Honda offers tariff solution
Article Abstract:
Honda Canada Inc. has proposed to Ottawa, Canada, that non-auto pact firms that attain a set level of sales be permitted to import a particular percentage of their cars duty-free from outside North America so that they can round out their lines of product. Ottawa will be the one to determine the level of sales and percentage of cars permitted in duty-free. Canada presently levies a 6.7% tariff on cars that are imported from outside North America by firms that were not included in the 1965 Canada-US auto pact. Honda could reduce the price of its Honda CR-V sport utility car by around C$1,800 if the car is not covered by Canada's auto tariff.
Comment:
Proposes to Ottawa that non-auto pact cos that reach set level of sales be allowed to import percentage of their cars duty-free
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 1998
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MEC, Churchill Downs saddle up in racing deal
Article Abstract:
The formation of a company called TrackNet Media Group LLC by Magna Entertainment Corp. and Churchill Downs Inc. for the broadcast of horse races on television is discussed. The efforts of the two companies to revive public interest in horse racing are described.
Publication Name: Globe & Mail (Toronto, Canada)
Subject: News, opinion and commentary
ISSN: 0319-0714
Year: 2007
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