they are from Turkey, walk down Roxham Road to cross into Canada from the U.S. in Champlain, New York, U.S., February 28, 2023. A sharp increase in asylum seekers entering Canada through unofficial crossings has increased pressure on Prime Minister Justin Trudeau to negotiate an agreement with President Joe Biden to close off the entire land border to most asylum seekers. As part of the agreement, Canada is expected to announce 15,000 slots for migrants from the Western Hemisphere to apply to enter the country legally, the Times reported. The media reports come ahead of Biden's long-delayed visit to close ally Canada to express unity on Ukraine and the environment. Speaking with reporters on Wednesday, Trudeau said the U.S. and Canadian governments had been working to resolve the "complex" issue of irregular border crossings for many months and that he hoped to make an announcement about it soon.

☆ Exclusive: Canada budget to have tax credit for equipment used to produce EVs -sources
▼ + stars: | 2023-03-23 | by ( Steve Scherer | ) www.reuters.com time to read: +4 min

The credit will be available for future investments in equipment used to extract and process critical minerals used in EVs, a second source said, and to purchase equipment used in manufacturing along the entire EV supply chain, including for batteries. Last year, Canada budgeted C$3.8 billion ($2.8 billion) to scale up exploration and infrastructure for critical minerals. Canada has an abundance of the critical minerals used to produce EVs. Last autumn, Canada announced investment tax credits for companies that purchase finished clean energy systems, like solar panels. Instead, the new tax credit will apply to manufacturers buying equipment to build things like solar panels.

[1/6] Migrants, transferred from Plattsburgh, New York to El Paso, Texas, disembark from a plane at the airport, in El Paso, Texas, U.S. March 21, 2023. U.S. Border Patrol has quietly transported about 100 migrants this month on two charter flights from Plattsburgh, New York, near the border with Canada, to the Texas cities of Harlingen and El Paso. At the same time, asylum seekers have been crossing from the United States into Canada in record numbers, straining resources. Gil Kerlikowske, a former commissioner of U.S. Customs and Border Protection (CBP), Border Patrol's parent agency, said he could not recall the agency using charter flights for migrants caught crossing from Canada. "That's what caused more and more people to go to the northern border to cross into the United States," he said.

☆ NHL roundup: Alex Ovechkin hits 40 goals for record 13th time
▼ + stars: | 2023-03-22 | by ( ) www.reuters.com time to read: +10 min

Mandatory Credit: Brad Mills-USA TODAY SportsMarch 22 - On a night he was honored for passing one NHL legend, Washington's Alex Ovechkin made history by eclipsing another. Before the game, Ovechkin was honored in a 20-minute on-ice ceremony for passing Gordie Howe for second place on the all-time NHL goals list on Dec. 23. On Tuesday, Ovechkin scored his 40th goal of the season, passing Wayne Gretzky for the most 40-goal seasons in NHL history with his 13th. Barrett Hayton scored the lone goal for Arizona (27-33-11, 65 points), which saw its four-game winning streak come to an end. Alex Chiasson and Filip Zadina scored regulation goals for the Red Wings, who earned just their third victory in their last 13 games.

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