workers, canadian families, and canadian business. the government of canada will not sign an agreement unless it's good for canada and good for canadians. and before answering your questions, i like to thank ambassador lighthizer and his team. they have worked hard, and in good faith with us for more than a year, including some very intense days this week. we've made good progress, but there's still work to be done. >> please identify yourself and we would to questions from the line here. one question, no follow-ups. if you want to follow up, get back in line. >> i wanted to ask you -- >> i recognize you, josh. >> i want to ask you what your message is to the u.s. congress now, whether canada believes president trump what have the authority to proceed with a bilateral only deal, or whether he would need canada to proceed. >> you know, when it comes to the u.s. legislative process, that's really a question for the americans and our american counterparts to answer and sort of -- sort out. >> [inaudible] >> that's a question for the amer

but, as the canadians have heard me say, i pay in canadian -- i am paid in canadian dollars, and my job is to ensure that disagreements for canadian workers, families and business. the government of canada will not sign an agreement unless it is good for canada and good for canadians. in conclusion and before answering your questions, i would like to thank ambassador lighthizer and his team. they have worked hard and in good faith with us for more than a year, including intense days this week. we have made good progress but there is still work to be done. >> we will take questions, please identify yourself. and your outlet. if you want to follow up, get back in line. [laughter] >> josh with bloomberg news, i want to ask what your message to the u.s. congress is now, whether canada believes that president trump would have the authority to proceed with the bilateral only deal, or if he would need canada to succeed. minister freeland: when it comes to the u.s. legislative process, that is a question for the americans and our american counterparts. that is the message -- that is the questio

and among the three people on my crew was a canadian officer and two canadian ncos. i went from there to national war college, where again i worked with canadians on -- at school there. and then from there to the joint staff, where again, i worked a variety of collaborative issues, having to do with space exercises and having to do with combined space programs. i went from the joint staff out to colorado springs, i many first '06 assignment and i was sitting at my desk when the chinese launched their a-sat. and i had a canadian on my staff to help me explain to the general what had just happened and explain, you know, what it was that the air force was going to need to be able to do with that. and it wasn't long after that where i was sitting at any desk again where i got a call from folks at iridium, where they said, we had an iridium satellite that went silent, can you figure out what happened to it, immediately followed by a call, saying, we're seeing a bunch of debris. and i was again glad to have a canadian officer there who was there to help me explain what hap

among the three people on my crew was a canadian officer into canadian ncos. it worked for mayor to national war college were again i worked with canadians at school there and from there to the joint staff were again i worked a variety of collaborative issues having to do with space exercises in combined space programs. the joint staff up to colorado springs. may 1st 06 assignment sitting at my desk when the chinese launched and i had a canadian on my staff to help me explain to the general what had just happened in explain what it was the air force is going to need to be able to do with that. ... >> and i have worked with the canadians and it's also about the people that you work with. i have a couple of prepared remarks. i do work for someone and they said read this left mac. that's not quite true. [laughter] but they said you can read that. general george patton once said don't tell people how to do it just tell them what to do and let them surprise you with the results. so our commercial partners are surprising us and thank you very much. with those innova

officer and two canadian ncos.i came from -- i went from there to national war college where i worked with canadians on -- at school there and from there to the joint staff where i worked a variety of collaborative issues, having to do with space exercises and having to do with combined space programs. i wept from the joint staff to colorado springs, my first '06 assignment, sitting at my desk when the chinese launched their asat and i had a canadian on my staff to help me explain to the jenle whats just happened and explain what it was that the air force was going to do with that. it wasn't long after that where i was sitting at my desk again where i got a call from the folks saying hey, we had a satellite that went silent, can you figure out what happened to it. immediately followed by a call saying we're seeing a bunch of debris and i was glad, again, to have a canadian officer that could help me work my way through and answer to the general and how do we prevent that from happening again. that was the oridium a

