Canada Politics

NEW Gender and Politics in Contemporary Canada

Memoirs Levesque Rene Canada politician Politics Book

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Canada Metals Report Q2 2010

Canada Metals Report Q2 2010

The Canadian steel industry will witness a steady recovery in 2010, but the strength of growth will be determined by the fate of the automotive industry and a likely deal with the US on the ‘Buy America’ programmed that has exacerbated the effects of recession on the sector, according to BMI’s Canada Metals Report.

In 2009, Canada produced 8.97mn tones of crude steel, down 40.7% year-on-year (y-o-y). Q409 saw output rise 19.5% quarter-on-quarter (q-o-q) and 1.0% y-o-y to 2.34mn tones. Full year output was 500,000 tones below our forecasts, which had envisaged much stronger output and lower inventories in Q409. BMI estimates that hot-rolled output fell 35.4% y-o-y to 9.27mn tones.

Canadian steel shipments for 2009 were down by 26.4% y-o-y to 4.92mn tones, while inventories at the end of December were 1.04mn tones or 10.5% down y-o-y and, at the time, equating to 3.2 months supply, according to the Metals Service Center Institute. However, data show that the situation is slowly improving, although nowhere near pre-recession levels. Shipments of steel products from Canadian metals service centers were up 9.2% y-o-y to 444,400 short tones in January 2010. Canadian inventories at the end of the month totaled 1.18mn tones, equal to 2.7 months supply. BMI believes that inventories will need to decline further for the market to tighten and output to be boosted. This will depend in part on export performance, particularly to the US.

In February 2010, the US and Canada entered into a tentative pact to address Canada’s concerns over Buy American provisions in the US7bn economic stimulus package and open new Canadian markets to US exports. The agreement would give the US permanent access to Canadian provincial and territorial procurement markets under the WTO’s Government Procurement Agreement (GPA). In return, the US would provide Canada with access to the 37 states covered by the GPA. If finalized, the agreement would ease long-running tension between the US and Canada over access to procurement markets and provide a life-line to the Canadian steel industry.

However, it may be too late for US Steel’s facilities in Ontario, which were closed down in January 2010. The steelmaker owns the Hamilton complex at Lake Ontario with 2mn tone per annum (tpa) capacity of semi-finished steel, including 350,000tpa of bloom-cast billets. It also owns a 275,000tpa hot strip mill, pickling lines with 900,000tpa of capacity and cold rolling lines with 1mn tpa capacity. US Steel Canada’s Lake Erie Works is located in Nanticoke, manufacturing 2.25mn tpa of slabs and 3mn tpa of high-quality hot rolled coils. The controversial mothballing of these facilities, which is now the subject of a legal dispute between the federal government and the steelmaker, is a significant blow to Canadian steelmaking, although the plants may be divested if approved by the Canadian courts.

In developed markets such as Canada, prospects are more subdued with progress expected to be modest throughout 2010. The steel industry will emerge from the current crisis increasingly focused on the emerging economies for growth. In terms of aluminum market demand, rising automotive sales within the North American market, coupled with increasingly stringent import and export laws over the last quarter, will certainly aid in easing the pressure for Canadian manufacturers; however, much has yet to be done to reach the levels witnessed within the aluminum markets only two years ago. Yet BMI does not believe there will be a return to pre-recession levels, with some capacity likely to come offline permanently. As such, by 2014 crude and hot-rolled output will be 7.9% and 8.8% down on 2008 levels at 13.94mn and 13.09mn tones respectively. At the same time, domestic finished steel consumption should return to the levels more typical of those seen before the recession, at around 15.5mn tones.

TABLE OF CONTENTS

Executive Summary

SWOT Analysis

Canada Political SWOT

Canada Economic SWOT

Global Metals Market Overview

Table: World’s Top 10 Steel Producing Countries (mn tonnes)

Table: Recently Added And Planned Smelter Capacity

Aluminium Outlook

Table: BMI Aluminium Forecast

Table: Aluminium Indicators – Historical Data and Forecasts

Copper Outlook

Table: BMI Copper Update

Table: Copper Indicators, Historical Data and Forecasts

Metals Price Outlook

Table: Stock Levels At London Metal Exchange Warehouses (tonnes)

Global Mining Outlook

Table: Biggest Chinese Acquisitions In Australia Since 2005

Table: Global Mining – Top Five Companies By Market Capitalisation (US$ mn)

Table: Global Mining – Key Players’ Future Investment Plans (selected projects)

