Search Results for: Canadian

Plastic banknotes have been in circulation since their introduction in Australia in 1988 and the consensus so far seems to be that they do an excellent job of a key requirement – reducing counterfeiting. It may be that forgers will gain more expertise in time – faking is considerably more difficult on plastic than on cotton-based paper – but the initial reports from larger countries that have taken this route, such as Canada, Australia and New Zealand, have persuaded the UK’s Bank of England to follow them.

Plastic banknotes have been in circulation since their introduction in Australia in 1988 and the consensus so far seems to be that they do an excellent job of a key requirement – reducing counterfeiting. It may be that forgers will gain more expertise in time – faking is considerably more difficult on plastic than on cotton-based paper – but the initial reports from larger countries that have taken this route, such as Canada, Australia and New Zealand, have persuaded the UK’s Bank of England to follow them.

CHINESE President Xi Jinping’s prominent ongoing anti-corruption, anti-money laundering campaign has been worrying mainland Chinese citizens who seek to move ill-gotten wealth from mainland China to China’s Special Administrative Regions Macau and Hong Kong. These two jurisdictions are China’s major conduits for dirty money because, once the money has been moved there, there are no limits on outbound money transfers.…

Rising incomes and a continued tightening of food safety enforcement is boosting demand in China for commercial packaged oils, with consumers moving away from the bulk oils that have dominated past markets.

Overall, while year-on-year growth in global oils and fats production has averaged 3% in each of the past two years vegetable oils sales in China will rise an average 16% per year in the period 2014-2018.…

THE WRITER’S Union of Canada is calling for a number of tax breaks for authors in its submission to the Canadian government’s consultation for framing a federal budget, to ease what it regards as instability and increased industry pressure on writers.…

The request was highly unusual. But, when the ambassador of Haiti to Canada heard that Montreal’s Mirabel airport was to be demolished, his thoughts turned to his country’s Cap Haïtien airport, which was undergoing large-scale renovation. The doomed airport’s equipment, he figured, would be of more use in Haiti than on the scrap-heap.…

AS companies and government organisations implement more stringent fraud detection programmes, they are recruiting the best and brightest anti-fraud experts. Universities in North America, Australia, Europe and Asia are responding to demand for anti-fraud expertise by offering fraud prevention classes in accounting, criminology, and business degrees.…

THE COMPREHENSIVE Economic and Trade Agreement (CETA) between Canada and the European Union (EU) will make it easier for both jurisdictions to recognise each other’s nursing certifications. Political leaders celebrated the end of negotiations in September in Ottawa, Canada (Sept 26).…

THE AMERICAN government has complained of delays by the outgoing European Commission that leaves office on November 1 regarding the authorisation of new bio-tech food products and ingredients for use in the European Union (EU). In a strongly worded message to the World Trade Organisation’s (WTO) disputes settlement body, the US said that the EU had failed to leave decisions to regulatory committees acting on European Food Safety Authority (EFSA) advice.…

DETAILS of the agreement to mutually open the groundhandling markets of the European Union (EU) and Canada have been revealed upon the end of negotiations over a major trade deal. The Comprehensive Economic and Trade Agreement (CETA) between them goes much further than standard trade deals, offering mutual investment protection, movement of skilled workers and access to service markets.…