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B.C. economies 'less exposed' to potential U.S. tariffs: Canadian Chamber of Commerce
B.C. cities, in general, would be among the least vulnerable in Canada if U.S. President Donald Trump follows through on tariff threats, according to new data from the Canadian Chamber of Commerce.
That isn't to say that British Columbia wouldn't suffer: the chamber's chief economist, Stephen Tapp, says those tariffs would be recessionary for the whole country.
"I don't think anybody's really fully insulated from Trump's tariff threats," he told CBC's Daybreak Kamloops guest host Doug Herbert. "But I think that the B.C. economies in our numbers come out a lot less exposed than some of the other places in the country."
The chamber's Business Data Lab looked at Statistics Canada information from 41 cities across Canada with populations of more than 100,000 people. This means the data is lacking when it comes to rural Canadians, who also have a vested interest in Canada's trade relationship with the United States.
From there, they assess how much each city exports to the U.S.
Kamloops, located 253 kilometres northeast of Vancouver, ranked 40th out of 41 cities and would be the second-most resilient in the event the U.S. does impose tariffs on Canadian goods, according to the chamber's calculations. Read more
Health Canada is again warning people to stop using unauthorized sexual enhancement products
Health Canada is warning people that unauthorized sexual enhancement products sold in at least three provinces may pose serious health risks.
In a public advisory published on Wednesday, the agency told people to stop using the 372 different products they'd identified — with names like Spanish Fly 22,000, Rhino 69 and Magnum Gold — and consult a health-care professional if they have any concerns.
Health Canada says it has seized the products from stores in New Brunswick, Quebec and Ontario because they have been found to contain "dangerous ingredients."
"Unauthorized health products have not been approved by Health Canada, which means that they have not been assessed for safety, effectiveness and quality," the agency said.
Last year, Health Canada issued four other warnings about sexual enhancement products, including counterfeit erectile dysfunction drugs seized at Toronto convenience stores. In a similar warning last May, Health Canada identified 421 unauthorized sexual enhancement products sold mostly in Ontario, but also in Quebec, Alberta and B.C. Read more
Regulation would encourage AI innovation, U of Ottawa prof argues after Paris summit
Regulation of artificial intelligence would encourage — not stifle — innovation, says a University of Ottawa professor who presented at last week's global AI summit.
Florian Martin-Bariteau, who is also the university's chair of technology and society, flew across the Atlantic to address world leaders in Paris at a summit meant to set a global agenda for the rapidly developing technology.
Such international summits have been held annually since 2023 and bring together world leaders, researchers and AI companies.
"Not any kind of innovation is good for society," Martin-Bariteau said in an interview with CBC's Ottawa Morning.
"Regulation is not always bad. It can help provide a playbook for innovators, know what they can do, not do, and innovate in a safe environment."
Martin-Bariteau said he was hopeful the summit would allow leaders to develop concrete plans to handle AI, but instead faced a reality that was like "a cold shower."
Conversations at the summit were "light toward commitment" and "lacking big actions," he said. "A lot of people think regulation will stifle innovation."
That was certainly the tone set by U.S. Vice-President JD Vance, who told the summit"excessive regulation of the AI sector could kill a transformative industry just as it's taking off."
What else is going on?
Surprise visitor trapped Chelsea Coles outside of her house in – 30 C weather.