Industry Forecast Scenario

Table: Canada’s Metals Industry, 2007-2014

Macroeconomic Forecast

Table: Canada – GDP Contribution To Growth

Table: Canada Long-Term Macroeconomic Forecasts

Competitive Landscape

Steel

Aluminium

Table: Canadian Aluminium Smelters

Trade Relations with the US

Company Profiles

Rio Tinto Alcan

ArcelorMittal Dofasco

US Steel Canada

Global Assumptions

2010 Global Growth Forecast Raised To 3.2%

Table: Global & Regional Real Gdp Growth

Table: Global Assumptions

Developed States

Table: Developed States, Real Gdp Growth Forecasts

Emerging Markets

Table: Emerging Markets, Real Gdp Growth Forecasts

Country Snapshot: Canada Demographic Data

Section 1: Population

Table: Demographic Indicators, 2005-2030

Table: Rural/Urban Breakdown, 2005-2030

Section 2: Education And Healthcare

Table: Education, 2000-2003

Table: Vital Statistics, 2005-2030

Section 3: Labour Market And Spending Power

Table: Employment Indicators, 2001-2006

Table: Consumer Expenditure, 2000-2012 (US$ )

Table: Average Annual Manufactuing Wages, 2000-2012

BMI Methodology

How We Generate Our Industry Forecasts

Cross Checks

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The Canadian Regime: An Introduction to Parliamentary Government in Canada, fourth edition

The Canadian Regime: An Introduction to Parliamentary Government in Canada, fourth edition

Lucid and readable, The Canadian Regime is a well-established, well-known introduction to Canadian government. By explaining the inner logic of parliamentary government, as well as the underlying rationale for its institutions and processes, the authors demystify what might appear to be a relatively complex political system. Urging readers to consider the organic nature of the political system—in which change in one area inevitably ripples through the rest of the system—the authors provide m

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Price: $ 37.22

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Interview with Stephen Harper (Part Two)

In part two of this interview, Peter Mansbridge asks how Stephen Harper would do things differently if he had a majority. Plus, the Prime Minister shares his thoughts on how tone and rhetoric in Canadian politics have changed over the last few years.

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The Civil Rights Party of Canada (CRPC) Announced Their Support and Endorsement of Raphael Louis as Leader of the Party Unanimously

Mississauga, ON (PRWEB) August 6, 2010

Dealing skillfully with the Senate, the House of Commons, and all levels of government, Raphael Louis initiated various legislative projects to stimulate human rights implementation, increase political representations for all Canadians citizens regardless of origin, gender or social status. Raphael Louis has also embarked upon an action course of shaping public policy, socioeconomic, socio-political and human rights mechanisms.

Raphael Louis rallied national and international support to the cause and in foreign policy, Raphael Louis preponderantly seeks to achieve peace and prosperity; and strengthen international trade mechanisms and direct foreign investments through diplomatic alliance and dialogues We’re going to be with Raphael Louis every step of the way. Through his experience and performance over his intergovernmental experience and political advocacy, Raphael Louis has proven that he has the integrity, the vision, and the will to be the next Prime Minister of Canada.’

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Canada – Political Correctness and Deportation

Canada – Political Correctness and Deportation

Are protesters advocating that the immigration laws be amended to eliminate deportation as a remedy against prospective immigrants to Canada who violate Canadian laws? Many seem to be advocating removal of deportation as a remedy in Canadian immigration law. Politician Raymond Chan was the latest person calling for Bruce Allen to retract his statements and apologize after he essentially said if one does not want to follow the rules in Canada he/she should go back home.

On the surface it seems to be a very politically incorrect thing to say if Mr. Allen meant that immigration should not be encouraged in Canada. However, many argue his statements merely mean that if a prospective immigrant to Canada breaks Canadian laws, deportation is a remedy under current immigration laws which should be used. Many recent examples exist to show that deportation is a valid and proper remedy in certain immigration cases.

Recently an Indian ‘immigrant’, Mr. Saini, received his law degree from Windsor University in Ontario and is on his way to become a lawyer in Canada. In 1984 however, he was the leader of a terrorist group which hijacked a plane in India. He came to Canada using a false name and then claimed refugee status. He was ordered deported shortly thereafter. Nearly 25 years later, Mr. Saini, is still in Canada fighting his deportation and earning his law degree. Is Mr. Allen wrong in saying that a non-rule follower such as Mr. Saini should be deported and go back home?

There are other examples. A gangster from China is currently living in a luxury condo in Burnaby’s Crystall Mall towers. Like Saini he didn’t follow the Canadian rules and was ordered deported and is now fighting his deportation. Is Mr. Allen wrong in saying that such a non-rule follower should be deported back home? Vancouver residents are also well aware of the street racing incident in the North Shore involving an immigrant from India who was drag racing and killed an innocent pedestrian. As a result of his conviction he was ordered deported and is fighting his deportation. Is Mr. Allen wrong in saying that a non-rule follower should be deported back home?

If Mr. Allen is wrong in saying non-rule followers should be deported, this means that politicians such as Mr. Chan and others are essentially calling for an abolition of the remedy of deportation in Canadian immigration law. If we structure our laws such that we cannot deport ‘non-rule’ followers, then aren’t we just harbouring terrorist and criminals in Canada? There is no doubt in many people’s mind that Bruce Allen will eventually be booted off the Olympic committee because what he said is not politically correct.

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