Reading Time: 2 minutes Weather-related stalls in this fall’s Prairie grain harvest have chipped away at Canadian National Railway’s (CN) third-quarter financials, as the railway booked lower profits and revenues on “shifting traffic demands.” Montreal-based CN on Tuesday reported overall net income of $972 million on $3.014 billion in revenue for the quarter ending Sept. 30, down from $1.007 […] Read more
CN feels Prairie harvest delays in Q3 revenues
Court may help EU sidestep lone-wolf resistance to trade deals
Reading Time: 3 minutes Brussels | Reuters — A court ruling early next year may help the European Union out of the kind of embarrassing situation it has just landed in, where a regional assembly in Belgium is blocking a major trade agreement between Canada and the 28 sovereign states of the EU. Belgian negotiators failed on Tuesday to […] Read more
Belgian internal feud blocks EU-Canada trade deal
Reading Time: 3 minutes Brussels | Reuters — The European Union’s hopes of signing a landmark free trade deal with Canada this week appeared to evaporate on Monday as the Belgian federal government failed to win the consent of French-speaking regional authorities. European Council President Donald Tusk had given Belgian Prime Minister Charles Michel until Monday, three days before […] Read more
Canada says up to EU to save free trade deal
Reading Time: 3 minutes Brussels | Reuters — Canada said on Saturday it was up to the European Union to save a free trade deal that could boost both economies but that cannot be signed as planned next week due to opposition from Belgium’s French-speaking region. The Walloon government was awaiting new proposals from the European Commission, according to […] Read more
Canada walks out of trade talks with ‘incapable’ EU
Reading Time: 3 minutes Brussels | Reuters — Canada’s trade minister walked out of talks in Belgium on Friday, declaring that the European Union was incapable of sealing a planned transatlantic free trade deal designed to boost growth in both economies. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
Belgian region sticks to firm ‘Non’ on CETA
Reading Time: 2 minutes Brussels | Reuters — The Belgian region of Wallonia rejected new amendments to a planned EU-Canada free trade agreement on Thursday, reaffirming its opposition and so threatening the entire deal, a flagship of European Union trade policy. All 28 EU governments support the Comprehensive Economic and Trade Agreement (CETA), but Belgium cannot give assent without […] Read more
Prairies tell a tale of two flax crops
Reading Time: < 1 minute CNS Canada — A large portion of Canada’s flaxseed crop is still in the field, leaving questions over the size and quality of what will eventually be harvested. About a third of the flaxseed crop is still left in the field in Saskatchewan, by the estimate of Tom Leier, senior grain buyer with Scoular Special […] Read more
EU calls meeting to try to unblock Canada trade deal
Reading Time: 2 minutes Brussels | Reuters — The European Union summoned envoys from its member states to an emergency meeting in Brussels at 8 p.m. local time on Thursday to seek a last-minute resolution to Belgian difficulties holding up a trade deal with Canada, diplomats said. All 28 EU governments support the planned Comprehensive Economic and Trade Agreement […] Read more
Belgian region wants more time to fix CETA
Reading Time: 2 minutes Brussels/Ottawa | Reuters — The premier of the Belgian region that is the main impediment to a planned EU-Canada free trade agreement on Wednesday advised postponing a summit next week to sign the deal and taking a few more months to fix outstanding issues. Walloon’s Paul Magnette spoke as pressure mounted on him to drop […] Read more
Belgian ‘Non’ blocks EU approval of CETA
Reading Time: 3 minutes Luxembourg | Reuters — EU governments failed on Tuesday to approve a free trade agreement with Canada, as continued opposition from French-speaking southern Belgium threatened the entire deal. Almost all 28 EU governments, whose ministers were meeting in Luxembourg, now back the Comprehensive Economic and Trade Agreement (CETA), which would be the bloc’s first trade […] Read more
A message from April Stewart, Country Guide's Associate Editor
