‘Trump is coming' for USMCA: What to expect with upcoming trade talks
CTV News political commentator Scott Reid on what's next for trade talks between Canada, the U.S. and Mexico.
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Globe and Mail
10 minutes ago
- Globe and Mail
Brazil requests consultations at World Trade Organization over Trump's tariffs
RIO DE JANEIRO (AP) — Brazil requested consultations at the World Trade Organization over tariffs imposed by U.S. President Donald Trump against the South American nation that went into effect on Wednesday. Trump has directly tied the 50% tariff on many imported Brazilian goods to the judicial situation of his embattled ally, former President Jair Bolsonaro, who is currently under house arrest. "The United States has flagrantly violated key commitments the country has agreed upon at the WTO, such as the principle of the most favored nation and tariff ceilings negotiated at that organization,' Brazil's foreign ministry said in a statement. The most favored nation principle is a cornerstone of Geneva-based WTO, whose aim is to get countries to respect trade agreements. The principle directs its members to treat each other equally in trade. WTO panels are set if no agreement is reached in disputes between members. 'Brazil's government reiterates its availability for negotiation and hopes these consultations contribute to a solution to the matter,' the Brazilian foreign office said. The U.S. government has not made comments about Brazil's move. Earlier, a Brazilian government official told The Associated Press Brazil understands that the case could drag on and there's no guarantee of success. The official, who wasn't authorized to discuss the matter publicly, spoke on condition of anonymity. Brazilian President Luiz Inácio Lula da Silva has repeatedly said that the trade body needs a revamp to be enabled to mediate in conflicts. Brazil's government estimates that 35.9% of the country's goods shipped to the American market have been affected. That is about 4% of Brazil's total exports. Trump directly tied the 50% tariff on imported Brazilian goods to the judicial situation of his embattled ally, former President Jair Bolsonaro, who is currently under house arrest. Last month, Bolsonaro was ordered to wear an electronic ankle monitor and to obey a curfew while the proceedings are underway. Lula is yet to speak about the move. On Tuesday, the leftist leader said he wouldn't call Trump to talk about trade 'because he doesn't want to' speak about it. Lula said that he might instead 'invite him to attend (November's climate summit) COP in Belem.'
Globe and Mail
10 minutes ago
- Globe and Mail
Strategic Growth in the Global X-Ray Detectors Market (2025-2030)
"Originally a part of Varian Imaging, Varex Imaging Corporation has expanded to become a world leader in producing and selling medical imaging devices, catering to industries like cargo screening and border security." key players operating in the global X-ray detectors market are Varex Imaging (US), Canon (Japan), Thales Group (France), Analogic Corporation (US), Agfa-Gevaert Group (Belgium), Carestream Health (US) The global X-ray detectors market is on a trajectory of sustained growth, projected to expand from US$3.4 billion in 2025 to US$4.4 billion by 2030, advancing at a CAGR of 5.5%. As digital transformation accelerates across healthcare, defense, and industrial sectors, X-ray detector technologies have become a key enabler of high-stakes decision-making, operational efficiency, and national security. For C-level executives and senior decision-makers, this evolution represents more than a technological upgrade—it's a strategic opportunity for ROI, innovation, and competitive advantage. Download PDF Brochure: Healthcare, Defense, and Beyond: Why the X-Ray Detectors Market Is Booming X-ray detectors are no longer limited to diagnostic imaging in hospitals. They are transforming border security, aerospace inspections, homeland defense, and precision medicine, thanks to major advances in flat-panel technologies, backscatter X-rays, and photon-counting detectors. Here's why this market matters for enterprise leaders: Security and Defense Digitization: Airports, seaports, and critical checkpoints are integrating advanced X-ray imaging to combat emerging threats. High-resolution, real-time detection of concealed weapons, explosives, and contraband is now critical for national and global security. Medical Imaging Modernization: As healthcare systems digitize globally, the shift from analog to flat-panel digital radiography ensures higher throughput, faster diagnostics, and improved patient safety—delivering both clinical value and operational cost savings. Industrial Inspection & Automation: Rugged and handheld detectors are increasingly used for non-destructive testing (NDT) in aerospace, oil & gas, and manufacturing—ensuring safety, compliance, and uptime in mission-critical systems. Market Leaders & Strategic Differentiators Varex Imaging (US): Diversification and Deep Sector Expertise Varex Imaging exemplifies the market's transition from traditional radiology to multisector innovation. With strong capabilities across medical, industrial, and security imaging, Varex's inorganic growth strategy—driven by acquisitions and global expansion—makes it a versatile partner for OEMs and system integrators. Their investment in AI-enabled imaging and advanced detector materials positions them as a formidable player in custom and scalable detector design. Thales Group (France): Security and Medical Fusion Through its Trixell division, Thales provides state-of-the-art flat-panel detectors for OEMs across radiography, fluoroscopy, and cardiovascular applications. The company's legacy in defense and secure communications complements its healthcare imaging operations—making it uniquely positioned to lead in dual-use imaging systems for civilian and military applications. Canon Inc. (Japan): Ecosystem Strength in Healthcare Canon leverages its expansive global network and R&D capabilities across digital radiography, CT, and