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Monday, October 30, 2017

NAFTA deal "in real peril" says former Canadian prime minister



   Canada column for Sunday, Oct. 29/17

   THE CANADIAN REPORT
   (c) By Jim Fox

   The negotiations to rewrite the North American Free Trade Agreement are “in real peril,” says Canada’s former Conservative prime minster.
   In a memo titled “Napping on NAFTA,” Stephen Harper said he fears the negotiations are going badly and it is no bluff that President Donald Trump might move to end the agreement.
   “I believe this threat is real,” Harper said in a letter to clients of his firm Harper & Associates Consulting and obtained by the Canadian Press news service.
   He criticizes the government of Liberal Prime Minister Justin Trudeau for too quickly rejecting U.S. proposals and having a too-close negotiating partner in Mexico.
   “In fact, the U.S. is both irked and mystified by the Liberals’ unwavering devotion to Mexico,” Harper wrote.
   Harper, whose government was ousted by the Liberals in 2015, said another misstep is Canada’s priorities on labor, gender, Aboriginal and environmental issues.
   Liberals call the memo “ill-timed and perplexing,” and accuse Harper of negotiating publicly against the government of Canada.
   While evaluating the U.S. demands, the government should consider whether it is “worth having a trade agreement with the Americans or not,” Harper said.

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   Two prominent Ontario Liberal Party supporters were found not guilty of bribery in connection with the 2015 provincial by-election in Sudbury.
   Before hearing further evidence, Judge Howard Borenstein ruled there was no point in continuing with the trial of businessman Gerry Lougheed and former Liberal CEO Pat Sorbara.
   The Election Act case involved the selection of a candidate and could not result in a conviction, the judge ruled.

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   News in brief:
   - Popular St. John, New Brunswick dentist Cindy McCormick, 46, owner of Bayside Dental Clinic, was founded slain in a hotel room while attending a conference in Lake Louise, Alberta. Police were calling it a murder-suicide after finding the body of her live-in partner in a car near Emerald Lake. He was identified as Bobby Kaine, 52, a member of the St. John fire department.
   - The Ontario government hasn’t so far intervened in the strike that has closed the province’s 24 colleges. More than 12,000 professors, instructors, counselors and librarians left their jobs on Oct. 15 to back demands such as job security and to limit the hiring of part-time workers. Talks have broken off and no new sessions are scheduled. It affects about 500,000 full-time and part-time students.

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   Facts and figures:
   Canada’s dollar is lower at 78.95 cents U.S. while the U.S. dollar returns $1.281 in Canadian funds before exchange fees.
   The Bank of Canada’s key interest rate is steady at 1 percent while the prime-lending rate is 3.2 percent.
   Stock markets are mixed, with the Toronto exchange index up at 15,953 points while the TSX Venture index was down at 787 points.
   The average price for gas in Canada is higher at $1.136 a liter or $4.31 (Canadian) for a U.S. gallon.
   Lotto 6/49: (Oct. 25) 6, 31, 37, 40, 41 and 42; bonus 44. (Oct. 21) 3, 24, 26, 30, 34 and 49; bonus 47. Lotto Max (Oct. 20) 1, 4, 12, 27, 35, 38 and 46; bonus 8.

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   Regional briefs:
   - The Calgary area is getting a boost from Amazon as the Seattle-based company plans to open a “fulfilment center” in Balzac and hire about 750 people. The facility will pack and ship orders to online customers. Amazon has 4,000 full-time workers in Canada and Calgary is among those bidding for the company’s second North American corporate headquarters.
   - It might be an understatement to suggest a Montreal driver’s singing hit a sour note with the police. Taoufik Moalla, 38, was given a $149 ticket for screaming in public and violating “peace and tranquility.” Moalla explained he was singing in his car to the ’90s classic “Gonna Make You Sweat (Everybody Dance Now).” He plans to contest the ticket in court but his wife said “if it was for singing, I’d have given you a ticket for $300.”

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Jim Fox can be reached at canadareport@hotmail.com

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