Exclusive: Alberta: EU oil sands ranking threatens ties
BRUSSELS (Reuters) ? The government of Alberta, home to the bulk of Canada's oil sands, has written to EU experts voicing "grave concerns" that the bloc's plans to rank unconventional oil as a highly polluting fuel are unfair and a potential threat to trade ties. With the letter, the provincial government joins Ottawa and the oil industry in a Canadian full-court press to sway the European Union away from labeling one of the country's most lucrative exports as inherently dirty.
EU says can defend Canada oil sands plan at WTO: letter
BRUSSELS (Reuters) - European Union proposals to rank Canadian oil sands as a highly polluting fuel can probably be defended if Ottawa challenges the move at the World Trade Organization (WTO), legal advisers to the EU's executive have said. "The Commission's Legal Service has provided reassurance that the greenhouse gas methodology set out in the implementing directive... may probably be defended in the case of a challenge before the WTO," said a letter sent to EU government experts by the bloc's executive, seen by Reuters on Friday.
Flaherty urges progress on European crisis
OTTAWA (Reuters) - Canadian Finance Minister Jim Flaherty said on Friday he was very concerned about delays in addressing the European debt crisis because it could endanger the global economy, but he remained confident of modest North American growth "We need to get to the goal and delay is the enemy. All they have to do is look at the markets, look at the bond spreads, look at what is happening to certain countries in the world that are going to have to bear an awful lot of the premium to borrow money, so we need to sort that out and get to a conclusion," Flaherty told reporters.
Canada's Libya mission to end in two weeks
OTTAWA (Reuters) - Canada will be contacting its allies in the next few days and arranging for the early end of its Libyan military mission, Prime Minister Stephen Harper said on Thursday. "Our government shall be speaking with our allies to prepare for the end of our military mission in the next few days," Harper said in a statement to reporters in which he also welcomed the news of Gaddafi's death.
Further study urged on virus found in Pacific salmon
SEATTLE (Reuters) - U.S. senators from Alaska and Washington state called on Thursday for more investigation of a contagious and lethal fish virus recently detected for the first time in wild Pacific salmon, alarming marine scientists. The infectious salmon anemia virus, previously limited to Atlantic salmon -- including an outbreak that ravaged Chile's farm-raised salmon industry in 2007 and 2008 -- was found in two out of 48 young sockeye salmon sampled from a British Columbia river inlet, researchers said.
Core inflation hits near 3-year high
OTTAWA (Reuters) - Canada's annual core inflation rate jumped in September to its highest level in nearly three years, causing traders to scale back the likelihood of central bank interest rate cut this year or next. The core rate sped up more than expected to 2.2 percent from 1.9 percent in August, according to Statistics Canada data on Friday. The core index is considered a better gauge of price trends because it excludes eight volatile items including gasoline and food.
Air Canada, cabin crew union to avoid strike
TORONTO (Reuters) - Air Canada and its flight attendants' union on Thursday agreed to avoid a strike and let an arbitrator resolve a bitter and drawn-out labor dispute. Hearings will commence October 28 and a binding arbitration award will be issued on or before November 7, the two sides said in separate statements.
Canada, EU say face hard work on trade treaty
OTTAWA (Reuters) - Canada and the European Union will need to put in "quite a lot of hard work" to settle several key differences in talks on a proposed free trade deal, a senior official said on Thursday. Canada, keen to diversify its exports away from the United States, opened a ninth round of negotiations with the European Union in Ottawa on Monday on a deal that both sides hope will be ready next year. The talks are due to end on Friday.
Canada selects shipyards to modernize Navy
TORONTO/OTTAWA (Reuters) - Canada will sign contracts with shipyards in Nova Scotia and British Columbia under a C$35 billion ($35 billion) shipbuilding program, the largest in the NATO country's history. The government set up the program to revive Canada's shipbuilding industry while modernizing its Navy and Coast Guard, which are still operating some ships that are a half-century old.
Quebec bows to pressure, launches corruption probe
(Reuters) - Quebec's Liberal government bowed to two years of pressure on Wednesday and announced a probe into allegations of corruption in the construction industry in the predominantly French-speaking province. Premier Jean Charest, whose popularity has plunged in recent months amid lurid stories about mafia infiltration of the industry, said parts of the inquiry would be open but some of it would be behind closed doors.
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