The federal finance department has scrapped its plan to delay implementation of legislation passed by Parliament that would reduce the tax burden for intergenerational transfers of small businesses, such as family farms. Bill C-208, the private member’s bill that was sponsored by Manitoba Conservative MP Larry Maguire, received Royal Assent before Parliament rose for the… Read More
Tag: Chrystia Freeland
Billions of dollars for childcare, COVID relief programs, and new climate initiatives headlined the federal government’s first budget in more than two years, read by Deputy Prime Minister Chrystia Freeland in the House of Commons on Monday. The 739-page document outlines the Liberal government’s many spending priorities as it expects to rack up an unprecedented… Read More
The federal government has announced a last-minute extension to the application deadline for its Canada Emergency Business Account (CEBA) loan program, as well as hinted at future changes that could help more businesses — including farms — qualify for the small business loan. Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, on… Read More
This week there was a small but significant cabinet shuffle that will prove very impactful on how Canada steers through the remaining COVID-19 economic challenges. Chrystia Freeland was sworn in as finance minister after the resignation of Bill Morneau. With such a big change at the most senior levels of the cabinet, it may create… Read More
The Canadian government has introduced legislation to implement the new trade deal between Canada, the United States, and Mexico — the last of the three countries to do so. Deputy Prime Minister Chrystia Freeland tabled Bill C-4, formally known as An Act to implement the Agreement between Canada, the United States of America and the… Read More
Canada, Mexico, and the United States of America have signed off on the final details of the United States-Mexico-Canada Agreement (USMCA). The overall revamping of the 25-year-old North American Free Trade Agreement was accomplished at the end of September, 2018, and negotiators have been on the file ever since to move the agreement closer to… Read More
When Chrystia Freeland, then International Trade minister, was thrust into the NAFTA renegotiation with the Trump administration, she probably thought that would be the greatest challenge of her political career. Little did she know that there was a greater challenge awaiting her back home in Canada just a few years later — that challenge is… Read More
The 25-year-old trade deal known as NAFTA is no more. As of Sunday night, the United States-Mexico-Canada Agreement know as USMCA was born. So what does this mean for producers? Let us break it down for you… Increased market access for American dairy farmers So far, market access into the Canadian dairy sector has been… Read More
An intense round of talks between Canada and the U.S. to modernize the North American Free Trade Agreement (NAFTA) came to an end Friday afternoon without an agreement, but with both sides reporting progress and planning to resume negotiations on Wednesday. “We are continuing to work hard, and we are making progress. We’re not there… Read More
Round eight of the North American Free Trade Agreement (NAFTA) talks has been a month-long process of trying to reach common ground in Washington, with the majority of the chapters yet to be closed. This week, U.S. House Speaker Paul Ryan informed the trade negotiators that in order for Congress to have a chance to… Read More