Business

Report Highlight: FOCALPoint – Focus on Canada-Mexico

July 20, 2010
The new May edition of FOCALPoint focuses on the significant Canada-Mexico relationship. In this edition, which includes an article from Ambassador of Mexico to Canada, Francisco Barrio-Terrazas the often forgotten but important relationship between Canada and Mexico is highlighted. The various authors point to the increase in trade and foreign investment between the two countries as well as the evolving cooperation between Canadian provinces and Mexican states in the areas of agriculture, forestry, environmental management and education.

News Release: Remarks by the President Announcing the President's Export Council

July 12, 2010
President Obama Provides Progress Report on National Export Initiative, Announces Members of the President's Export Council   (Washington, DC - July 7, 2010) Goal of doubling exports over five years to support millions of American jobs is on track WASHINGTON, DC - Today, President Barack Obama will provide a progress report on the National Export Initiative (NEI), which shows that the President's goal of doubling exports and supporting several million new jobs over five years is on track, and that exports in the first four months of 2010 grew almost 17 percent from the same period last year. S

Calderon Visit Includes Strong Words for North American Partners

June 14, 2010
On May 28, 2010, Mexican President Felipe Calderon finished his second visit in ten days to his country's NAFTA partners. The trip included speeches before both nation's legislatures as well as meetings with President Obama and Prime Minister Harper.

Dodd-Frank Wall Street Reform and Consumer Protection Act

July 23, 2010
This financial reform bill received its final vote on July 15, 2010. It was signed by President Obama on July 21, 2010. Read more

Low-cost wireless war heats up

July 23, 2010
For a while, it appeared as if Canada’s incumbent wireless providers would do little about new competitors launching aggressive cellphone products in key urban markets.

Canadians biggest foreign buyers of U.S. properties

July 16, 2010
Canadians bought more U.S. properties than the citizens of any other country in the last year, although financing was a hurdle for many of them. A study by the Chicago-based National Association of Realtors showed Canadians bought 23 per cent of all the homes sold to foreigners from March, 2009, to March, 2010. Mexicans came in second at 10 per cent. The United Kingdom (9 per cent), China (8 per cent) and Germany (7 per cent) rounded out the top five. http://www.theglobeandmail.com/report-on-business/canadians-snap-up-us-properties/article1638310/

Canadian executives confident, but cautious on economic recovery

July 16, 2010
Canadian businesses are still confident, but are girding for a period of tepid growth amid worrisome signs from abroad. They have seen sales improve after the recession, and still plan to invest and hire.