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Greater Niagara Chamber of Commerce

Chamber This Week – August 24, 2018

NETWORK

NEWS

Latest interprovincial wine-trade proposals not much to cheer about

Latest interprovincial wine-trade proposals not much to cheer about

Canadians can buy almost any good from another province, but not wine. With the exception of Manitoba, the laws against out-of-province direct-to-consumer shipments stand firm due to liquor retailers who want wine (as well as beer and spirits) sales to go through them as much as possible.

In 2012, the federal government took steps to remove the wine barriers by amending the Importation of Intoxicating Liquors Act (1928). The amendments were unanimously passed in Parliament, and allowed wine to be personally transported or couriered into any province or territory for personal consumption, as defined by the jurisdiction.

Read More in the National Post 

'The old plan wasn't much of a plan': How Ontario's new pot plan targets the black market

‘The old plan wasn’t much of a plan’: How Ontario’s new pot plan targets the black market

Chris Selley spoke with The Financial Post’s Larysa Harapyn about Ontario’s new cannabis retail plan and how it may be better suited to eliminate the cannabis black market.

“[Conservatives] think they can handle this, the existing market that is being served by ‘criminals,’ said Selley, a columnist for Postmedia.

See the Video From The Financial Post 

Tariffs hurting U.S. economy, economists warn, with more pain to come if Trump withdraws from NAFTA

Tariffs hurting U.S. economy, economists warn, with more pain to come if Trump withdraws from NAFTA

Business economists are sounding some sour notes about Trump administration policies, from trade to immigration to the budget, while expecting the short-term boost to growth from Republican tax cuts to lessen over time.

The National Association for Business Economics survey showed 91 per cent of respondents said current tariffs and threats of more to come were having “unfavourable consequential impacts” on the U.S. economy, according to a report released Monday.

Read More