Canada set to toughen vehicle emission rules: report
Canadian auto makers will have to comply with mandatory vehicle-emission requirements that mirror tough rules being adopted in some U.S. states, as the government aims to improve air quality, the Globe and Mail reported on Friday.
According to the newspaper, the plan to reduce vehicle emissions will take effect in 2010, when a current deal signed by the previous Liberal government expires.
Citing unnamed sources, the newspaper said the Conservative government will focus more on fighting smog and improving air quality and less on reducing greenhouse gases.
More : ca.today.reuters.com
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Vehicle sales set to fall in Canada, U.S., Scotiabank says
Vehicle production and sales in Canada and the United States will slow in 2006 as high gasoline prices eat into disposable income, according to an outlook from Scotiabank.
The bank's Global Auto Sales Outlook said employee discounts in 2005 resulting in the likely peaking of sales figures in both countries. It estimates that sales of cars and light trucks will drop by 20,000 in 2006 to 1.57 million.
"Going forward, [sales] volumes will be dampened by high gasoline prices and other energy costs, now absorbing a record share of disposable income," Scotiabank
Do-not-call registry still a year off
Tired of rushing to a ringing telephone, only to hear yet another sales pitch? Well, relief is almost within earshot.
Ottawa is developing rules to implement the long-awaited national Do-Not-Call Registry to help consumers avoid telemarketers.
Mind you, it will likely be more than a year before all the rules -- including fines as high as $15,000 for ignoring the registry -- are put in place, according to the Canadian Radio-television and Telecommunication Commission.
The regulator now is developing the registry, which has been talked about in Ottawa for more than four years.
More: canada.com
Canada May factory shipments up, but weak
Big-ticket aerospace production lifted otherwise weak factory shipments in May by 0.3 percent, Statistics Canada said on Friday, but substantial setbacks in the petroleum and motor vehicle industries tempered the gains.
Excluding aerospace, which has been volatile due to growing global demand for civilian and military aircraft, factory shipments tumbled 1.1 percent, the agency said.
The result for manufacturers, who have been battered by the recent appreciation of the Canadian dollar, fell short of analysts average forecast of a 0.8-percent rise in shipments in May.
Refinery shutdowns for maintenance dragged down shipments by 6.7 percent for petroleum
Canada tells IMF to get tough on all rule-breakers
The International Monetary Fund must get tough on all countries that break the rules of the world financial game, the head of Canada's central bank said on Thursday.
In a speech prepared for delivery at Princeton University, Bank of Canada Governor David Dodge said the IMF should not be afraid to confront its member states by drawing international attention to issues that distort markets or curb trade or capital flows.
"The IMF as umpire should not shy away from making tough calls whenever they see the rules being violated, be it with respect to
WTO softwood ruling opens door for Canada
VANCOUVER -- The latest World Trade Organization softwood lumber ruling opens the door for Canada to retaliate against the United States, the Department of International Trade said Monday.
Trade officials said the WTO appellate body has upheld Canada's position that U.S. procedures used to establish countervailing duties on Canadian softwood lumber imports are inconsistent with trade organization's rules.
As a result, the department said in a news release, the case now will go to arbitration to determine the amount of retaliation Canada is entitled to in the event the United States does not bring
