What Justin Trudeau hopes to achieve in Japan + MORE May 22nd

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Justin Trudeau makes his first major push into Asia this week in Japan, where he hopes to broaden business links with a country that was once Canada’s No. 2 trading partner.
The prime minister departed Sunday for his first overseas bilateral visit since taking office last fall.
He will meet early in the week in Tokyo with Japanese Prime Minister Shinzo Abe, the emperor and empress as well as leaders in the automotive sector.
The visit comes ahead of Trudeau’s participation in the Group of Seven summit, on Thursday and Friday, in the Japanese city of Ise-Shima.
But before Trudeau sits down with the powerful group of world leaders, he will try to reinvigorate Canada’s trade and investment relationship with Japan.
His office says it believes there is still a lot of fertile ground in Japan and sees it as a key player in a region where the Liberal government intends to expand economic ties.
One of the main goals of Trudeau’s visit will be to try to encourage Japanese auto industry officials to invest more and to keep the plants already in Canada…

Continue Reading On canadianbusiness.com »

NEW YORK, N.Y. – Saturday is the one-year anniversary of the stock market’s record high. And no, you didn’t miss the party, because no one seems to be in the mood to celebrate.
The Standard & Poor’s 500 index reached its latest high of 2,130.82 exactly one year ago. Since then, it’s come close to beating it, only to veer lower, sometimes sharply. Last month it came within about 1 per cent of the record, but then more jitters about the economy and fears that the Federal Reserve could raise interest rates in June set in.
After a horrendous start to the year, the worst on record for the market, stocks have shown remarkable resilience and have clawed back the ground they lost since 2016 began. As of Friday, the S&P 500 was barely positive for 2016. It would need to gain another 4 per cent to match the high it reached a year ago.
More gains may be on the way, strategists along Wall Street say, though the forecasts are largely for only modest gains, and rocky ones at that…

Continue Reading On canadianbusiness.com »

Justin Trudeau makes his first major push into Asia this week in Japan, where he hopes to broaden business links with a country that was once Canada’s No. 2 trading partner.
The prime minister will depart Sunday for his first overseas bilateral visit since taking office last fall.
He will meet early in the week in Tokyo with Japanese Prime Minister Shinzo Abe, the emperor and empress as well as leaders in the automotive sector.
The visit comes ahead of Trudeau’s participation in the Group of Seven summit, on Thursday and Friday, in the Japanese city of Ise-Shima.
But before Trudeau sits down with the powerful group of world leaders, he will try to reinvigorate Canada’s trade and investment relationship with Japan.
His office says it believes there is still a lot of fertile ground in Japan and sees it as a key player in a region where the Liberal government intends to expand economic ties.
One of the main goals of Trudeau’s visit will be to try to encourage Japanese auto industry officials to invest more and to keep the plants already in Canada…

Continue Reading On macleans.ca »

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