Kudlow: US trade dispute with Canada a ‘family quarrel’
U.S. senior economic adviser Larry Kudlow calls his country’s trade dispute with Canada little more than a “family quarrel.”
Kudlow told a news conference in Washington on June 6 that similar disputes occur between countries all the time, and he’s confident that the current angst over President Donald Trump’s steel and aluminum tariffs will soon blow over.
Kudlow said regardless of what the rest of the world might think, Trump is deadly serious about reforming a global trade system he believes is fundamentally broken. He said tariffs are simply one more tool in the president’s toolbox when it comes to repairing it.
Ford says he’s shocked by lawsuit from late brother’s widow
Doug Ford says he’s shocked by a lawsuit from his late brother Rob Ford’s widow that was filed just days before the Ontario election.
The Progressive Conservative leader denies the allegations from Renata Ford that he mishandled his brother’s estate and destroyed the value of the family business.
Ford said June 5 he’ll let voters decide what the motive behind the suit is, and said that his sister-in-law’s lawyers had told him to “pay up” or they would go public with the allegations.
“We’re shocked. That’s what it comes down to. We’re floored and with two days or three days before an election? I’ll let you decide the motive,” he said.
Unusual-shaped iceberg draws onlookers to Newfoundland cove
An unusually shaped iceberg is drawing onlookers to a small cove in eastern Newfoundland.
The iceberg has a hollow archway carved in the middle and appears to be grounded in the waters just off a Bonavista peninsula community in Upper Amherst Cove.
Photographers have been sharing their shots of the iceberg on social media, prompting people to head to the area north of Clarenville.
The iceberg was known as the Kings Cove iceberg but was renamed the Amherst Cove iceberg when it drifted across the bay.
The arrival comes after a lacklustre iceberg season in a province known for the prized tourist attraction.
Senate aims to stymie criminals using tax havens in legal pot market
The Senate wants to ensure that organized crime doesn’t use offshore tax havens to wind up secretly controlling the recreational marijuana market in Canada once cannabis is legalized.
Senators have voted 45-29 to amend the cannabis legalization bill to require that any company that is licensed to grow marijuana must publicly disclose all its shareholders or members who are not based in Canada.
Liberal independent Sen. Serge Joyal says police have confirmed that organized crime has already infiltrated the medical marijuana market in Canada. He says more than $250 million has been invested in Canadian cannabis companies from the Cayman Islands alone.
With files from The Canadian Press