Highlights

  • A public hearing will be held to determine if a product from Costco is similar to goods involved in a previous trade ruling.
  • The Canadian government has proposed guidelines for trihalomethanes in drinking water, focusing on health risks and maintaining effective disinfection.
  • New appointments and changes in various Canadian government positions emphasize diversity and inclusion.
  • BNY Trust Company of Canada seeks approval to reduce its common shares’ capital, with the decision pending regulatory approval.
  • The Canadian Transit Company will conduct its annual shareholder meeting to elect directors and discuss business matters.

Tribunal Hearing on Costco’s Foam Lounge Pad Import Dispute

The Canadian International Trade Tribunal is set to conduct a public hearing via videoconference to address an appeal involving Costco Wholesale Canada Ltd. and the President of the Canada Border Services Agency. The hearing will examine whether the Novaform Versamat Portable Foam Lounge Pad is similar to goods identified in a previous Tribunal finding related to the dumping and subsidizing of certain mattresses from China, and if it falls under the scope of that finding. Interested parties are encouraged to register in advance to attend the hearing. [Source]

Canadian Government Sets THM Guidelines and Announces Leadership Appointments

The Canadian government has proposed guidelines for the maximum acceptable concentration of trihalomethanes (THMs) in drinking water, set at 0.100 mg/L. THMs are by-products of water disinfection with chlorine and are linked to health risks such as bladder cancer and reproductive effects. The guideline emphasizes maintaining low THM levels without compromising disinfection effectiveness. The document also discusses the challenges of identifying specific chemicals responsible for health effects due to the presence of numerous disinfection by-products. Analytical methods exist to measure THMs, and strategies to reduce their formation include optimizing disinfection processes and managing distribution systems. The document also highlights the importance of not compromising water disinfection while controlling THM levels.

Additionally, several appointments and changes in government positions are announced, including new roles in the Canadian Human Rights Tribunal, Canadian Institutes of Health Research, and various courts across Canada. The document also mentions the appointment of new senators and outlines the reviewable investment limits for trade agreement and World Trade Organization investors for 2025. The government is seeking diverse candidates for various leadership positions, emphasizing a commitment to diversity, inclusion, and a harassment-free work environment. [Source]

BNY Trust Capital Reduction Plan and Canadian Transit Shareholder Meeting Announcement

BNY Trust Company of Canada plans to seek approval from the Superintendent of Financial Institutions to reduce the stated capital of its common shares by up to $26.5 million. This decision follows a special resolution passed by the company’s sole shareholder. The reduction will be distributed to the sole shareholder, and the company’s Chief Financial Officer will determine the exact amount within the authorized limit. The directors and officers are authorized to execute necessary actions to implement this resolution. Approval for the capital reduction is not guaranteed.

The Canadian Transit Company will hold its annual shareholder meeting at the Detroit International Bridge Company offices in Warren, Michigan, on December 27 at 3:00 p.m. The meeting’s agenda includes electing directors and addressing other shareholder business. [Source]

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