GrainCorp chief executive Mark Palmquist is urging further government investment in the nation's country rail freight network after higher costs left east coast wheat growers uncompetitive
in global export markets.
Available online at www.hsbc.ca, the HSBC / Conference Board report offers examples of Canadian companies that are successfully leveraging their GCAs
in the global export market.
Improve market access for agricultural and industrial exports of developing countries, especially Least Developed Countries, and at least double the share of LDCs» exports
in global exports by 2020
Not exact matches
It owns close to $ 4 trillion of our debt, and as the second - largest economy
in the world, it's also responsible for roughly 15 percent of
global exports.
Important factors that could cause actual results to differ materially from those reflected
in such forward - looking statements and that should be considered
in evaluating our outlook include, but are not limited to, the following: 1) our ability to continue to grow our business and execute our growth strategy, including the timing, execution, and profitability of new and maturing programs; 2) our ability to perform our obligations under our new and maturing commercial, business aircraft, and military development programs, and the related recurring production; 3) our ability to accurately estimate and manage performance, cost, and revenue under our contracts, including our ability to achieve certain cost reductions with respect to the B787 program; 4) margin pressures and the potential for additional forward losses on new and maturing programs; 5) our ability to accommodate, and the cost of accommodating, announced increases
in the build rates of certain aircraft; 6) the effect on aircraft demand and build rates of changing customer preferences for business aircraft, including the effect of
global economic conditions on the business aircraft market and expanding conflicts or political unrest
in the Middle East or Asia; 7) customer cancellations or deferrals as a result of
global economic uncertainty or otherwise; 8) the effect of economic conditions
in the industries and markets
in which we operate
in the U.S. and globally and any changes therein, including fluctuations
in foreign currency exchange rates; 9) the success and timely execution of key milestones such as the receipt of necessary regulatory approvals, including our ability to obtain
in a timely fashion any required regulatory or other third party approvals for the consummation of our announced acquisition of Asco, and customer adherence to their announced schedules; 10) our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing and our other customers; 11) our ability to enter into profitable supply arrangements with additional customers; 12) the ability of all parties to satisfy their performance requirements under existing supply contracts with our two major customers, Boeing and Airbus, and other customers, and the risk of nonpayment by such customers; 13) any adverse impact on Boeing's and Airbus» production of aircraft resulting from cancellations, deferrals, or reduced orders by their customers or from labor disputes, domestic or international hostilities, or acts of terrorism; 14) any adverse impact on the demand for air travel or our operations from the outbreak of diseases or epidemic or pandemic outbreaks; 15) our ability to avoid or recover from cyber-based or other security attacks, information technology failures, or other disruptions; 16) returns on pension plan assets and the impact of future discount rate changes on pension obligations; 17) our ability to borrow additional funds or refinance debt, including our ability to obtain the debt to finance the purchase price for our announced acquisition of Asco on favorable terms or at all; 18) competition from commercial aerospace original equipment manufacturers and other aerostructures suppliers; 19) the effect of governmental laws, such as U.S.
export control laws and U.S. and foreign anti-bribery laws such as the Foreign Corrupt Practices Act and the United Kingdom Bribery Act, and environmental laws and agency regulations, both
in the U.S. and abroad; 20) the effect of changes
in tax law, such as the effect of The Tax Cuts and Jobs Act (the «TCJA») that was enacted on December 22, 2017, and changes to the interpretations of or guidance related thereto, and the Company's ability to accurately calculate and estimate the effect of such changes; 21) any reduction
in our credit ratings; 22) our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components; 23) our ability to recruit and retain a critical mass of highly - skilled employees and our relationships with the unions representing many of our employees; 24) spending by the U.S. and other governments on defense; 25) the possibility that our cash flows and our credit facility may not be adequate for our additional capital needs or for payment of interest on, and principal of, our indebtedness; 26) our exposure under our revolving credit facility to higher interest payments should interest rates increase substantially; 27) the effectiveness of any interest rate hedging programs; 28) the effectiveness of our internal control over financial reporting; 29) the outcome or impact of ongoing or future litigation, claims, and regulatory actions; 30) exposure to potential product liability and warranty claims; 31) our ability to effectively assess, manage and integrate acquisitions that we pursue, including our ability to successfully integrate the Asco business and generate synergies and other cost savings; 32) our ability to consummate our announced acquisition of Asco
in a timely matter while avoiding any unexpected costs, charges, expenses, adverse changes to business relationships and other business disruptions for ourselves and Asco as a result of the acquisition; 33) our ability to continue selling certain receivables through our supplier financing program; 34) the risks of doing business internationally, including fluctuations
in foreign current exchange rates, impositions of tariffs or embargoes, compliance with foreign laws, and domestic and foreign government policies; and 35) our ability to complete the proposed accelerated stock repurchase plan, among other things.
