Latest news with #supportmeasures
CBC
6 days ago
- Business
- CBC
What new lumber support says about U.S. trade negotiations
Prime Minister Mark Carney has announced more than $1 billion to support Canada's beleaguered softwood lumber industry. Brian Menzies, executive director of the Independent Wood Processors Association, says the new support measures are 'a good step in the right direction.'
The Herald
7 days ago
- Business
- The Herald
South Africa outlines support measures in response to US tariffs
The government on Monday outlined support measures for local companies that will be hit by a 30% US tariff this week, including exemptions from some competition rules and financial support facilities. It also dismissed speculation that its failure to negotiate a lower tariff was because of its local affirmative action policies, which US President Donald Trump has criticised. South Africa has tried for months to negotiate a deal with Washington, offering to buy US liquefied natural gas and invest $3.3bn (R59.29bn) in US industries in a 'framework deal' proposed to Trump's team. But the effort was unsuccessful, even after Pretoria made a last-minute attempt to improve its offer. Government officials say the US tariff could cause tens of thousands of job losses, especially in the agriculture and car-making industries, as Trump pushes to reshape global trade in favour of the US. Addressing a press conference, trade, industry and competition minister Parks Tau and foreign minister Ronald Lamola said a 'block exemption' from some aspects of the Competition Act was being developed that would allow competitors to collaborate and co-ordinate.
CTV News
02-07-2025
- Politics
- CTV News
Canada introduces new measures for wildfire-affected communities amid record season
The Martin Lake fire burning northwest of Tatla Lake, B.C. is seen in this handout image on Monday, June 16, 2025. THE CANADIAN PRESS/Handout - BC Wildfire Service (Mandatory Credit) As one of the most destructive wildfire seasons continues to unfold across Canada, the federal government has unveiled new support measured aimed at helping people displaced or affected by the blazes. In a statement released Wednesday, Immigration, Refugees and Citizenship Canada (IRCC) said it will offer free replacements for Canadians and permanent residents who lost important documents in the wildfires, including passports and permanent resident cards. If they already paid to replace the documents on or after April 1, they can request a refund. For temporary residents affected by the wildfires, including international students and temporary foreign workers, they are also eligible for free replacements of immigration documents, as well as no-cost renewals or restoration of their work or study permit in Canada. 'The requirement for temporary residents to apply for the restoration of their status within 90 days of losing their status will also be waived for those impacted by wildfires,' the press release said. The federal government clarified that these measures do not apply to employer-specific work permit holders who wish to transition to an open work permit. This year's fire season — the second-worst on record in Canadian history — has seen wildfires consume 3.7 million hectares, six times the area of P.E.I. As of July, there are approximately 465 wildfires burning across the country, with several classified as 'out of control,' according to Canadian Interagency Forest Fire Centre. Application and biometric fees are also waived for foreign emergency services personnel coming to Canada to help fight the wildfires. All these measures are in effect until Nov. 30.
Japan Times
07-06-2025
- Politics
- Japan Times
Japanese universities step up to help international students after Harvard ban
Eighty-seven Japanese universities have announced support measures for international students in the United States, following an order barring Harvard University from accepting such students, the education ministry and the Japan Student Services Organization has said. The scope of students eligible for the support measures and the extent of such aid differ from university to university, they said Friday. Tohoku University said that it will accept undergraduates and graduate students enrolled in U.S. universities who face difficulties continuing their studies mainly due to the ban by U.S. President Donald Trump's administration. They will be accepted to the national university in northeastern Japan as nondegree students not required to pay tuition or enrollment fees. Many Japanese universities will accept those affected as regular students or nonregular occasional students, regardless of nationality or where they currently study. Some universities have said that such students will be exempt from tuition and be provided with lodging at dormitories. According to the student services organization, five other universities were considering support measures as of Friday. It will continue to update related information.
CNA
16-05-2025
- Business
- CNA
Singapore firms struggling with cash flow amid US tariffs
Singapore companies are struggling with cash flow, as their orders get delayed and customers miss payments. They have voiced these concerns to the Singapore Economic Resilience Taskforce chaired by Deputy Prime Minister Gan Kim Yong. Local firms are facing uncertainty over the effects of US tariffs and slowdown in the global economy. Mr Gan said the taskforce is keeping a close watch on local firms and support measures will be given, if needed. Nasyrah Rohim reports.