but if you have canadians friends you see this, the canadians know the americans are still nice.they know the americans are still their friends. they think trump is an aberration, and so they've managed this so far without it becoming a real disaster for the trade, for the economy. there was a brief attempt to boycott american products that didn't go very well. they mostly are ready to forgive us for trump and do a deal if a reasonable one can be arrived at. that's the awkward position of the government is where we find ourselves now. >> thank you. let me explore or dive deeper into another question with both of you. francisco talked at length about this tectonic shift in mexican politics that has just occurred, and how there is now, it would be very soon in place a government that is very unlike the previous, the current government, which is into the previous government, in the way that they think about policies in the way they position themselves. you used the word nationalist. it makes one wonder, given that the trump administration's position is a nationalist position in sell

that's a canadian. my friend uses canada arm for the meme for all things important uniquely canadian that our american friends don't know about. i think it is also a good analogy for what we are talking about here today in that, you know, canada comes to the table. we don't bring a lot of flash, but we bring things that are uniquely important. we bring things that require a lot of technology and we work very, very well with our american partners. so, while we are waiting for our panel to make their way down the hallway, i will continue racing. there is a vip board back there when our speakers come in, henry kissinger, presidents, members of congress, and better, and on the vip board we have signatures and so at the top of -- as we were coming in this morning, we gave mr. bridenstine a marker to send a vip board and we directed him, henry kissinger, members of congress, canadian minister, you know, down around the logo. but the nasa administrator signed right up on top. so here we go. i had a chance to t

and canadian producers.de from those, most other segments have not seen major improvements in their everyday wages. so the great paradox here, and if it does happen then it would be a case study that has to be written about, that what ever and however many tactics and strategies workers, leaders in mexico tried since 1980s to make wage gains for their affiliates and they failed, it's now the make or break of this trilateral, potentially bilateral agreement, and the u.s. blessing of that agreement in saying if you don't do this, we will just walk away, that inset in fact, carrying out a revolution in wages in mexico. it's incredible. >> it's very interesting to watch, when you watch canada/u.s. relations because in a funny way, and i say this not being a mexico expert, lÓpez obrador seem to be a mashup of justin trudeau and donald trump. you have this nationalistic man who runs against the establishment, who challenges mexico city, and champions the people that nafta left behind. and a man of the left who is

but, as the canadians here have heard me say before, i am hating canadian dollars.y job is to them -- i am paid in canadian dollars. my job is to make sure this works for canadian emily's and businesses. the government in canada will not -- fourth -- for canadian families and businesses. host: we have a call for maria on the independent line. i want tood morning, make three comments, the first, until we get a handle on illegal aliens in our country your taking construction and other jobs from american citizens, it's not going to benefit our people. -- there, immigration are over 30 million of them in the country, we have to get a handle on the money. two, we have to have prosecution of the officials in the sanctuary cities. that they are actually subversive and should be arrested for ignoring immigration laws, and the third comment, everybody says that illegal aliens are hard workers. however, it's not just because they love hard work, if you get five dollars a day in mexico for doing agricultural work and get any kind of minimum wage in the ,nited states, but you r

you look at canadian businesses, the investments from canadian snowbirds, canadians love to spend their money in florida and is a huge boost for the florida economy and tax base. and what the level animosity between the two countries right now, i go to canada and to see boycott the usa, do not buy american products, enough is enough. i am afraid with this kind of animosity is doing to our long-term relationship, it will take a lot to pry canadians out of florida. they are looking for alternatives, perhaps mexico. host: we will have more on this down the road. thank you to laura dawson, duncan wood. announcer: washington journal, live every day with issues that impact do. attorney victoria tenzing will join us in the morning to comment on the nomination of brett kavanaugh, and law school professor joshua desser will talk about preventing foreign interference. watch washington journal live at 7:00 a.m. eastern on thursday morning. join the discussion. tv is in primey time this week on c-span3. tonight on oral histories, our women and conquer series continues with congresswoman lynn woolse

the canadian simply ordered american and canadian fighters to secure the airspace. it did not have to go back to the political leaders. that was not getting around politics. the politics were settled. nafta is now the most central relation. what is unnerving the canadians is shaking up something they thought was foundational and settled. if you go back to the auto pac, canadians were more interventionist in the economy. they were feeling as the smaller partner of north america they would have to intervene to help their companies. over time we convinced them to give up those protections in the spirit of free trade. now, though what drives the american side crazy, there are speeches about free trade helping global growth, better than anyone some the trump administration, really telling our story back to us because this was something we were trying to convince them. that dynamic is real. the second thing we have done that is causing problems -- you were all so good-looking and fabulous, but imagine you have a good friend growing up who is not so good-looking. you get a