Fresh sanctions on Iran could result
in a reduction of the country's oil
exports, which would strain
global supplies even more, especially given the discipline of the Organization of the Petroleum Exporting Countries (OPEC) and their partners
in sticking to an agreement to limit output.
«The good news is that the regional growth is improving for both oil - importing and oil -
exporting, yet the region is not fully benefiting from the improvement
in the
global outlook and this requires countries
in the region to pursue the reform agenda,» he said.
The Bank blamed disappointing growth
in the
global economy for a reduction
in Canadian
exports, with knock - on effects for the rest of the economy.
The U.K.'s fastest growing markets are,
in descending order, Switzerland, China, Saudi Arabia, Hong Kong and South Korea, with U.K.
exports to these five countries worth $ 71 billion last year, a study by Wyelands Bank and
Global Trade Review, published Monday, stated.
As the U.S. - based industry awaits that ruling, companies are looking
in other countries to hedge their bets on a
global, import -
export industry.
Singapore downgraded its forecasts on economic growth and
exports for 2016 after confirming a contraction
in output
in the third quarter, raising the risk of a recession amid fresh uncertainty around
global trade under U.S. President - elect Donald Trump.
China
in particular saw its share of
global exports explode.
China's
exports surged and its trade surplus unexpectedly widened
in February, illustrating the lopsided nature of
global commerce that Donald Trump is preparing to introduce protectionist measures against.
In December, the Ministry of Finance cut export taxes on some types of steel products in a move analysts said could worsen global oversuppl
In December, the Ministry of Finance cut
export taxes on some types of steel products
in a move analysts said could worsen global oversuppl
in a move analysts said could worsen
global oversupply.
Such risks, uncertainties and other factors include, without limitation: (1) the effect of economic conditions
in the industries and markets
in which United Technologies and Rockwell Collins operate
in the U.S. and globally and any changes therein, including financial market conditions, fluctuations
in commodity prices, interest rates and foreign currency exchange rates, levels of end market demand
in construction and
in both the commercial and defense segments of the aerospace industry, levels of air travel, financial condition of commercial airlines, the impact of weather conditions and natural disasters and the financial condition of our customers and suppliers; (2) challenges
in the development, production, delivery, support, performance and realization of the anticipated benefits of advanced technologies and new products and services; (3) the scope, nature, impact or timing of acquisition and divestiture or restructuring activity, including the pending acquisition of Rockwell Collins, including among other things integration of acquired businesses into United Technologies» existing businesses and realization of synergies and opportunities for growth and innovation; (4) future timing and levels of indebtedness, including indebtedness expected to be incurred by United Technologies
in connection with the pending Rockwell Collins acquisition, and capital spending and research and development spending, including
in connection with the pending Rockwell Collins acquisition; (5) future availability of credit and factors that may affect such availability, including credit market conditions and our capital structure; (6) the timing and scope of future repurchases of United Technologies» common stock, which may be suspended at any time due to various factors, including market conditions and the level of other investing activities and uses of cash, including
in connection with the proposed acquisition of Rockwell; (7) delays and disruption
in delivery of materials and services from suppliers; (8) company and customer - directed cost reduction efforts and restructuring costs and savings and other consequences thereof; (9) new business and investment opportunities; (10) our ability to realize the intended benefits of organizational changes; (11) the anticipated benefits of diversification and balance of operations across product lines, regions and industries; (12) the outcome of legal proceedings, investigations and other contingencies; (13) pension plan assumptions and future contributions; (14) the impact of the negotiation of collective bargaining agreements and labor disputes; (15) the effect of changes
in political conditions
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate, including the effect of changes
in U.S. trade policies or the U.K.'s pending withdrawal from the EU, on general market conditions,
global trade policies and currency exchange rates
in the near term and beyond; (16) the effect of changes
in tax (including U.S. tax reform enacted on December 22, 2017, which is commonly referred to as the Tax Cuts and Jobs Act of 2017), environmental, regulatory (including among other things import /
export) and other laws and regulations
in the U.S. and other countries