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Vancouver Sun
an hour ago
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OTTAWA — The Liberal government is mulling arming the Canadian Coast Guard as it launches a significant reform of the civilian maritime agency to give it a bigger role in the country's security apparatus. The move is one of many significant changes that the Liberals are planning for the chronically underfunded Canadian Coast Guard (CCG) that Prime Minister Mark Carney has promised to equip with new gear and a new security mandate. On the same day Carney announced his plan to accelerate defence spending this year, his office told National Post Monday that the CCG — which currently reports to the minister of fisheries — would shift to the minister of national defence's portfolio. Start your day with a roundup of B.C.-focused news and opinion. By signing up you consent to receive the above newsletter from Postmedia Network Inc. A welcome email is on its way. If you don't see it, please check your junk folder. The next issue of Sunrise will soon be in your inbox. Please try again Interested in more newsletters? Browse here. The move away from the fisheries minister makes it both likely easier for the CCG's budget to be included in Canada's defence spending in the eyes of NATO and is part of Carney's desire to pivot the 63-year-old civilian agency towards a more security-oriented role. 'Canadians elected our new Government on a strong mandate for change — to protect our borders and defend our sovereignty with increased focus and investment. To that end, the Prime Minister will soon initiate the process of moving the Canadian Coast Guard to the leadership of the Minister of National Defence,' PMO spokesperson Emily Williams said in a statement. 'The change will permit the Coast Guard to fulfill better both its civilian and security responsibilities.' The statement did not say when the changeover would happen, with Williams promising that 'more details will come in due course.' A senior Liberal source also told National Post that the government is considering arming the CCG, though they stressed that no decision has been made yet as officials continue to chart the reform. Arming the CCG, which would be a massive — and costly — change for the special agency that has always been an unarmed civilian organization. 'We're not there yet,' the official said of the decision. The source was granted anonymity to discuss internal government deliberations. The Coast Guard has struggled for years with its mandate, pulled between its various responsibilities such as research, search and rescue, icebreaking, marine protection and coastal surveillance, but without any law enforcement powers. Due to its icebreaking capabilities, it also has unique expertise on the Canadian Arctic within the government. In the recent election campaign, the Liberals promised to give the CCG a new mandate 'to conduct maritime surveillance operations' along with the required equipment. Last week, the Liberals tabled a border security bill that proposes to give the CCG a new security mandate, the power to conduct 'security patrols' and the ability to share information with the military and intelligence agencies. In an interview, former CCG Commissioner Jody Thomas said the agency is long overdue for significant reform and that she'd been 'nagging' the government to move the agency to the defence or public safety portfolio for years. 'It is a major change, and I think it's an important change. I think that this is just another signal that Canada is changing its perspective on our own sovereignty,' said Thomas, who was also headed the Department of National Defence and was National Security Advisor to Prime Minister Justin Trudeau. Regarding armaments, she said that icebreakers currently under construction have been fitted for, but not with, weapons, meaning that arming them would be a relatively straightforward task. The real challenge of arming the Coast Guard, she warned, is training. 'It's a very expensive decision, not for the weaponry, but for the training and the constant preparation and exercising that's required,' she said. 'The Navy is always in training… for what's coming. The Coast Guard is out there working. So, it's a very different fleet and with very different purposes.' There are also talks within government of switching the Coast Guard from a special operating agency, which is still part of its host department, into a departmental agency with its own governing legislation that reports to the Minister of National Defense. I think that this is just another signal that Canada is changing its perspective on our own sovereignty In an interview in late May, Thomas argued that that needs to happen. 'It does need to be a legislative agency, the special operating agency status right now, that's a very flimsy sort of architecture and legal basis for an agency' with a security focus, Thomas said. A chronic challenge for the Coast Guard has been the deteriorating condition of its fleet while it operates on a 'shoestring' budget, according to Thomas. As of November, the CCG had 18 icebreakers , making it the second-largest icebreaking fleet in the world. Its fleet registry shows it has just over 120 ships on duty, the majority of which are small rescue vessels. But the aging fleet is also deteriorating rapidly, with ships spending more time in repairs and less time in the water. 'The CCG's aging vessels are becoming more costly to maintain and are more frequently taken out of operation for unscheduled repairs, placing further strain on the remaining fleet,' the agency said in its 2024-2025 department plans report . 'The need to replace the vessels has never been more important.' In March, the federal government contracted two new polar icebreakers which are expected to be delivered between 2030 and 2032. But Thomas said the coast guard has much bigger needs. 'We're one of the few countries that uses the same fleet for northern and southern ice breaking. We ice break year-round, essentially,' she said. 'So, you have to look at the wear and tear on the ship and the things you want them to do, and the places you want them to be, and they're going to have to plan the fleet accordingly.' National Post cnardi@ Get more deep-dive National Post political coverage and analysis in your inbox with the Political Hack newsletter, where Ottawa bureau chief Stuart Thomson and political analyst Tasha Kheiriddin get at what's really going on behind the scenes on Parliament Hill every Wednesday and Friday, exclusively for subscribers. Sign up here . Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark and sign up for our daily newsletter, Posted, here .