Canada to boycott Commonwealth in Sri Lanka [VIDEO]
Canada PM Stephen Harper said that the main reason behind the boycott is the concern of human rights abuse. He has always expressed his desire to cut off its funding as well. Mr Harper issued a statement on Monday emphasising on the failure by the government of Sri Lanka to uphold the core values of the Commonwealth. He further added that Canada had remained to be disturbed by the reported confinement and intimidation of journalists and political leaders in the South Asian country. There has been alleged harassment of the minorities in the country. People have strangely disappeared and there have been alleged illegal murders. Even though there have been assumptions that Canada may boycott the next Commonwealth summit to be held in Sri Lanka, Mr Harper’s confirmation at the Asia-Pacific Economic Cooperation meet now makes it official. In addition to the boycott, Prime Minister Stephen Harper warned that Canada might cut off its funding to the Commonwealth organisation on the grounds of the consistent reports of alleged human rights violation in the host country. Mr Harper was speaking at the APEC summit when he expressed that the decision to boycott the summit had been made with a “heavy heart”. Canada’s decision to boycott the Commonwealth summit this year does not, however, come as a surprise as it has been expressing its desire to do so since 2011 when the Commonwealth leaders’ meet was held in Australia . On the other hand, Mr Harper’s candid views on the political condition of Sri Lanka create the ripples. The Commonwealth organisation was formed with 54 nations who were under the British rule in the past and are now facing economic crisis to exist on the global platform. Canada’s decision to boycott the summit may come as a double blow as the U.S. President Barack Obama is not going to be able to present at the meet due to the budget crisis at Washington. Deepak Obhrai, the parliament secretary, is now going represent Canada on behalf of the prime minister.
Warrnambool, whose brands include the Sungold Milk range of fresh milk, supplies dairy products to both domestic and international customers. Saputo made an off-market offer of A$7.00 per share for Warrnambool in an all-cash deal, which the Warrnambool board had recommended shareholders to accept. That was well above a A$5.75 per share offer from majority owner Bega Cheese Ltd (BGA.AX) in September. “The board came to the view after careful consideration that the Saputo offer is far superior to the Bega bid in terms of both value and conditionality,” Warrnambool CEO David Lord told reporters in a media briefing on Tuesday. “It provides greater certainty and substantial premium to WCB shareholders.” The offer represents a 57.0 percent premium to the one-month volume-weighted average price of Warrnambool shares before Bega’s offer was announced, the company said. Warrnambool shares surged 11.8 percent to A$7.22 by 0200 GMT, touching an all-time high of A$7.29, after the takeover was announced. “This is our dream of ultimately having an Australian platform,” Saputo CEO Lino A. Saputo, Jr. said in a media briefing. “We believe Australia has the ideal platform for us getting products into those emerging markets.” The Canadian company currently has a sales office in China, and is selling dairy products into other Asian markets such as Japan, Taiwan and South Korea, out of its Argentina operations. When asked if the company would look to make more acquisitions in Australia, Saputo said the appetite is there. “We have an appetite to grow and most of that growth will come through acquisitions. And of course if there are other assets available for sale, we will be part of that process,” Saputo said.
Canada’s Saputo to take over Australian dairy producer Warrnambool
Three in 10 scored at the lowest level for both reading and math. Sweden and Finland scored highest on digital skills, based on tests that involved sorting email into folders, finding data in spreadsheets, and setting up a meeting using more than one application to manage scheduling conflicts. Out of all 24 countries surveyed, Canadians ranked 7th in computer skills, 11th in literacy skills and 15th in numeracy skills. The latter finding didnt surprise the education minister. The provinces have got some work to do there, he said. The country performed well despite having one of the highest immigrant populations in the survey whose mother tongue was not one of Canadas two official languages. In fact, Canadian immigrants outperformed immigrants in most other countries, which partly reflects Canadas immigration criteria, which favours well-educated applicants. However, the report also sounded alarm bells on the state of the least skilled adults across the developed world. In most countries, including Canada, roughly 1 in 10 adults score at the bottom of the skills charts, the report found. Theyre able to follow simple instructions, fill out forms, and make change. But they have no experience with computers. In other words, significant numbers of adults do not possess the most basic information-processing skills considered necessary to succeed in todays world, the study found. On an encouraging note, skills can be taught, the study said, noting that Koreas investment in its schools has led to higher literacy skills among younger adults than older adults. In other countries, such as the U.S., theres been no change over the decades, the study found. Young people in these countries are entering a much more demanding labour market, yet they are not much better prepared than those who are retiring, the report warns.
Canada Harvesting Bumper Crops
per acre. “Yields are beyond peoples experience,” says Duvenaud. He was anticipating a crop near 17 million tons, and the average trade estimate was about 16.5 million. He expects Statistics Canada to increase canola production in December. “If theres a bullish story, it will be on the canola side. Canola futures prices have fallen $50 per ton since harvest started,” says Duvenaud. “The worst of the harvest pressure on canola is probably over.” Saskatchewan producers anticipate a record-large canola crop of 8.1 million metric tons, up 24.2% from a year ago. The average anticipated canola yield in Saskatchewan of 35.2 bu. is 40% larger than last years 25.1 bu. per acre. Record-high yields are expected for barley and oats as well. Barley production is expected to increase 18.1% to 9.2 million metric tons, compared with last year, as the average yield hits 68.2 bu. per acre. Oat production is expected to rise 16% to 3.2 million metric tons as the average yield soars to 82.6 bu.