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NAFTA

NAFTA Renegotiation Talks Begin

The process to renegotiate the North American Free Trade Agreement (NAFTA) started on August 16, 2017. Canada, the United States, and Mexico came together to tackle important issues that emerged after U.S. President Donald Trump expressed a desire to change the trade agreement. The initial round of discussions is viewed as a vital chance for...

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Canada’s Economy Grows Despite Global Uncertainty

Canada’s Economy Grows Despite Global Uncertainty

Canada’s economy has proven to be strong despite global economic challenges, achieving significant growth in the last quarter of 2016. The GDP grew by 3.5% on an annual basis in the fourth quarter, surpassing what analysts predicted and leading to a total growth rate of 1.4% for the entire year. Strong Performance in Key Sectors...

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Prime Minister Trudeau Approves Trans Mountain Pipeline Expansion

Prime Minister Trudeau Approves Trans Mountain Pipeline Expansion

Prime Minister Justin Trudeau has made a bold decision by approving the expansion of the Trans Mountain Pipeline. This project aims to increase the pipeline’s capacity to carry crude oil from Alberta to the coast of British Columbia threefold. The choice reflects a larger plan to balance economic growth with environmental responsibilities. Details of the...

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Canada Officially Joins Paris Agreement on Climate Change

Canada has officially joined the Paris Agreement on climate change, showing its dedication to global actions against climate change and lowering greenhouse gas emissions. This announcement comes after a parliamentary vote earlier this week, which received strong backing for the international agreement that tackles one of the biggest challenges we face today. What Is the...

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Trans-Pacific Partnership

Canada Joins Trans-Pacific Partnership (TPP) Trade Agreement

Canada has taken a major step to boost international trade by officially joining the Trans-Pacific Partnership (TPP) deal. This agreement, signed in Auckland, New Zealand, is a key trade pact that includes 12 countries from the Pacific Rim, such as the United States, Japan, and Australia. The TPP seeks to lower trade barriers, improve the...