rights and canadians interest. the troubles of the argentinian and the turkish turkish currencies are roiling markets worldwide this week the argentine peso plunged twelve percent to a record low on thursday also on thursday the argentine central bank raised interest rates to sixty percent sixty percent oh my gosh even that failed to stop the slide of the peso the recent fall of the peso was ignited after president machree of argentina made a plea on you tube to the international monetary fund or i.m.f. for a speedy delivery of the expected capital and credit we've reported on the program here in the past mr mark reclear really has the i.m.f. attention as i.m.f. managing director christine lagarde will visit argentina next week to advance talks with argentine officials over a possible fifty billion dollars credit package meanwhile the turkish lira we've spoken about continues on a general downward trend following roughly eight percent for the weekend trading at only fifteen cents earlier today that's compared to tw

the canadians ordered american and canadian fighters to secure the airspace. they were not trying to get around the politics. nafta is the most central institution in the relationship. what is unnerving them is shaking up of something foundational that they thought was settled. if you go back, canadians were more interventionist in the economy and feeling like the smaller partner and they were going to have to intervene and help the companies out. over time, we convinced them to give the protections up in the spirit of free trade. a better speech on the overtures of free trade and help it is helped global growth than anyone. they are telling us our story back. that dynamic is real. the second thing that we have done that is causing problems -- you are also good-looking and fabulous but imagine you have a good friend growing up who is not so good-looking. you get all the dates or maybe they are not as rich as you are. we all have these in our friendships. if you want to stay friends, you don't bring it up. not that it is not true but it is bedform to rub the ot

the canadians ordered american and canadian fighters to secure the airspace. they were not trying to get around the politics. nafta is the most central institution in the relationship. what is unnerving them is shaking up of something foundational that they thought was settled. if you go back, canadians were more interventionist in the economy and feeling like the smaller partner and they were going to have to intervene and help the companies out. over time, we convinced them to give the protections up in the spirit of free trade. a better speech on the overtures of free trade and help it is helped global growth than anyone. they are telling us our story back. that dynamic is real. the second thing that we have done that is causing problems -- you are also good-looking and fabulous but imagine you have a good friend growing up who is not so good-looking. you get all the dates or maybe they are not as rich as you are. we all have these in our friendships. if you want to stay friends, you don't bring it up. not that it is not true but it is bedform to rub the ot

and to call on a canadian government.ek asylum but that was very, very hard and that we will survive. it causes a lot of damage. >> thank you very much and we have heard that sophia could give a quick answer in the affirmative? >> if i could say working 30 years with refugees half of my career but things work so much more smoothly it was in everyone's best interest to be in an orderly fashion. because nobody would want to go to that your regular point it is safer and so secure and more efficient and it makes much more sense. >> talking about the human rights perspective. by no measure does refugee protection in the united states meet that required standards or international standards. but the other point that there is border management argument to be made why suspending the agreement make sense to bring back orderliness and oversight and how does refugee claims are handled at the border. >> i have two other areas we will run out of time using illegal versus irregular it isn't just semantics but the law is very specific wh

canadians can be assured that robust security measures are in place to canadian law is being rigorously applied and we are living up to our international obligations and to our duties and values as canadians and now, can i invite mister blair. >> thank you very much minister, thank you mister chair and a good morning committee members. i am happy to be able to join you this morning in my new role as the minister of border security and organized crime reduction and to be joined by senior officials in the relevant departments and as many of you are aware, i am very new to the job but the issues we are discussing are not unknown to me. having served in large metropolitan communities and having to deal with these issues, challenges posed by irregular arrivals in canada include as the representative at the table today, the rcmp, government operations and the ministries of public safety and refugee ofcitizenship canada . i hope in my new role i will be having the opportunity to support my colleagues, ministers goodale and hussein making sure we collect the dots between government and stakehol

