Tag Archives: Ca

White House Says Obama Would Veto Keystone Pipeline Bill

By Coral Davenport

President Obama will veto a bill authorizing the construction of the Keystone XL oil pipeline if it passes Congress, his spokesman said on Tuesday, setting up a clash between the White House and the new Republican-led Congress.

“I would not anticipate that the president would sign this legislation,” Josh Earnest, the White House press secretary, said during a briefing. He later clarified that the president would indeed veto the bill.

The Keystone bill was the first introduced in the Senate in the new Congress, and Senator Mitch McConnell of Kentucky, the new majority leader, has vowed to make it the first measure sent to the president’s desk. The House is expected to pass the bill on Friday, while the Senate is expected to take up the measure next week.

It was widely expected that Mr. Obama would veto the measure. As written, the bill would remove the requirement that the president authorize the construction of the oil pipeline to Canada, and instead give that authority to Congress. Mr. Obama issued a veto threat to a similar bill passed by the House in 2013.

News courtesy » The New York Times »» FirstDraft
Learn more » http://www.nytimes.com/politics/first-draft/2015/01/06/?entry=7990&action=click&contentCollection=Personal%20Tech&region=Footer&module=TopNews&pgtype=article

– – – – – –
More » via Twitter » Sanders Statement on Tar Sands Pipeline Veto Threat
See more » http://www.sanders.senate.gov/newsroom/press-releases/sanders-statement-on-tar-sands-pipeline-veto-threat

Canadian dollar sinks

 

Weaker loonie won’t save Canada’s low-skilled manufacturing sector, top economist says

By Greg Quinn, Bloomberg News

Canadian makers of goods such as dishwashers shouldn’t look to a depreciation of the nation’s currency to save their businesses, said Carl Weinberg, chief economist at High Frequency Economics.

Parts of Canada’s manufacturing industry will be wiped out by lower-cost Asian rivals, according to Weinberg, who said the country doesn’t have any competitive advantage when it comes to the business of bolting together cars and appliances from imported kits.

Read more » Financial Post
See more » http://business.financialpost.com/2014/10/02/weaker-loonie-wont-save-canadas-low-skilled-manufacturing-sector-top-economist-says/

CANADA – Economy slows to worst quarter since 2012

OTTAWA – Canada’s economy suffered through its worst quarter in more than a year during the first three months of 2014, as activity slowed in many key sectors, particularly business investment.

Due in part to the unusually harsh winter, economic growth fell to a surprisingly weak 1.2 per cent annualized rate, the slowest quarterly pace since the fourth quarter of 2012, when the growth rate was 0.9 per cent.

As well, for the month of March, gross domestic product inched forward by only 0.1 per cent, suggesting a weak hand off to the second quarter.

Statistics Canada also revised downward the fourth quarter growth rate from the previously reported 2.9 to 2.7 per cent, and January’s strong 0.5 per cent GDP reading was trimmed back to 0.4.

Read more » msn NEWS
http://news.ca.msn.com/canada/economy-slows-to-worst-quarter-since-2012-2

Canada surprises with April jobs loss: Canada’s economy lost 28,900 jobs

flagCaCanada surprises with April jobs loss; trails U.S. employment pace

By Louise Egan

OTTAWA, May 9 (Reuters) – Canada’s economy lost 28,900 jobs in April, Statistics Canada said on Friday in a report that revealed across-the-board weakness in a labor market that is stalled and has been adding jobs at a more sluggish pace than in the United States.

The report suggests economic growth has not been gathering the speed that was expected in the second quarter and that business confidence is still shaky.

Read more » Reuters
http://www.reuters.com/article/2014/05/09/canada-economy-jobs-idUSL2N0NU26Y20140509?feedType=RSS&virtualBrandChannel=11563

Joining hands

In this crucial moment of need we should stand all together and do our best is the order of the day. Sindhi Association of North America (SANA) and World Sindhi Congress (WSC) (USA & Canada Chapter) have joined hands together and doing at their maximum. Nevertheless Sindh Doctors Association UK (SDA) along with parent organization Sindh Development Alliance (SDA) deserves lot of appreciation and encouragements for donating generously for the relief efforts.

Continue reading Joining hands