Daily Archives: August 9, 2017

U.S. pitch to increase Canada's duty-free online shopping limit a sticking point in NAFTA talks

A U.S. proposal for Mexico and Canada to vastly raise the value of online purchases that can be imported duty-free from stores like Amazon.com and eBay is emerging as a flashpoint in an upcoming renegotiation of the NAFTA trade deal. Vulnerable industries like footwear, textiles and bricks and mortar retail in Mexico and Canada are pushing back hard against the ...

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Where might the next crisis come from?

TEN years ago, BNP Paribas, a French bank, temporarily suspended dealings in three funds, citing “the complete evaporation of liquidity in certain market segments of the US securitisation market”. Many people treat this as the start of the credit crunch but one can trace it back to the need for Bear Stearns to rescue hedge funds that invested in mortgage-backed securities ...

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Sentence proposed for triple murderer Derek Saretzky 'unduly long and harsh,' says his lawyer

If the Crown gets its way, triple murderer Derek Saretzky will be 99 years old before he can even ask for parole. But Saretzky’s lawyer says parole ineligibility for 75 years would be a “crushing” and “unduly long and harsh” sentence that wouldn’t motivate his client to be a model inmate. Instead, defence lawyer Patrick Edgerton has asked the judge to allow ...

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Canada beats Mexico to stay perfect at FIBA AmeriCup

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North Korea releases imprisoned Canadian pastor, state media says

North Korea has released a Canadian pastor who was serving a life sentence of hard labour, the country’s official KCNA news agency said on Wednesday. “Rim Hyon Su, a Canadian civilian, was released on sick bail according to the decision of the Central Court of the DPRK on August 9, 2017, from the humanitarian viewpoint,” it said, using the country’s official name, the Democratic People’s ...

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