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Canadian Foreign Minister Chrystia Freeland said Friday “good progress” was being made in the most recent talks to renegotiate the North American Free Trade Agreement, following a meeting in Washington with her counterparts in Mexico and the U.S.

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“The Trump administration is preparing for a possible vote on a new NAFTA deal this summer, sources close to the administration tell the Washington Examiner” writes Ap Photo Rebecca for washingtonexaminer.com. The Trump administration had demanded much higher standards, stalling progress, but has since made a “creative proposal” that has put new energy in the talks, Freeland said. One possibility was withdrawing from the existing NAFTA treaty before submitting the new one to Congress, obliging lawmakers who prefer the status quo to approve the new deal if they want to…

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JPMorgan, National Bank of Canada, others test debt issuance on blockchain

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“Blockchain is in the early stages of development in the financial industry, but JPMorgan is optimistic about its potential, Farooq said” writes Midwest Communications Inc for 95kqds.com. The spin-off discussions are in the early stages and the bank has received interest from financial institutions and large enterprise technology companies, Farooq added.The platform was built over more than a year using Quorum, a type of open-source blockchain that JPMorgan has developed inhouse and is in discussions to spin off.JPMorgan is considering spinning off Quorum because the technology has attracted significant outside…

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Credit experts in Canada warn of creeping negative equity

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“Rising negative equity will likely keep some buyers out of the market for a new vehicle, instead pushing them into the used market” writes John Irwin for autonews.com. Because the average term now exceeds 72 months, these consumers are breaking their loans before they have eliminated negative equity and begun accumulating positive equity.” Fabian said rising negative equity rates could have an impact in other areas.Dark clouds appear to be gathering over the credit landscape in Canada, and the forecast is beginning to look like pain.He said investigations into reports…

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Figure skating: Canadian former world champion Chan announces retirement

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“(Reuters) – Canada’s Patrick Chan, a Winter Olympic gold medalist and three-time world champion, announced his retirement from competitive figure skating on Monday” writes Midwest Communications Inc for 95kqds.com. For a period of time, Chan was considered the dominant athlete in men’s figure skating winning three consecutive world championship titles from 2011 to 2013. Source: 95kqds.com Share This:

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U.S., Mexico and Canada hasten NAFTA talks as elections loom: Pena Nieto

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“We agreed to keep up work towards reaching a deal and to summon our special negotiating teams to accelerate their efforts,” Pena Nieto told reporters after meeting Pence” writes Midwest Communications Inc for 95kqds.com. With U.S. mid-term congressional elections also pending in November, Trudeau said Canada would defer to Mexico and the United States on a timeline. Source: 95kqds.com Share This:

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McDavid named in Team Canada for world championships

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“(Reuters) – Edmonton Oilers’ Connor McDavid, the NHL’s leading scorer, headlined a list of players named in Canada’s team for the ice hockey world championships, Hockey Canada said on Thursday” writes Midwest Communications Inc for 95kqds.com. The world championships will be staged from May 4-20 in Copenhagen and Herning, Denmark.Team Canada won gold at two of the last three worlds, going undefeated in the 2015 tournament in the Czech Republic and shutting out Finland in the 2016 gold-medal game in Russia. Source: 95kqds.com Share This:

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14 people were killed and 14 others were injured following a fatal bus crash in Canada

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“Authorities told The Canadian Press the crash occurred at about 5 p.m. when a truck collided with the bus” writes Brendan O’brien for businessinsider.com. “The Broncos bus crashed on the way to Nipawin tonight Ryan is in hospital.Fourteen other people on the bus, transporting the Humboldt Broncos, were injured in the crash late on Friday and taken to hospitals throughout the Tisdale area, about 300 km north of Regina, The Canadian Press reported. Source: businessinsider.com Share This:

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Junior hockey team’s bus crashes in Canada, 14 killed

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“Authorities told The Canadian Press that a crash occurred at about 5 p.m. when a truck collided with the bus” writes Aol Staff for aol.com. Fourteen other people on the bus, transporting the Humboldt Broncos, were injured in the crash late on Friday and taken to hospitals throughout the Tisdale area, about 300 km north of Regina, The Canadian Press reported. Source: aol.com Share This:

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Canada, B.C. in joint investigations of Facebook, AggregateIQ

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“Facebook Canada said on Wednesday that more than 600,000 Canadians had their data “improperly shared” with Cambridge Analytica” writes Midwest Communications Inc for 95kqds.com. The Office of the Privacy Commissioner of Canada said the probes, which broaden two existing investigations, will look at whether the companies broke federal and provincial personal privacy rules. The two agencies will now jointly investigate the companies, as they are subject to both federal and provincial personal privacy laws.Canada’s privacy commissioner launched an investigation of Facebook in March after the New York Times and London’s…

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Tech workers are fleeing the United States to work in Canada

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“Of the international applicants who applied, 82% were from the US. The study’s results correspond with a survey MaRS conducted earlier last year, in which several Toronto-based startups reported newfound interest in their companies from US applicants” writes Zo Bernard for businessinsider.com. American tech workers could be interested in joining the Canadian workforce for several reasons: Both Toronto and Vancouver are gradually becoming established tech hubs that are attracting international talent. (Last year, Business Insider ranked them in the top 25 most high-tech cities in the world.) Another factor is…

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