What are the chances of a U.S. trade deal by Aug. 1?
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Winnipeg Free Press
24 minutes ago
- Winnipeg Free Press
U.S. imposing 20.56% anti-dumping duties on Canadian softwood
VANCOUVER – British Columbia lumber organizations are condemning the decision by the U.S. Commerce Department to raise anti-dumping duties on Canadian softwood to 20.56 per cent, calling them unjustified, punitive and protectionist. The B.C. Council of Forest Industries issued a statement Friday saying the trade action will harm workers, families and communities across the province and Canada. The council is calling on the Canadian government to make finding a resolution to the softwood dispute a top national priority, saying the latest escalation from the Commerce Department shows they can't wait for the United States to act. The B.C. Lumber Trade Council says in a separate statement that if the U.S. department's pending review on countervailing duties is in line with its preliminary results, the combined rate against Canadian softwood shipped to the United States will be well over 30 per cent. Prime Minister Mark Carney said earlier this month that a future trade agreement with the United States could include quotas on softwood lumber, an area that has caused friction between two countries for years before the latest trade war. The American department had issued a preliminary anti-dumping rate in March of 20.07 per cent, up from 7.66 per cent set three years before, which is in addition to the countervailing duties of 6.74 per cent. Wednesdays What's next in arts, life and pop culture. 'This decision represents yet another example of ongoing U.S. protectionism at a time when cross-border co-operation should be a shared priority,' the statement from the B.C. Lumber Trade Council said. The B.C. Council of Forest Industries said the provincial government could make a number of changes that would help the industry keep mills operating. By activating timber sales, fast-tracking permits and cutting through regulatory gridlock, it said B.C. could send a signal that it is serious about rebuilding a sustainable forest sector. 'These unjustified and punitive trade actions continue to harm workers, families, and communities across British Columbia and Canada — and have gone unresolved for far too long,' the statement from the council said. This report by The Canadian Press was first published July 25, 2025.
CTV News
24 minutes ago
- CTV News
Pura Scents recalling more than 850,000 diffusers sold in Canada, U.S. for being an ingestion hazard
Pura Scents is recalling more than 850,000 diffuser covers because some magnets may detach and cause a possible ingestion hazard to children. The company is recalling the detachable covers for about 851,400 Pura 4 Smart Home Fragrance Diffusers. It said an additional 1,100 were sold in Canada. Pura Scents said that the magnets on the inside cover of the product can detach, posing an ingestion hazard to children. When high-powered magnets are swallowed, the ingested magnets can attract each other, or other metal objects, and become lodged in the digestive system. This can result in perforations, twisting or blockage of the intestines, infection, blood poisoning and death. The company has received three reports of magnets detaching from the cover. No injuries have been reported. The diffusers were sold at Target, Scheels and other stores nationwide from August 2023 through May 2025 for about $50. They were also sold online through Pura's website, as well as online at Amazon, Target and Scheels. Pura Scents is offering a free replacement cover. Consumers are advised to immediately dispose of the existing detachable cover and to keep the diffusers out of the reach of children and pets. To receive the free replacement cover, individuals may contact Pura Scents at 855-394-5292 from 9 a.m. to 5 p.m. MT Monday through Friday. The company can also be emailed at replacement@ Consumers may also visit the company's website and click on 'Recall' at the bottom of the page for more information. Michelle Chapman, The Associated Press
Globe and Mail
24 minutes ago
- Globe and Mail
ECN Capital Schedules Q2-2025 Conference Call
TORONTO, July 25, 2025 (GLOBE NEWSWIRE) -- ECN Capital Corp. (TSX: ECN) ('ECN Capital' or 'the Company') announced today that it intends to file its financial statements and management discussion and analysis for the three-month period ended June 30, 2025, after markets close on Thursday, August 7, 2025. The Company will host an analyst briefing to discuss these results commencing at 5:30 PM (ET) on Thursday, August 7, 2025. The call can be accessed as follows: Webcast Toll-free dial in North America 1-888-304-1803 International 1-848-488-9277 Presentation slides A telephone replay of the conference call may also be accessed until September 8, 2025, by dialing 1-800-645-7964 and entering the passcode 5036#. About ECN Capital Corp. With managed assets of US$7.2 billion, ECN Capital Corp. (TSX: ECN) is a leading provider of business services to North American based institutional investor, insurance company, pension plan, bank and credit union partners (collectively our 'Partners'). ECN Capital originates, manages and advises on credit assets on behalf of its Partners, specifically consumer (manufactured housing and recreational vehicle and marine) loans and commercial (floorplan and rental) loans. Our Partners are seeking high quality assets to match with their deposits, term insurance or other liabilities. These services are offered through two operating segments: (i) Manufactured Housing Finance, and (ii) Recreational Vehicles and Marine Finance. Contact