not under canadian law. this is why amnesty international called for the safe third country agreement to be suspended. when it became clear that the government was not prepared to take that step, we joined with the canadian counsel for refugees and the canadian counsel of churches in launching a federal court application last july. full hearings are set for this coming january, but suspending the safe third country agreement now would send a strong message that canada is concerned about the defor your rating regard for rights of refugees in the united states and is committed to ensuring that the application of the safe third country agreement is fully consistent with our international human rights obligations. and, finally, it would also bring a greater sense of order and oversight to border crossings by encouraging individuals to instead make their claims at official border posts. thank you. >> thank you very much. always able to stretch the time a bit. you've got committee appearances down to a part. mr. m

or is our new canadian space policy? where is the big financial commitment that can enable these canadian startups to grow and become the next mda and how can we at that point when they grow bigger ensure that they stay in canada and don't need to expand into the native dates and transform themselves or sell themselves in the larger market. how can wager that in a bit comic a fiber optic cable, how can we ensure that becomes the next ground nation? they've been struggling for several years to get licensing from the canadian government to run a ground station in northern canada and we need to completely redo our remote sensing acts of new space can go in and deal the sorts of things only governments could do 10 years ago. the call i have here for canadians in the room as we need to get our act together. the united dates as there is a continued strong partner but it's not just the economy for the united states. it's also ensuring that global cooperation. we are positioned canada as a country directly between united dates i

. >>> the canadian house of common citizenship and immigration committee is looking into how the canadian government handled recent cases of illegal immigration along the u.s. canada border and responded to a surge in asylum seekers. we will show about four hours of the hearing. >> good morning, welcome to this, the 117th meeting of the committee. just a reminder, once the meeting begins, the only cameras that will be allowed are those from the parliament of canada for this meeting. to begin, i want to thank the witnesses for attending, but before i do that, the committee voted at the last meeting to undertake a study on a regular crossing at the southern border. that is taking place in three meetings, however it needs a budget to be approved. i am looking for us to adopt the budget in the amount of $22,600 to undertake the study of irregular crossing at canada's southern border. >> do i have a motion? any discussion about that motion? all in favor. any opposed? that is carried, thank you. as a second point of business, i want to thank the clerks for a very quick turnaround in establishin

but i don't know to what extent the canadian governments, canadian leaders can go along with that kindade. does it hurts them domestically. i think the president has much bigger problems than canada. really, when you think about the mueller investigation, the woodward book, the anonymous obscenities, he has huge problems that have nothing to do -- the anonymous ope ed, he has huge problems that have nothing to do with trade, answer is that this is what's going on but this is what we have to deal with. shery: ambassador, thank you. ambassador blanchard: -- the ane ed it's a strange world. vonnie: jim blanchard -- amanda: jim blanchard, joining us from washington. canada's minister of the status of women will join us talk about how to tackle the stereotypes: women back in both the private and the public sector. this is bloomberg. ♪ shery: this is "bloomberg markets," i'm shery ahn in new york. amanda: i'm amanda lang in toronto. canadian prime minister justin trudeau is expected to take the stage today at a summit in toronto highlighting the work of women around the globe. trudeau has lo

>> anthony: you celebrate canadian history, you celebrate canadian traditions, you celebrate canadian here? is it -- is it national, uh, quebecois fervor? >> david: i think that's very much it. he's very much a patriot. i say all the time this is one of the most important restaurants, to me, in north america, if not the world. it's an art installation, if you actually look at it. ♪ >> anthony: the meal begins -- begins -- with a tower of maple desserts. good lord. sponge maple toffee. maple donuts. beaver tails. maple cotton candy. but, but, but wait, there's more. almond croissants, whippet biscuits, some nougat. >> david: yeah. >> anthony: ah, there we go. i think that's a first for me. i've never seen that done. >> david no? >> anthony: well, not with a hammer. let the madness begin. next, a whole lobe of foie gras with baked beans, on a pancake, cooked in duck fat, of course, cottage cheese and eggs, cooked in maple syrup. wow. that's awesome. there's a healthy salad, sautéed duck hearts, gizzards, and pig's ear, topped with a heaping pile of fried pork rinds. good lord. mmm. oh,

