The White House and congressional Democrats have opened talks to resolve outstanding details that have thus far held up the new North American trade deal, according to people briefed on discussions between House Speaker Nancy Pelosi and trade chief Robert Lighthizer.
“The banking system in Canada is quite sound and I think the policies that have been introduced to reduce debt will enhance financial stability and financial resilience,” IMF mission chief for Canada Cheng Hoon Lim told BNN Bloomberg in a Tuesday interview.
The Trump administration is preparing to announce another round of aid to farmers hurt by the trade war with China as soon as Thursday, people familiar with the plan said, a package of assistance that could exceed $15 billion.
In an interview with BNN Bloomberg, Rob Wildeboer said that while the automotive parts manufacturer did not feel any material impact from the tariffs, the official end of the levies on Monday removes uncertainty that was hurting industries.
The International Monetary Fund is warning that Canada should not relax housing regulations, saying that the country’s real estate market still needs to cool down amid high consumer debt levels.
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