Business & Finance

Canadian Expat Assists in Strengthening Economic Ties Between Arizona and Alberta

As if we needed further proof of the value that Canadian Expats and Canadian organizations abroad provide both to Canada and to their host nations, October 15^th marked another milestone in the growth of bilateral trade between Canada and the state of Arizona. The State of Arizona and the Canadian Province of Alberta formally recognized an agreement based upon an Arizona statute that establishes reciprocity of enforcement of money judgments. Due in no small way to the effort of Canadian Expat Glenn Williamson the founder and CEO of the Canada Arizona Business Council and Honorary Consul for Canada in Arizona.

Why Invest Internationally?

By Matthew Carvalho, CFA, CFP
Chief Investment Officer, Cardinal Point Capital Management

Diversification is the most important concept in investing, but also perhaps the least exciting. If anyone knew for sure exactly which one company or country would have the highest return in the coming year, there would be no reason to hold anything else. But while being able to predict markets with any certainty sounds great in theory, in practice nobody has been able to consistently outsmart the market. So what do you do if you can’t know for sure if Pepsi or Coke, or the US or Canada will be the best performer in the coming year? You diversify. This is especially important when it comes to financial planning.

Canada defiant after Saudi Arabia freezes new trade over human rights call

2018 08 06 Small By Aziz El Yaakoubi and David Ljunggren

RIYADH/OTTAWA (Reuters) - Canada on Monday refused to back down in its defense of human rights after Saudi Arabia froze new trade and investment and expelled the Canadian ambassador in retaliation for Ottawa's call to free arrested Saudi civil society activists.

In her first public response to Saudi Arabia's actions, Foreign Minister Chrystia Freeland said, "Canada will always stand up for human rights in Canada and around the world, and women's rights are human rights."

Riyadh on Sunday recalled its ambassador from Canada and gave the Canadian ambassador 24 hours to leave. The Saudi government also banned new trade with Canada, although it was unclear if it would affect existing annual Saudi-Canadian trade of nearly $4 billion and a $13 billion defense contract.

Saudi Arabia freezes new trade with Canada for urging activists' release

Riyadh Small By nayera abdallah and David Ljunggren

CAIRO/OTTAWA (Reuters) - Saudi Arabia will suspend new trade and investment with Canada after that country's foreign ministry urged Riyadh to release arrested civil rights activists, it said in a statement released to the official Saudi Press Agency on Sunday.

It also gave the Canadian ambassador 24 hours to leave the country and recalled its own ambassador to Canada, the statement by the Saudi foreign ministry said, adding it retained "its rights to take further action."

The Saudi ministry had been briefed that the Canadian foreign ministry and the Canadian embassy urged the Saudi authorities to "immediately release" civil rights activists, the statement said.