Word: canadians
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...When Canadian Prime Minister Stephen Harper met with E.U. leaders in Prague on May 6 for a summit to launch talks on a free trade agreement, they should have been exchanging handshakes and back slaps. Instead, they were straining to prevent their summit from being hijacked by an unlikely agitator: the baby seal...
...Canadian government's bailout of Chrysler Canada the worst deal it has ever made? Quite possibly, some critics say, and more of the same is waiting just around the corner as General Motors prepares to ask that country's taxpayers to fork over a similar amount of money in a few weeks' time...
...left Canada seething at what it sees as sanctimonious grandstanding. At Wednesday's summit, Canadian Trade Minister Stockwell Day said the decision "was based on people's feelings rather than hard facts," noting that Canada went to great lengths to ensure a humane, well-regulated and sustainable cull, and that it no longer allows the clubbing of baby seals while they still have their white coats. (See pictures of Canada...
...imports around $5 million of Canada's seal skins each year. But Canada says the impact of the impending ban is already being felt. Top seal pelts now fetch $14, a steep drop from the $105 they pulled in three years ago. And the Canadian hunt has killed less than 60,000 seals out of its 330,000 quota for 2009, down from over 220,000 last year...
...Ottawa and the Ontario government are contributing a total of $3.2 billion in loans to keep Chrysler Canada alive, including $850 million extended to the ailing automaker at the beginning of the year. Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty have characterized the Canadian contribution as proportional to the $12 billion in emergency loans that the Obama Administration has made available to Chrysler LLC, now under Chapter 11 bankruptcy protection. (See the worst business deals...