-
Canada not rushing to post Brexit deal with Britain, as business says keep calm
Ottawa, ON — The Trudeau government is heeding widespread calls to apply some British stiff-upper-lip resolve to the United Kingdom’s Friday exit from the European Union. The advice from business groups stresses that Canada should not rush to negotiate a…
-
High hopes: US, EU and UK all aim for trade deals this year
Davos, Switzerland — The United States, the European Union and what will soon be post-Brexit Britain have all raised the prospect of concluding trade deals between themselves by the end of this year, setting up an intense few months of…
-
UK vote eases corrosive uncertainty hurting businesses
London, UK — British businesses that have been hobbled for three years by fear and confusion over Brexit are getting a break. The U.K. election result means Britain’s departure from the European Union will almost certainly happen — after multiple…
-
For businesses, Brexit is happening already
London, UK — Mylands paint, founded 135 years ago, has survived two World Wars, the Great Depression and the end of the British Empire by adapting its products and practices. So when it was faced with the economic upheaval threatened…
-
Canadian business needs Brexit certainty but Johnson plan only a start: observers
Toronto, ON — Experts warn that a post-Brexit United Kingdom will present Canadian business with tremendous uncertainty about billions of dollars worth of trade and investments, no matter how the British Parliament votes on Saturday. The outcome of the unusual…
-
Brexit divorce talks between UK and EU go down to the wire
London, UK — British Prime Minister Boris Johnson told Cabinet colleagues that it will require a “significant amount of work” to strike a Brexit deal with the European Union, amid signs of progress in last-minute talks but also deep-seated skepticism…
-
Britain wants to avoid no deal Brexit, says British envoy to Canada
Ottawa, ON — Britain’s envoy to Canada says her government wants to avoid a no-deal Brexit departure from the European Union, and its presentation of documents to Brussels on Thursday was a step towards a last-ditch agreement. High Commissioner Susan…
-
Promises of Brexit bonanza look fishy for seafood industry
Eyemouth, Scotland — Netted in Scottish waters, claws snapping and tails flapping, langoustines as pink and fat as hotdog sausages are delicately packed by hand into boxes, each upright in its own individual compartment. The care and attention testifies to…
-
UK planning post Brexit freight service for vital medicines
London, UK — The British government wants to set up an “express freight service” to ensure essential medicines are still available if the U.K. leaves the European Union without a divorce deal. The Department of Health said Thursday it is…
-
Boris Johnson’s ascent heralds stormy economic and political seas for Canada
Ottawa, ON — Boris Johnson pledged a Halloween Brexit for Britain from the European Union, negotiated or not, after being sworn in Wednesday as Britain’s prime minister. With that, there is almost equal certainty that Johnson’s arrival at 10 Downing…
-
Budget watchdog says no deal Brexit will spur UK recession
London, UK — The U.K. will plunge into recession if it leaves the European Union without a divorce deal, with the pound plunging in value and the economy shrinking by 2% in a year, Britain’s official economic watchdog said Thursday.…
-
Brexit delay creates space for Canada, Britain to craft trade deal, envoy says
Ottawa, ON — The prolonged Brexit divorce from the European Union will give Britain more time to forge a proper free trade deal with Canada, says the country’s envoy to Ottawa. Britain is not legally allowed to engage in free…