effect on on economic growth and on the state of the canadian economy and. your decimated that the elimination of nafta the reposition of auto tariffs would cause the canadian dollar to decline between eight and fifteen cents if you want a volatile. so this is this is in particular the imposition of a twenty five percent tariff rate on automobiles eight to fifteen cent decline the canadian dollar visa v. the u.s. dollar and i mean the industry directly employs a rough one hundred forty thousand people and since there are so many banks across the border and so many cars are shipped to the united states it's one of our biggest exports and scott what is it about the proposed agreement that the canadians like there are so many there are so many things about this deal that kind of agrees with their changes to chapter eleven which the investor state to dispute resolution mechanism these things kind of supports the requirement to have forty five percent of a vehicle creations were produced by workers to make at least fourteen u.s. dollars per hour that's something

i canadian investors? -- by canadian investors? >> u.s.al estate is really standing out as a compelling investment in global investors from a variety of countries, not just canada, because of the fact that the yield profile of our asset class is competitive without being overleveraged. so there are no real timebombs around the corner. investors continue to be very active. they. 30% of the capital coming into commercial real estate, which is on par with all of asia and all of europe. so canada is a significant player in u.s. real estate and has been for some time. amanda: your company is expanding into this market to facilitate some of those transactions. the commercial real estate seems to be the place that canadian investors are really seeking. we saw outside interest in manhattan. kind of investments are they making? >> canadian real estate has been , but it is pretty high-priced and the yields are lower. the u.s. real estate is very attractive to canadian investors. that is the crux of why we are expanding in canada, to say nothing abou

no nafta is better than a bad nafta deal for canadians so the canadian prime minister there signalingome of his demands including supply management, which is sort of the canadian version of farm subsidies based on controlling the supply overall of commodities that are produced. that's one thing that's an area of focus meanwhile we're learning -- getting a new picture here of dysfunction inside the white house in this new bob woodward book excerpts have been released to it two incidents relate to trade and nafta. look at these two bullet points from the book. gary cohn, according to the book, stole a lert otter off trs desk that would have withdrawn the united states from a trade agreement with south korea and a letter to withdraw from nafta, cohn said i can stop this, i'll just take the paper off his desk so woodward portraying a white house of chaos and people taking papers off the president's desk. the president is saying the bob woodward book is full of fabrications back over to you >> stick around. let's bring in jimmy pethokoukis. is everything just as easy as stealing a piece of

and the canadian side.one, it will help how we interact and relate with each other and it certainly helps both companies when you come tonight competition as well. i think in the past this was a realm that was solely government and obviously that is changing now so i won't belabor that point any more. i think this new commercial center of gravity allows development of everything required to reach and explore, view, communicate and develop insights from space, in space. and i thank the administration and the hill right now for taking on those kinds of things. so i'll just finish with from a future perspective, things that we're looking at, i think that we could work together, the u.s. and canada, and maybe lead globally in developing space safety and that can encompass both cyber space awareness and space traffic management and maybe we come together as canada and the u.s. and we help develop the standards of the rules of the road that are the basics. let's just go for the very basics right now and develop t

the canadians like this panel of arbitrators but the u.s.l they lose too much and they don't want to see their sovereignty. david: let's come back to something you started with. what is the real deadline here? we thought there was a deadline last friday. that was really a fake deadline. there is a real deadline in terms of what they have to give the text to congress. michael: october 1 is the deadline. if you are going to write up the text and send it to congress, you need a bun -- you need it done by the 29th. they have about three or four weeks to be able to do this. it is certainly possible to get done. they have the mexican aspect done in that period. -- ther, the caucus clock is ticking on the political calendar as they get closer to the election. there will be more pressure on both sides. david: including on republican senators and congressmen who were from states who have a lot of trade with canada. you have republican saying, you think you will do this without canada? i'm not so sure. michael: it would not play very well into the ele

farmers canadian supply man is farmers are not subsidized but anyway the american dairy farmers are quite heavily subsidize he always read in the press how they can't survive how the markets the milk prices so cheap. canada's dairy farmers say there is an industry that produces quality products for a local market and they're tired of trade negotiations using them as a bargaining chip for now canada's nafta negotiators are defending the canadian dairy system against u.s. demands for open borders but as these long running talks enter a feverish final phase the pressure is growing on canada to either join an agreement already made with mexico or be left out entirely they want to get access for wisconsin farmers into the canadian dairy market so it seems donald trump has brinkmanship is actually quite good he's put canada in quite a vulnerable situation we're in iraq and to the extent they focus in on barry canada's going to have to give something. quite simply canada needs access to us markets for most of its exports even though the government signed free trade deals with other countri

