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When the United States applied tariffs to steel imports in 2002, it exempted Canada and Mexico. Such arrangements allow Canada to continue selling into the U.S. market with less competition from other countries. Opponents of Buy American rules characterize them as a revival of the infamous Smoot-Hawley Act, which allegedly worsened unemployment in the 1930s. But the act's gravest shortcoming was that it did not provide, or accompany, a significant fiscal stimulus. In effect, the United States tried to use tariffs alone to grab a larger slice of a shrinking global economic pie. By contrast, the larger volume of steel trade between Canada and the United States is balanced. Which means that Americans cannot improve their balance of international payments by trading less steel with Canadian...
Every time it appears as though the Conservatives under Stephen Harper are gaining some traction, Mulroney pops up again with another bit of news sure to rile ordinary Canadians. According to Mulroney, the payments were compensation for international lobbying work Mulroney was to perform on Schreiber's behalf with foreign governments. According to Schreiber, whose credibility is suspect, the first $100,000 payment to Mulroney was made on July 27, 1993, one month after he resigned as prime minister.
S. lawyers have already questioned seven witnesses in connection with newspaper sales that involved "non-compete" payments -- the contentious fees at the centre of the prosecution's case. Each witness has taken the jury through their dealings with Hollinger and explained that while they had requested non-compete agreements from Hollinger International, they did not need any from Hollinger Inc. -- a Toronto company controlled by Black that owned 35 per cent of Hollinger International -- or from the four defendants. The issue of non-compete payments is central to prosecution allegations that Black and former associates David Radler, John Boultbee, Peter Atkinson and Mark Kipnis swindled shareholders out of about US$80 million in non-compete payments that should have gone to the company.
... for the fiscal year that do not require payments out of the Consolidated Revenue Fund. 6. (1) An ap...AFFAIRES ÉTRANGÈRES ET COMMERCE INTERNATIONAL FOREIGN AFFAIRS AND INTERNATIONAL TRADE MINISTÈRE...
The House of Commons ethics committee is examining whether Brian Mulroney's acceptance of $100,000 cash from lobbyist Karlheinz Schreiber when he was still an MP constituted a violation of the Parliament of Canada Act. Committee chair Paul Szabo referred to the Act on Wednesday, a day after Conservative MP Russ Hiebert said he concluded from Schreiber's testimony Mulroney did not violate a 1985 conflict-of-interest code of conduct for public office holders or the Criminal Code. In a May 2007 letter to Mulroney, Schreiber said he was ready to expose payments made to Mulroney by the once prominent lobbying company Government Consultants International and its founder, Frank Moores.
... admitted making questionable or illegal payments in excess of $300 million to foreign government of...
In the same Chicago courtroom in which Lord [Conrad Black] of Crossharbour was tried earlier this year, Judge Amy St. Eve will decide how many years he will spend in custody. On July 13, Lord Black was convicted of four criminal charges, including three counts of fraud related to non-compete payments he received during the sale of Hollinger International Inc.'s newspapers, money the jury concluded should have gone to shareholders. Black, 63, was also convicted of obstruction of justice related to his videotaped removal of 13 boxes from his Toronto office. He maintains his innocence and intends to appeal the jury's ruling. St. Eve could order him directly into custody, set a date for him to surrender or allow him to remain free on bail pending the outcome of his appeal. Black's three co-...
The concept of controlling who may access data and what they can do with it is not new. That was always the case with mainframe computers. Not everyone with access to a specific mainframe application could access other programs. For example, if you were an inventory control clerk, you wouldn't be able to get into the payroll system. If you were the payroll clerk, you would be restricted to certain functions and changing your own salary likely wasn't one of them. When we went from mainframes to PCs many of these controls were lost. With today's networked world and the value of data, it is time to re-introduce them. Mary Dixon, deputy director of the Defense Manpower Data Center points out that the card is only one component of identity management. A benefit of the new ID cards is that ea...
... to employee smart cards to facilitate payments in vending machines, the cafeteria or at local mer...
A systematic seasonal pattern in asset returns is evident in data from as long ago as 1694 (Bouman & Jacobsen, 2002), and seasonality has been observed in many asset markets.2 While this seasonality often cannot be attributed to a specific factor, explanations that have been suggested for seasonal movements in returns include tax-loss selling at the end of the tax year, seasonal risk variation, and the timing of summer vacations. Seasonally in government bond returns has been examined less intensively than seasonality in equity and corporate bond returns, and the evidence on the seasonality of government bond returns is mixed. For example, no significant evidence of seasonality is found for US Treasury bond yields in the studies of Chang and Pinegar (1986), Lavin (2000), Schneeweis ...
... (1990) make assumptions about the coupon payments and timeto-maturity of the bonds included in the i...
Abstract: From an international security studies perspective, this article offers ... funds to party "loyalists," illicit payments, and funds that had been diverted or creamed off. ...
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