May 2010 Consulate General of Canada (New York)

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DID YOU KNOW?

In 2004, Canada displaced Saudi Arabia as the largest supplier of oil to the US.

 

 

 

 

CD SPOTLIGHT

This issue of Canada Watch spotlights Tamara Silvera’s Departures.

 

WELCOME TO THE MAY ISSUE OF CANADA WATCH,
a
monthly digest from the Consulate General of Canada (New York) chronicling noteworthy political, economic, business, science, and cultural news from Canada.

On April 12 and 13, President Barack Obama hosted a Nuclear Security Summit in Washington, DC, that brought together representatives from 47 countries, including all G8 and G20 members, to exchange views on the threat of nuclear terrorism and the pressing need to further develop and implement an internationally coordinated effort to enhance nuclear security worldwide. Aside from the remarkable common understanding that was reached regarding more effective international cooperation to combat the threat of nuclear terrorism and the unanimous commitments to strengthen the security of nuclear materials (see the Communiqué), Canada’s participation at the Summit, led by Prime Minister Stephen Harper, produced a number of “side” agreements going forward that will serve the cause of enhancing North American, indeed global, nuclear security. For full story»

 

Government of Canada Commits Additional CF Personnel to Train Afghan National Security Forces

While in Kabul last month, National Defence Minister Peter MacKay announced that the Government of Canada is committing up to 90 additional personnel, primarily to support the training of the Afghan National Security Forces (ANSF). Of this increase in personnel, most of it will augment the NATO Training Mission – Afghanistan (NTM-A), while the remainder will provide increased support within Joint Task Force Afghanistan and International Security Assistance Force (ISAF) headquarters, until the end of Canada’s mission in 2011.

“The Government of Canada is proud to contribute additional Canadian Forces personnel to prepare Afghans [to] build a stable, strong, and peaceful nation, which they deserve,” said Minister MacKay. “This increased role showcases the professionalism of the Canadian Forces as mentors and trainers to our Afghan allies.” For full story»

 

Canadian Forces High Arctic Operation Concludes

National Defence Minister Peter MacKay participated late last month in the closing ceremonies for Operation NUNALIVUT 10, the Canadian Forces’ annual exercise in the high Arctic. The year’s first Arctic operation featured the first-ever landing of a CC-177 Globemaster at Canadian Forces Station (CFS) Alert, and concurrent training between the Arctic Response Company Group and the Canadian Rangers, who conducted their patrols further north than ever before.

“The Canadian Forces successfully achieved their aim of demonstrating and improving upon their capabilities to respond to safety and security challenges in our Arctic,” said Minister MacKay. For full story»

 

OECD Hails Canada’s Economic Rebound

The Paris-based Organisation for Economic Co-operation and Development (OECD) noted in a recent study that Canada’s economy is eclipsing those of other G7 nations in terms of the speed and strength of its recovery. Observing that Canada’s economy likely grew 6.2 percent in the first quarter of this year (overall growth for Canada’s G7 peers is estimated at 1.9 percent), OECD said that Canada’s economy should continue to grow during the second quarter, this time at about 4.5 percent, or approximately twice that of the G7 average.

“Canada is benefiting from its past good policies,” said Pier Carlo Padoan, OECD’s Chief Economist, who noted that Canada’s strong fundamentals coming into the recession has helped it rebound. In addition, Canada’s debt relative to its economy is the lowest in the G7. Although many economists have forecast strong Canadian growth for the first half of this year, few have put growth above 6 percent for any quarter. For full story»


Photo: Basha Burwell.

The Terrible Beauty of Peter Behrens’ The Law of Dreams

Later this month, internationally renowned Canadian novelist Peter Behrens will participate in a multi-media, theatrical presentation of his Governor General’s Award-winning novel The Law of Dreams (2006) – an epic tale set in 1846 during the Irish Potato Famine – at New York’s Irish Arts Center. The author, originally from Montreal and now living in Maine, granted Canada Watch this exclusive interview. For full story»

 

Cloud of Volcanic Ash Disrupts PM’s Plans to Attend State Funeral for Polish President Kaczynski
see Top Stories »

Canada and the United States Announce Common Standards for Regulating GHG Emissions from New Vehicles see Top Stories »

Canada Announces Additional Funding for Humanitarian Assistance and Key Projects to Support Haiti Action Plan see Top Stories »

Industry Minister Meets With US and Mexican Counterparts to Discuss Innovation, Clean Energy, and Job Growth
see Top Stories »

Government of Canada Releases Code of Conduct for Credit and Debit Card Industry
see Business and Finance »

Two Imperatives to Secure Strong, Sustainable, and Balanced Economic Growth, Bank of Canada Governor Mark Carney Says
see Business and Finance »

Breakthrough in the Fight against HIV-1
see Science and Technology »

One Canadian’s Fight against Alzheimer’s
see Science and Technology »

City Spotlight: Toronto the Great
see City Spotlight »

 

Minister of Finance Welcomes Designation of Canada as Qualified Destination for Chinese Investment

Minister of Finance Jim Flaherty last month welcomed an agreement with the China Banking Regulatory Commission that designates Canada as a destination for Chinese investment under China’s Qualified Domestic Institutional Investor (QDII) program.

“This agreement will give Canadian financial markets access to up to $8 billion in investment capital,” said Minister Flaherty, who made the designation a key objective of his trip to China in August 2009. “This represents a strong vote of confidence in Canada’s economic prospects and the soundness of Canada’s financial system.” For full story»


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