WASHINGTON—Canadians will be barred from entering the United States for smoking marijuana legally, for working in Canada’s legal marijuana industry and for investing in legal Canadian marijuana companies, a senior U.S. Customs and Border Protection official says. Todd Owen, who spoke to the U.S. website Politico, said the U.S. does not plan to change its border policies to account for Canada’s marijuana legalization, which takes effect on Oct. 17. “We don’t recognize that as a legal business,” said Owen, executive assistant commissioner for the office of field operations. Owen’s comments…
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Sobeys Parent Empire Co. Warns Food Prices Will Rise Partly Due To New Tariffs | CBC News
The parent company of grocery chain Sobeys Inc. was “a little slow on the trigger” to pass on the higher cost of food to consumers due to tariff costs, but it will inevitably happen in the future, Empire Company Ltd. CEO Michael Medline said Thursday. “It’s clear with what’s going on in terms of transportation cost and tariff-related cost that our expectation — although we’re not economists — is that there will be some inflation,” he said during a conference call with analysts after the company released its first-quarter earnings…
Read MoreU.S. Military Guns Mailed In Unlocked Case To Toronto Bombardier Facility | CTV News
An unlocked case containing two military-grade assault rifles and two handguns mysteriously arrived in the mail at Bombardier’s shipping department in Toronto last week, CTV News has learned. Photos obtained by CTV News show that the weapons were marked as property of the U.S. government. The alarming shipment, delivered by FedEx, contained two Beretta handguns and two M4 assault rifles, which are used by the American military. M4 assault rifles are “assault rifles by definition” that easily out-power Canadian police officers armed with semi-automatic weapons, according to CTV News Public…
Read MoreLoonie Could Jump Up To 82 Cents US If Trade Talks Are Successful, Says Economist | CBC News
Even with a resilient, if not strong, Canadian economy, the loonie has failed to gain momentum this year — losing more than four per cent against the U.S. dollar — as trade uncertainty ate away at its “fundamental” value. But that could all change if a trade deal is struck between Canada and the U.S. soon, according to James Orlando, senior economist at TD Economics. He’s calling for the Canadian dollar to jump to as much as 82 cents US in the near term if trade talks between the two countries are successful. That’s a…
Read MoreFree Trade Talks Could Finally See Canada Raise De Minimis Levels For Duty-Free Online Shopping | CBC News
One concession Canada seems likely to make in the current round of free trade discussions with the U.S. and Mexico is on the level of duties that Canadians must pay when shopping online — and it’s one where Canadian consumers could end up be happy with the result. Known as the de minimis threshold, it’s the level at which consumers have to pay duties and taxes on imported goods, whether through bringing items back on a trip or ordering them online and having them delivered by mail or courier. In the United…
Read MoreWhy Solar Is Likely To Power The Home Of The Future | The Verge
Right now in America, there are about 2 million homes with solar panels. Considering there are about 90 million single-family homes, that doesn’t seem like a lot. But consider this: we’re now on track to start adding a million new solar-powered systems each year. It’s taken a while to get here, but solar is increasingly becoming a popular option to power the Home of the Future. The number of homes with solar “will tick up pretty quickly,” says Justin Baca, vice president of markets and research for Solar Energies Industries…
Read MoreA Private Tesla Backed By Saudi Arabia Might Not Be As Far-Fetched As You Think | TechCrunch
This week the business and tech world was stunned when Elon Musk hinted on August 7, via Twitter of course, that he wanted to take Tesla private. The estimated price tag for such a move is commonly put at up to $72 billion. Shortly after that no ‘white knights’ appeared and Tesla’s shares plummeted. But today, Bloomberg came out with a new report which might well fan the flames of speculation on Monday. Its story has sources which say that Saudi Arabia’s sovereign wealth fund (called the Public Investment Fund…
Read MorePrices For Canned Goods About To Go Up In Canada As Tariffs Start To Bite | CBC News
Canadians should brace for higher prices on everything from soda to soup as manufacturers begin to feel the impact of the U.S.-Canada trade war and pass on the cost of aluminum and other tariffs to retailers. PepsiCo Beverages Canada recently advised retailers that it plans to raise its prices by about a penny per can, starting at the end of July. In a letter sent to retailers in late June, the beverage giant cited tariffs the Canadian government recently implemented on a range of products, including the aluminum that makes the cans that holds…
Read MoreThe TSA Has Been Quietly Tracking American Travelers Who Are Not On Government Watch Lists | The Verge
According to a new report from The Boston Globe, federal air marshals are tracking American citizens who are not currently under investigation or on a terrorist watch list by way of a previously unknown Transportation Security Administration (TSA) program. The program is called “Quiet Skies,” which directs federal air marshals to track Americans on domestic flights who may be affiliated with someone on a watch list or whose travel patterns mirror those of suspected terrorist. Individuals being tracked through Quiet Skies are not suspected of any crimes, according to the…
Read MoreRooftop Solar Could Save Utilities $100 To $120 Per Installed Kilowatt | Ars Technica
When you install rooftop solar panels, the electricity you create cuts into the amount of electricity the utility must provide to meet your needs. Add up the reduced demand of all the homes with solar panels, and you’ve got a pretty sizable amount of electricity that’s no longer needed. Lower wholesale prices “should ultimately reduce consumers’ costs through lower retail rates,” the researchers write (although whether and how those savings get passed on to retail customers is not discussed in the paper). The paper is location-specific and draws on historical…
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