in which United Technologies and Rockwell Collins operate; (17) the ability of United Technologies and Rockwell Collins to receive the required regulatory approvals (and the risk that such approvals may result
in the imposition of conditions that could adversely affect the combined company or the expected benefits of the merger) and to satisfy the other conditions to the closing of the pending acquisition on a timely basis or at all; (18) the occurrence of events that may give rise to a right of one or both of United Technologies or Rockwell Collins to terminate the merger agreement, including
in circumstances that might require Rockwell Collins to pay a termination fee of $ 695 million to United Technologies or $ 50 million of expense reimbursement; (19) negative effects of the announcement or the completion of the merger on the market price of United Technologies» and / or Rockwell Collins» common stock and / or on their respective financial performance; (20) risks related to Rockwell Collins and United Technologies being restricted
in their operation of their businesses while the merger agreement is
in effect; (21) risks relating to the value of the United Technologies» shares to be issued
in connection with the pending Rockwell acquisition, significant merger costs and / or unknown liabilities; (22) risks associated with third party contracts containing consent and / or other provisions that may be triggered by the Rockwell merger agreement; (23) risks associated with merger - related litigation or appraisal proceedings; and (24) the ability of United Technologies and Rockwell Collins, or the combined company, to retain and hire key personnel.
The
global financial crisis initially slammed the brakes on the nation's economic expansion, wiping out about 20 million
export - related jobs — this
in a country where anything under 8 % growth is generally considered to be too slow for social comfort.
In a recent note to clients, RBC Capital Markets chief US economist Tom Porcelli examined the trends by using two components of GDP as proxies: net
exports of goods and services to reflect the effects of a slowing
global economy, and real personal consumption expenditures to reflect the US consumer.
«With the energy sector still challenged by soft
global growth and oversupply, and the upside
in housing construction now limited, Canada needs to see a rotation towards non-energy
exports.
«The disappointing performance
in export activity suggests that the loss of
export competitiveness from the strong dollar and the weak
global backdrop are becoming a net drag on U.S. economic activity,» said Millan Mulraine, deputy chief economist at TD Securities
in New York.
There are myriad services, many of them free, specifically tailored to deepen Canadian companies» presence
in emerging markets — something Todd Winterhalt, vice-president and managing director of
global trade for
Export Development Canada (EDC), feels is important
in order to change the fact that 70 % of Canadian exporters sell primarily to the U.S. «Diversification of trade is a good thing,» he says.
Those gains came as improvements
in global economic growth gave a boost to the country's
export - dependent economy,
in turn resulting
in a pick - up
in earnings growth.
The pick - up
in global growth bodes well (after the customary lags) for a revival
in the
exports of emerging countries.
Immigrant founders play a vital role as connectors to
global markets — both abroad and here
in the U.S. Immigrant businesses are 60 percent more likely to
export than native - owned companies, and more than 2.5 times as likely to rely on
exports for a large part of their sales, according to the Partnership for a New American Economy.
OPEC oil output rose slightly
in October, keeping the
global market well supplied, as additional
exports from Iraq, Angola and Libya offset disruptions
in Nigeria and a further decline
in Iran to its lowest
in two decades, a Reuters survey found on Wednesday.
With estimates that the
global market for medical marijuana could reach $ 50 billion by 2025, the Israeli government is set to allow the local industry to start
exporting and projects annual revenues
in the hundreds of millions of dollars.
Exports and business investment
in Canada have been held back by competitiveness challenges and trade - policy uncertainties, which include escalating geopolitical conflicts that risk damaging
global expansion, the bank said.
China is the biggest
export market for Canadian soybeans and while it might be true that Canada might stand to benefit from tariffs on U.S. soybeans, the ambassador told CNBC's Martin Soong that a trade war
in general will still have a negative impact on Canada, and the
global economy at large.
The
export bounce is, at face value, a sign that China's modest economic revival is intact and suggestive of
global demand being on the mend, but imports were surprisingly weak, falling 15.2 percent from a year earlier to 13 - month lows and highlighting vulnerability lurking
in the domestic economy.
The Obama administration
in particular has advocated for small businesses to push into
global markets, and has set the goal of doubling U.S.
exports by 2014.