to hopefully get similar regulations going on us and canadian side. one, it will help how we into react and interrelate with each other i would think and it certainly helps companies when you come to international competition as well. i think in the past this was a round that was solely government and obviously that is changing now. i think this new commercial center of gravity allows development of everything required to reach, explore, view, communicate, and develop insight from space, in space, and i think the administration for taking on those kinds of things. i will just finish with, from a future perspective, things that we are looking at, i think we can work together, the us and canada and maybe lead globally in developing space safety and that can encompass those cyber space awareness as well as space traffic management. maybe when we come together as canada and the us, we can help develop the standards of the rules of the road, let's just go for the very basics right now and develop those standards so internationally maybe folks will come on

the canadian banks are going to plays andd support orphaned stock.they have traditionally been in lossesor not suffering the u.s. banks have in the past. >> where we sing the interest from? right now, looking purely on the message boards. there is a lot of interest. if it is anything like the big frenzy, we will find out it is a lot of young men with data on bitcoin and bitcoin related stuff. is interesting is we seem to have stepped in this news fate -- new phase. even as till roy is getting , the association is still a kingmaker for other stocks. what are the biggest traded stocks right now? aurora, the three big ones. and the etf's. ,ne thing i found interesting there has been a negative correlation. itself, investors are rotating between saying that kind of crazy growth and thinking everything will catch up and grow just as much. >> great to have you with us. thank you for that. you can catch all of our interviews on the bloomberg with the function tv . you can save some of your favorites. this is bloomberg. ♪ xfinity mobile is a new wireless

and canadian site. it will help only in a react to an interrelate with each other and with internet helps both companies when you come to international competition as well. i think in the past this is a realm that was solely government and honestly that's changing now so i won't belabor that point anymore. i think this new commercial, center of gravity allows development of everything required to reach comet explorer, view, communicate and develop insight from space in space and they think the administration in the right now for taking on those kinds of things. from a future that is, we could work together u.s. and canada in developing space safety and not encompass both cyberawareness as well as traffic management and maybe we come together as canada and the u.s. have developed and the liberals of the roads that are the basics. let's go for the very basics right now and develop the standard so internationally folks will come on board and made the effort. as far as future options go we are looking to ha

which will be really good for canadian workers.n that basis, we are optimistic about having very good productive conversations this week. >> canada cannot be seen to the -- be caving to u.s. demands. there is a sense they are being bullied into this agreement, and they don't like the tension between trump and trudeau. i believe in order to get a political win, canada will need some concession from the u.s. that is the big question right now. what can they take back to canadians that is worth giving up on their side? >> president trump wants to impose additional tariffs on $200 billion worth of chinese imports as soon as next week. why next week maybe the d-day for these tariffs. >> we have been talking about this all summer. president trump has made it no secret he wants to put pressure on beijing. the big deadline next week is expiring of a public comment period on this list of 6000 products worth some $200 billion he would like to slap a 25% tariff on. that is the trigger point. word is he does not want to wait around. >> today t

workers canadian middle class canadians in general the canadian prime minister justin trudeau there well why i call it a bit of very unfair focusing on online payments to setsu not german giant come out by and out of the blue chip dax index today is the latest sign of plucky fin techs out shining traditional endless wire cart makes software for cash and contactless payments the company started out processing called payments for gambling and pornography websites now some of the biggest names in business using its services. but munich airport chinese travelers are known as an avid buyers of luxury goods just before departure. since recently they've also been able to pay with early pay or we chat chinese payment systems. this watch merchant process is the transaction through the wire card company. germany's why a card takes a one point six percent commission for the service. on the phone thank you think this is to begin with it looks relatively easy and all the trader has to do is integrated it in software like that you also have to look very closely at the security anger when you hear

the canadian dollar there would be relief. we also have a central bank meeting coming up. expectations of another later on this year from bank of canada. certainly there would be relief. it was a disappointment at the end of last week that those talks fell apart perhaps not an enormous surprise for many commentators. we are looking for something positive after those talks >> we have to leave it there thank you very much for your thoughts >>> full-year pretax profits for barratt has jumped they got a boost from higher housing completion and rising margins. barratt added that it is well positioned to improve performance going forward. >>> and london house prices are robust but the market lacks urgency, that's according to berkeley's high transaction costs and brexit uncertainty constrained the national market. the company backed its half-year and long-term guidance >>> before we head to break, the fbi recovered a stolen iconic piece of movie paraphernalia dorothy's ruby red slippers. u.s. authorities recovered the shoes in an un

