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The U.S. Court of International Trade has been asked to consider the applicability of the Merchandise Processing Fee (MPF) to natural gas imported into the United States via pipeline, an issue that could make a difference of more than $10,000 per month to many importers of natural gas and possibly other commodities imported by pipeline
On the heels of last Friday's $17.4 billion U.S. automaker aid package, Prime Minister Stephen Harper and Ontario Premier Dalton McGuinty jointly announced yesterday, that as a "necessary step to protect the Canadian economy," the Government of Canada and the Government of Ontario have conditionally pledged CDN$4 billion in emergency term loans through the government's Canada Account managed by Export Development Canada (EDC) to support General Motors of Canada Limited and Chrysler Canada Inc., the Canadian subsidiaries of U.S. automakers General Motors Corp. and Chrysler LLC
In a recent report a Canadian task force recommended that the federal and provincial governments of Canada allocate $2 billion to help ease the burden as private sectors begin to invest in the development of carbon capture and storage technology