Instead, Coastal's
export approach, born of its acquisition strategy, is to develop a brand presence rooted
in a particular geographical market while leveraging the cost advantage of the firm's
global purchasing and distribution back end.
Lower expected
global demand for U.S. coal
exports in 2018 and 2019 also contributes to the forecast of lower coal production.
While Chinese leaders recognize that it's imperative for their economy to shift from an investment and
export model to one built around consumer spending, expect
global economy to continue to lean on the U.S. consumer
in 2016.
Growth
in exports over 2017 and 2018 are projected to be slower than previously forecast, due to lower estimates of
global demand, a composition of US growth that appears less favourable to Canadian
exports, and ongoing competitiveness challenges for Canadian firms.
Moreover,
global demand for telecommunication equipment has remained healthy, as
exports are booming, even
in the face of a strong U.S. dollar.
To create more opportunities for small businesses to compete and win
in the
global marketplace, we are moving forward on a Trans - Pacific Partnership that will boost our
exports
Meanwhile,
exports and investment are still weaker than one would expect at this stage of the business cycle, even though growth
in the
global economy has also surprised on the upside.
And as major
export - oriented economies, they share a huge stake
in shaping the future
global economic order.
Let's invest
in this transition and make sure Canada is a
global leader
in clean energy technologies and services, so that we're
exporting solutions to meet growing
global demand.»
This echoed an earlier proposal by center - right former French president Nicolas Sarkozy to levy a new border tariff on U.S.
exports seeking to enter the EU
in the event of a Paris withdrawal, as well as a call from the chairman of ArcelorMittal, a major
global steel company, for Europe to establish a carbon border tax.
Global economic forces — the sharp movement of commodity prices; the Great Recession and the lacklustre global economy in its aftermath; and, for much of the past decade, a strong Canadian dollar — battered many of our export industries and splintered their supply c
Global economic forces — the sharp movement of commodity prices; the Great Recession and the lacklustre
global economy in its aftermath; and, for much of the past decade, a strong Canadian dollar — battered many of our export industries and splintered their supply c
global economy
in its aftermath; and, for much of the past decade, a strong Canadian dollar — battered many of our
export industries and splintered their supply chains.
«The sharp decline
in March
export growth after very solid performance
in January and February suggests some exporters may have front - loaded
exports (early) this year due to concern over the possibility of a Sino-U.S. trade war after the U.S. hiked tariffs on
global imports on solar panels and washing machines,» said Lisheng Wang, an economist at Nomura
in Hong Kong.
We are seeing widespread strength
in business investment and
exports,
in conjunction with a
global economic expansion that is becoming more synchronous (Chart 6).
In terms of export market initiatives, Global Affairs Canada is a key partner in the Global Markets Action Plan that underpins Canada's international trade strategy and targets foreign markets of interest to Canadian firm
In terms of
export market initiatives,
Global Affairs Canada is a key partner
in the Global Markets Action Plan that underpins Canada's international trade strategy and targets foreign markets of interest to Canadian firm
in the
Global Markets Action Plan that underpins Canada's international trade strategy and targets foreign markets of interest to Canadian firms.
Throughout our history, we have successfully relied on our
exports and imports, particularly during the vast expansion of
global trade
in the decades following the Second World War, to support our rising standard of living.
WASHINGTON (Reuters)- The U.S. trade deficit unexpectedly widened
in September as
exports hit a five - month low, a sign that slowing
global demand could undercut economic growth
in the fourth quarter.
The moral of this story is that one reason for the flattening of the price Phillips Curve is the increase
in global supply chains and changes
in export pricing.
The event, part of the kingdom's drive to free itself of reliance on oil
exports in an era of cheap oil, attracted senior executives of
global banks such as Citigroup, Goldman Sachs, Bank of China and Mizuho.
«The TPP will further strengthen B.C.'s role
in the
global economy by reducing regulatory barriers on B.C.
exports such as wood and forestry products, metals and minerals, and B.C. fruit and seafood,» said Black.
If there is such a thing as a
global engine of growth,
in the latter case, it is the country that is able (or is forced) to import the most amount of capital and
export the most amount of demand (i.e. run the largest trade deficit).
We expect that to change
in 2014 - as the
global economy continues on its path to recovery,
exports will become increasingly central to Canada's growth story,» said Craig Wright, senior vice-president and chief economist, RBC.