Word: tariff
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...Tariff Commission is currently studying the arguments for lumber quotas and tariff increases. And last week U.S. negotiators sat down with Canadian officials in Ottawa to try to persuade them to put voluntary quotas on lumber exports. But the Canadians-who already run a $1.2 billion trade deficit with the U.S.-see no reason to increase...
...part of every year in Canada-Weston argues that joining the Common Market would pull down British living standards and, more important, break the ties that link the Commonwealth nations. ("Why are you British deserting us?" he once asked Britain's Queen Mother.) Extension of Common Market tariff walls to Britain would probably force his British bakeries to buy French instead of Canadian wheat...
After Britain. Having navigated the shoals of the Commonwealth Prime Ministers' meeting, Britain is once again free to plot its now inevitable course into Europe. Barriers still remain, mostly guarantees for Britain's domestic agriculture and tariff concessions for Common wealth raw materials. But so firmly is Britain committed to joining the Market that a draft agreement is expected before the year's end. With the tangled British question all but settled, the other nations are queueing up with increasing urgency. First in line are Norway and Denmark. Though the Six grumble that both applicants could have...
Beyond these eleven, Israel is already dickering with the Six for a general trade and tariff agreement, but not membership; Iran has indicated that it would like the same; and Communist Yugoslavia has hinted that it would like some sort of economic arrangement-one of the best testimonials yet to the success of the Market...
Warm Welcome. The throne speech also chose its words carefully for international consumption, reflecting a sharp and necessary change in the government's attitude toward foreign business-chiefly U.S. It promised removal of austerity tariff surcharges imposed in June "as soon as circumstances permit," and extended a warm welcome to foreign investors: "Canada's foreign development will continue to require imports of capital, and to this end will maintain a climate hospitable to foreign investment." As evidence of the clearing climate, the Tories are expected to remove a 15% tax on dividend payments to foreign investors imposed...