importing something from canada, if you cut off the canadian cars , there is no such thing as a canadian car. when you cut off that car, that is a ford and you cannot get because they ford are canadian. you are affecting supply chains. what happens when the manufacturers are no longer able to produce competitively in north carolina -- north america? they go someplace else. guest: we tend to forget about the consumer. saved billions of dollars every year because of the integrated manufacturing systems. the conversation is developing in china and carrots with china, looking up prices for consumer goods going up, at the wilson center, a study looked at the impact of integrated production in north america between the united states, mexico, canada, and lowered prices dramatically for u.s. consumers which allows them to have more money in their pocket which they spend in their local economy. people forget about this. if you save $100 on a washing machine that is for this more cheaply in north america, you have $100 to take your family for dinner or to the movies. that is money into your local

the canadian marijuana company tillery soaring.he ceo todd of the company's prospects in an interview after the bell. have jumped more than tenfold since the ipo in july. the big winner in all of this is the private equity fund backed by peter teal. array, now% of till worth more than $12 billion. the chairman of danish bank dan scott now says that a large portion of the 230 $4 billion that flowed through its tiny estonian unit should be treated as suspicious. is bank ceo thomas borgen stepping down in the aftermath of one of europe's biggest money laundering scandals. andchairman will anderson that he may leave as well. amazon.com run the risk of following in the footsteps of google when it comes to the european union. eu antitrust chief says regulators are asking how the online retailer is treating smaller rivals trading on his own website. the eu find google billions of euros in a similar case. now there is no formal investigation underway. amazon is not commenting. that is your business flash update. coming up, the house that b

we will not sign a deal that is bad for canadians and quite frankly not having a chapter nineteen to ensure that the rules are followed would be bad for canadians chapter nineteen of the trade agreement is a mechanism to resolve disputes through arbitration tribunal's so far the white house has refused to give ground president trump wants things done his way on his way to the golf course on the weekend he used twitter to threaten that he would stop talking to canada in that case candidate would no longer be party to the north american free trade agreement. the venezuelan government began a pilot program on tuesday in its border states to provide service stations with wireless devices that use a state backed identification document called the fatherland called to carry out fuel transactions president the credits my daughter says he wants to raise fuel prices to international levels and then allow venezuelans with the cost to buy at a discount but the government is struggling to rollout the new machines necessary for this game experts estimate that his weight in these at least five bil

federal laws any canadian working or investing in the cannabis industry or is even used marijuana in the past could be turned away at the border and may even risk a lifetime ban on travel to the u.s. customs and border protection says this would even apply to canadian marijuana companies that are on u.s. stock exchanges and not involved in any cannabis business in the u.s. border protection officials say that each inspection, though, is different and officers do have discretion todd owen with u.s. customs and border protection says our officers won't be asking everyone whether they used marijuana. but if other questions lead there or if there is a smell coming from the car they might ask. a more common question they could ask is about someone's work if a canadian reveals they are employed at a cannabis company they could be denied access into the u.s. officials declined to speculate how often this issue occurs but one canadian employee of a legal marijuana company tells me they feel traveled back and forth across the border without issue, even after disclosing during questioning that

it is unlikely there will be a deal on nafta this week according to a canadian government official who says the talks with the u.s. in washington have seemed upbeat. the canadian foreign minister has pushed back against any questions of a deadline, the trump administration said they're willing to sign a trade deal that only includes mexico. brazilding candidate in of the presidential race is in stable condition after a near fatal stabbing. the right-wing lawmaker was attacked during a street rally. police say the attacker told them he had been sent by god to static and it. b the candidate. global news 24 hours a day, on air and @tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. i am courtney donohoe appeared this is bloomberg. vonnie: coming up, we will speak to alessio de longis from oppenheimerfunds. this is bloomberg. ♪ amnie: live from new york, i vonnie quinn. romaine: i am romaine bostick and this is the european close on bloomberg markets. vonnie: the fed president speaking now at a panel titled reality check, the former vice , the

