Top Business Headlines
 

September 25, 2018

 
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Canada ‘not making concessions’ needed for a NAFTA deal, says U.S. trade chief
Canada ‘not making concessions’ needed for a NAFTA deal, says U.S. trade chief
 

David Lawder

Canada is not making concessions needed to reach a deal with the United States for a trilateral NAFTA pact and is running out of time before Washington proceeds with a Mexico-only agreement, a top U.S. official said on Tuesday.

The administration of President Donald Trump recently began increasing the pressure on Canada, urging it to conclude a deal by Sunday or face exclusion from a revised North American Free Trade Agreement.

U.S. Trade Representative Robert Lighthizer said there was “some distance” between the two sides on issues such as access to Canada’s dairy market and how best to settle trade disputes.

 
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editor's picks

The high cost of unionized contractors
  The high cost of unionized contractors
 

Peter Shawn Taylor

 
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U.S. warns time is running out for Canada on NAFTA as Trump defends ‘America First’ approach
U.S. warns time is running out for Canada on NAFTA as Trump defends ‘America First’ approach
 

Michelle Zilio, Adrian Morrow and Eric Atkins

 
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Notley demands changes to Ottawa’s environmental assessment legislation
Notley demands changes to Ottawa’s environmental assessment legislation
 

Shawn McCarthy

 
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latest posted news

Streetwise newsletter: With Randgold deal, Barrick looks to cut costs; Catalyst-West Face battle heats up
  Streetwise newsletter: With Randgold deal, Barrick looks to cut costs; Catalyst-West Face battle heats up
 
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If takeovers such as Barrick’s make so much sense, why are they so rare?
  If takeovers such as Barrick’s make so much sense, why are they so rare?
 
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Quayside project will benefit Canadian companies, says former Alphabet chair Eric Schmidt
  Quayside project will benefit Canadian companies, says former Alphabet chair Eric Schmidt
 
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With Randgold deal, Barrick looks to trim the rest of its fat
  With Randgold deal, Barrick looks to trim the rest of its fat
 
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Opinion

Barrick’s hiring of Mark Bristow sets up potential clash of strategic visions
  Barrick’s hiring of Mark Bristow sets up potential clash of strategic visions
 

Eric Reguly

Barrick Gold Corp. executive chairman John Thornton has been a great admirer of Randgold Resources Ltd. CEO Mark Bristow and has circled him for years. On Monday, the bromance triggered Barrick’s US$6-billion takeover of Randgold.

It was an effective – though expensive – way for Mr. Thornton to fill the vacant chief executive position at Barrick; Mr. Bristow is to become the head of the enlarged company. Now we know why Mr. Thornton was tempted to leave that position open for four years. As far as he was concerned, there was only one candidate for the job, and that candidate was Mr. Bristow.

 
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MICHAEL BABAD’S BUSINESS BRIEFING

Statistics Canada pegs Q4 cannabis demand at up to $1-billion (but don’t attempt its equation at a pot party)
  Statistics Canada pegs Q4 cannabis demand at up to $1-billion (but don’t attempt its equation at a pot party)
 
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FROM ENERGY & RESOURCES

Eagle Spirit pipeline project could win NEB approval, president says
 
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FROM FINANCIAL SERVICES

Ford government decision is a step backward for investor protection
 
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FROM ECONOMY

NAFTA’s saga so far: A guide to trade, the talks and Trump
 
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FROM TECHNOLOGY, TELECOM & MEDIA

Why Shopify’s Tobi Lutke is wary of U.S. tech giants setting up shop in Canada
 
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FROM INTERNATIONAL BUSINESS

The business of fashion: A look at Michael Kors' purchase of Versace
 
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FROM SMALL BUSINESS

  Black-market cannabis growers hitting roadblocks on the path to legalization
 
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FROM GLOBE CAREERS

How to make a career plan, in three easy steps
 
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INSIDE THE MARKET

  Wednesday’s Fed meeting brings significant downside risks for the loonie
 
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VIDEO

Instagram's co-founders are leaving Facebook
 
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in case you missed it

The oil barons of cannabis: Inside the illicit but lucrative world of ‘shatter’
  The oil barons of cannabis: Inside the illicit but lucrative world of ‘shatter’
 

Ian Brown

 
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product news

ROB Cannabis Professional is a new news service for industry professionals. Subscribers received first access to exclusive stories on Tilray, Aurora, Shoppers Drug Mart, Curaleaf and more last week. What did you miss?
 
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