The Wednesday news briefing: An at-a-glance survey of some top stories
Highlights from the news file for Wednesday, Aug. 31
ENVOY LISTS SNAGS TO CANADA-CHINA FREE TRADE: Formal free-trade talks between Canada and China have yet to proceed because of snags over labour, the environment and concerns linked to Chinese state-owned enterprises, says Ottawa’s envoy to Beijing. Ambassador Guy Saint-Jacques highlighted those sticking points Wednesday after Chinese Premier Li Keqiang said Canada and China would soon launch a feasibility study on an eventual free trade deal.
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ECONOMY POSTS WORST SHOWING SINCE 2009: The Canadian economy shrivelled in the second quarter to its worst performance in seven years, Statistics Canada said Wednesday. The federal agency said real gross domestic product fell at an annualized rate of 1.6 per cent in the three-month period, due in large part to the wildfires that destroyed parts of Fort McMurray, Alta. That’s the biggest quarterly decline since the second quarter of 2009 when Canada was in the midst of the global financial crisis.