canadian economy into recession. it is something canada wants to avoid. justin trudeau does not want that to happen. in terms of things the u.s. would like to see canada do, including opening its dairy market and other elements, that is definitely a strong bargaining position. so, and there's a few other rather obscure but important elements, among those being hammered out now supposedly with the u.s. negotiators on a conference call with the canadian team up in ottawa. haidi: ros, thank you so much for that, keeping us up-to-date with ongoing the gap -- negotiations with nafta in washington. whos get over to jason joins us from austin, texas. great to have you on with us. the s&p 500 had its best quarter in about five years. if we get a resolution on nafta, is this another excuse for a market that wants to keep going higher to actually go higher? a number ofnk for companies it is definitely going to be the truth. i think there would be a lot of optimism for a number of companies that have been under pressure for thi

a project which engaged over 2 million canadians and brought over 40,000 refugees to canada. we will explore more about that really amazing endeavor from our neighbors up north. jennifer is also, provide strategic advice to canada's ambassador to the u.n. and to the united nations high commissioner for refugees. finally, chris gersten to my right served as director of the office of refugee resettlement from 1989-1993. from 2001-2005 he served as principal deputy assistant secretary for the administration for children secretary for the administration for children families in the department of health and human services. welcome, painless. thank you for being here. we will have about 30 minutes of discussion event like a previous panel we open up 15 minutes for audience q&a. we invite you to tweet at the niskanen center at our participants use the hashtag niskanen center events and refugees in america. a lot to discuss pick let's jump right in. chris gersten, let's start high level from the time at the office of refugee resettlement and making 91-1993. can you 93. can you discus

opposes canadian negotiate. say they're still hopeful they can reach a deal on an agreement that doesn't leave canada out we know that a win win win agreement is within reach and now that's what we're working towards with goodwill and flexibility on all sides i know we can get there canada's economy is highly dependent on trade with the u.s. more than a billion dollars a day in business flows between the two countries president trumps threats to slap high tariffs on canadian built cars would be disastrous for the country's workers and manufacturers both the u.s. and mexico say canada can be part of a deal to replace nafta many members of the u.s. congress some of them from donald trump's republican party agree but a protectionist trump administration has so far been demanding far more than canada's negotiators have been prepared to give daniel lak al-jazeera toronto russia has accused ukraine of assassinating prominent separatist leader alexander in eastern ukraine the russian about leda rebels and done that sch

you look at canadian businesses, the investments from canadian snowbirds, canadians love to spend theironey in florida and is a huge boost for the florida economy and tax base. and what the level animosity between the two countries right now, i go to canada and to see boycott the usa, do not buy american products, enough is enough. i am afraid with this kind of animosity is doing to our long-term relationship, it will take a lot to pry canadians out of florida. they are looking for alternatives, perhaps mexico. host: we will have more on this down the road. thank you to laura dawson, duncan wood. come back again. up next, we will take a closer look at some of the top ballot measures voters will consider this november. we will be joined by reid wilson . we we will be right back. ♪ night, cbs news chief white house correspondent major garrett talks about his book, . >> it is not just about partisanship. it transcends parties. i described donald trump as proto-partisan, bigger than partisanship, because there is this emotional dynamo that he spins within people. he does it intentionally, s

he has threatened to hit what he calls the "motherlode" of canadian exports to the us, the car industryon a year. the us wants a new deal signed off before the new mexican president takes office on december i. us law states any trade text has to be published 60 days before a vote, so a deal must be done by this monday, october i. there is a huge amount at stake. around $1.2 trillion worth of goods are traded between the three countries every year, and a failure to agree a deal would impact millions ofjobs. here's what both leaders had to say earlier this week. i don't like nafta. i never liked it. it has been very bad for the united states. it has been great to canada, greater mexico, but very bad for us. i'm not going to use the name nafta, i refuse to use it. i've seen thousands of plants and factories closed. we continue to engage in the continuous negotiations. the conversations are consta nt negotiations. the conversations are constant and ongoing. we are very much looking in a positive, constructive way to getting to a renewed nafta that will be a trilateral agreement between cana