Eleven of 21 industries registered setbacks. The volume of sales, used in calculating gross domestic product, fell 0.3 percent. The report suggests manufacturing will contribute little to monthly GDP and supports the Bank of Canada’s move to downgrade its growth forecast for the third quarter to between 2.0 and 2.5 percent from 3.8 percent, annualized. “Manufacturing has stagnated in 2013 and not much positive momentum should be expected over the balance of the year as the prospects of a healthy recovery in the U.S. into the fourth quarter look precarious,” said Mazen Issa, an economist with TD Securities. After weeks of bitter fighting, U.S. lawmakers prepared on Wednesday to put forth a proposal to raise the debt limit and reopen a partially shuttered government in hopes of avoiding a historic default which could throw the economy back into recession. Canada sells about 75 percent of its exports in the United States. “Even if a short-term deal is brokered to extend the deadline into early next year, uncertainty will hang in the balance leaving the Canadian manufacturing industry in limbo,” Issa said in a note to clients. Year on year, sales were up by just 0.3 percent in current dollar terms and down 2.1 percent in volume. Growth in the Canadian economy has disappointed this year, Bank of Canada Governor Stephen Poloz said on Friday, and August trade data released last week showed exports were still not providing the much-wanted boost in the third quarter. Factory sales and exports both remain below their pre-recession peaks. In August, motor vehicle assembly plants saw their sales slide 2.5 percent, reflecting unusually meager gains after maintenance shutdowns in July, Statscan said.
A spokesman for Harper said the prime minister will fly to Brussels on Thursday. An agreement-in-principle is expected to be concluded Friday by Harper and European Commissioner Jose Manuel Barroso. Yves Leduc, director of international trade for the Dairy Farmers of Canada, said he’s been told by a Canadian government official that an agreement in principle has been reached and that the European Union’s 28 members and Canada’s 10 provinces have to approve it. Canada has agreed to permit a doubling of the EU quota on cheese exports to Canada in exchange for greater access for Canadian beef and pork producers. Leduc said Canada’s cheese industry is angry because it threatens the fine cheese market in Canada. “For the dairy farmers of Canada this is a deal that is unacceptable. We’re more than disappointed,” Leduc said. “It will allow significant access of high quality or fine cheeses into Canada, a segment that is supplied by the smaller or medium size cheese factories in Canada.” Harper has said that a free trade deal between his country and the European Union could help the EU establish a beachhead as they embark on separate free trade talks with the U.S. If a U.S.-EU trade deal is reached, it could be the world’s largest free trade pact. Canada hopes to diversify Canada’s trade away from the U.S., the country’s largest trading partner. Canada’s finance minister has said despite Europe’s struggles, Canada remains very interested because the EU is still the largest market in the world in terms of the size of its middle class. The Canada-EU deal would make it easier for Canadian companies to invest in, and sell to, the 17-member EU with its 500 million consumers. In 2012, Canada was the EU’s 12th most important trading partner, accounting for 1.8 percent of the EU’s external trade. The EU was Canada’s second biggest partner with about 9.5 percent of external trade. The value of the bilateral trade in goods between the EU and Canada was $84 billion in 2012, according to the EU.
Canada: Who Will Keep an Eye on the Spies?
Canada: Who Will Keep an Eye on the Spies? Privacy coalition formed amidst surveillance concerns By Justina Reichel , Epoch Times | October 17, 2013 Last Updated: October 16, 2013 11:37 pm Justice Minister Peter MacKay. A new coalition have been formed to watch out for Canadians’ privacy amidst mounting concerns over online government surveillance and fears that MacKay is planning to reintroduce Bill C-30. (The Canadian Press/Chris Young) It has grown secretive, it’s expensive, and it’s out of control. David Christopher, OpenMedia.ca Complaints Over Ford Brothers Drug Allegation Coverage Rejected Canadian Dollar Closes Higher as US Debt Deal Reached Mounting concerns over online government surveillance have spurred more than 30 organizations to form a coalition that aims to watch out for Canadians privacy rights. The move comes amidst revelations that Canadas ultra-secretive electronic spy agency may have illegally targeted Canadians within the past year, and fears that the controversial Protecting Children from Internet Predators Act could be re-introduced now that Parliament has resumed. The Protect Our Privacy Coalition spans the left-right political spectrum and includes citizen-based and civil liberties groups, privacy advocates, First Nations, labour groups, businesses, and academic experts. [The coalition] was formed in response to the concerns Canadians have over the governments dragnet collection of our really sensitive and private information, says David Christopher, communications coordinator for OpenMedia.ca, an open-internet advocacy group leading the coalition. It has grown secretive, its expensive, and its out of control. According to Sharon Polsky of the Privacy and Access Council of Canada, a member of the coalition, there are more than 100 federal laws that allow sensitive data to be gathered, used, and shared internationally without anyones knowledge or consent. The main force behind this data collection is the Communications Security Establishment Canada (CSEC), whose operations will soon be housed in a new $1.2 billion complex in Ottawathe most expensive Canadian government building ever constructed. But recent revelations have brought to light questionable discernment in the agencys surveillance practices, and critics say oversight is sorely lacking. In August, CSEC watchdog and retired judge Robert Decary said the agency could be engaging in potentially illegal spying during a review of its activities over the past year. A small number of records suggested the possibility that some activities may have been directed at Canadians, contrary to the law, Decary wrote in his report, saying he was unable to conclude whether the snooping was legal or not because of unclear and incomplete records. CSEC has also been linked to the infamous National Security Agency phone and Internet surveillance program in the U.S., leaked earlier this year by Edward Snowden. The Canadian agency played a role in the NSAs efforts by handing over control of an international encryption standard that allowed it to build a back door to encrypt data, according to documents obtained by the New York Times. More Oversight Needed Leading cyber-researcher Ron Diebert has warned that oversight of CSEC is really thin, and its historically cozy relationship with the NSA could put Canadians at risk of surveillance. In the latest scandal, it was revealed last week that CSEC has been conducting industrial espionage against Brazil on behalf of the NSA. These revelations have prompted concerns that the spying could do permanent damage to Canadas relationship with Brazilan important Latin American ally. It really points to the fact that we need much greater oversight and much greater transparency over what [CSEC] is up to, says Christopher. Canadians deserve a public, democratic debate about CSEC and the role that it should play, because CESC is conducting these activities in the name of all Canadians. The governments Privacy Commissioners office has said it wants to find out more about CSECs activities and is conducting its own investigation into whether the agency is illegally spying.