MRI systems. The firm's seamless integration of X-ray detectors within a broader portfolio of diagnostic tools enables healthcare institutions to modernize imaging infrastructure holistically—reducing downtime, radiation exposure, and diagnostic uncertainty. Request Sample Pages : Technology Spotlight: Flat-Panel Detectors Drive Value Flat-panel detectors (FPDs), particularly those using cesium iodide (CsI), dominate the technology landscape due to: Superior Image Resolution: Ideal for early detection of chronic conditions like cancer or cardiovascular disease. Reduced Radiation Dosage: Enhances patient safety and supports regulatory compliance. Faster Image Acquisition: Improves clinical workflow and diagnostic throughput. With hospitals and imaging centers under pressure to improve diagnostic accuracy while managing costs, FPDs represent a high-ROI investment with proven clinical and operational benefits. Geographic Growth Hotspots: Strategic Markets to Watch North America remains the most mature market, driven by advanced infrastructure, strong reimbursement systems, and early adoption of AI-enhanced imaging. Asia Pacific is rapidly expanding due to increased healthcare spending, government initiatives in rural diagnostics, and a rising middle class demanding high-quality imaging. Europe continues to innovate through public-private partnerships, particularly in preventive care and cancer diagnostics. Global players are expected to deepen regional partnerships and invest in localized production to navigate shifting trade regulations and accelerate time to market. Investment Outlook: ROI and Strategic Benefits For C-suite leaders, the X-ray detectors market offers: Long-term ROI: Upgrading to advanced detectors can result in 10–20% operational efficiency gains, reduced maintenance costs, and improved service turnaround times. Innovation Advantage: Early investment in photon-counting or AI-integrated detectors can differentiate offerings in competitive bids or tenders. Sustainability Impact: Digital detectors reduce chemical waste (vs. film-based systems), support greener operations, and align with ESG mandates. Future Outlook: AI, Photon Counting, and Space Applications Looking forward, the X-ray detector market is being reshaped by: Photon-Counting Detectors: Emerging as a disruptive force with unparalleled resolution and low-dose imaging for precision diagnostics. AI & Predictive Imaging: Integration with artificial intelligence enhances image interpretation, triage, and workflow automation—enabling faster, more accurate decisions. Space & Deep Tech Applications: X-ray systems are being explored for use in satellite inspections, asteroid mining, and extraterrestrial exploration, unlocking new industrial frontiers. Key Takeaways for Decision-Makers Strategic Priority Value Proposition Modernize Imaging Infrastructure Enhance speed, accuracy, and ROI Align with National Security Demands Adopt advanced X-ray tech for defense & border safety Leverage ESG & Sustainability Transition to greener, digital imaging systems Capitalize on Global Expansion Target high-growth regions and partner with OEMs Invest in R&D and Innovation Future-proof your portfolio through emerging tech Ready to Lead the Next Wave of Imaging Innovation? The X-ray detectors market presents an intersection of innovation, resilience, and growth. Enterprises that invest now in next-generation detector technologies will be better equipped to meet rising demand, navigate regulatory shifts, and deliver exceptional value to customers. For more information, Inquire Now!
CTV News
10 minutes ago
- CTV News
Toronto's El Mocambo will continue as concert venue: new owner
Our Lady Peace play to a packed crowd as they mark the re-opening of the iconic Toronto music venue The El Mocambo on Saturday, October 30, 2021. THE CANADIAN PRESS/Chris Young A spokesperson for the new owner of the El Mocambo says concerts will continue to be held at the storied Toronto music venue after former owner Michael Wekerle defaulted on nearly $56 million in loans tied to the property. In an interview with CTV News Toronto on Wednesday, the director of operations for the company that bought the 77-year-old club says it will be 'nothing too different' from its current iteration. 'The intent is to do it better. To manage operations with a little bit more rigor,' Neil Kerr said on behalf of Cyrus Madon, a longtime executive at Brookfield Asset Management, whose purchase of the venue's assets was approved by an Ontario court on Tuesday. 'Cyrus, he's pretty passionate about music, it's a passion that he's probably had for 50 years… He and his wife are strong supporters of Canadian musicians and charities. There are certainly going to be some charitable functions that are held at the venue as well. I think it's a very, very positive story.' Kerr did not disclose the purchase price of the property. The sale is expected to close in the coming weeks. Wekerele, who became a household name after his time as a star on CBC's 'Dragons' Den,' bought the El Mocambo in 2014 for $3.8 million and spent $35 million to improve the space. The businessman's passion project officially reopened in 2021 after a to-the-studs renovation and delays brought on by the COVID-19 pandemic. Court documents filed earlier this year showed Wekerle had defaulted on nearly $56 million in loans linked to the space. A spokesperson for the El Mocambo told The Canadian Press that Wekerle is not involved in the deal to sell the property. In a statement to The Canadian Press, Wekerle called the sale of the venue 'very important' to its future. 'I endorsed the purchaser and feel he is like-minded and will preserve the integrity of the El Mo,' he said. The small, two-storey concert venue fell into financial trouble in the 90s and early 2000s after playing host to legendary acts like The Rolling Stones and U2 in the 70s and 80s. After closing and re-opening under a number of owners, it finally shuttered. It's unclear when the venue will reopen under the new ownership. With files from The Canadian Press
