Auto trade surplus soars

Article Abstract:

Canada's automobile trade surplus with the US reached C$14.8 billion in the 1st half 1998, up by 100% from C$7.4 billion in the 1st half 1997. On the other hand, the trade deficit with Japan increased from $2.24 billion to C$2.47 billion while the value of finished vehicles exported to Japan more than doubled to C$79 million in the 1st half 1998 compared to the corresponding period in 1998.

Foreign trade, Automobiles, Automobile Manufacturing

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Alberta warns Ottawa on taxes

Article Abstract:

Ottawa's proposal to remove the tax break for oil sands projects has been criticized by Alberta finance minister Lyle Oberg. The cancelling of tax breaks could hamper development in oil sands and thus hit Alberta's economy.

Public affairs, Taxes, Alberta, Taxation, Economic aspects, Political activity, Tax policy, Cabinet officers, Cabinet officials, Ottawa, Ontario, Oil sands, Oberg, Lyle

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