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Happy Birthday Channing Tatum!!!

April 26th, 2017


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New Poster For Isle Of Dogs Movie.

April 25th, 2017


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Honest Trailers – The Social Network

April 25th, 2017



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Canadian dollar stumbles as US plans tariffs on lumber

April 25th, 2017

Canada’s dollar, known as the loonie, dropped to its lowest since December after the U.S. announced plans to impose tariffs on its Northern neighbors’ exports of softwood lumber.

The U.S. dollar was fetching 1.3552 Canadian dollars at 8:47 a.m. HK/SIN, compared with around C$1.3408 just before the announcement.

 

U.S. Commerce Secretary Wilbur Ross said on Monday that anti-subsidy tariffs averaging around 20 percent would be imposed, affecting $5 billion worth of imports of softwood lumber imports from Canada, Reuters reported.

 In total, Canada exported around C$8.6 billion (around $6.37 billion) worth of softwood lumber in 2015, according to Canadian government data, which indicated the country was the world’s fourth-largest forest product exporter.

In 2015, the U.S. imported a total of $325.4 billion in goods and services from Canada.

Khoon Goh, senior foreign-exchange strategist at ANZ, said there could be scope for more weakness in the loonie, particularly if it fell below C$1.36 against the dollar.

“It’s not just the lumber,” he said, noting the U.S. administration had also been rumbling about potential tariffs on dairy products. “Any further escalation of this situation between the U.S. and Canada could well see the Canadian dollar weaken further.”


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Coming May 15 – A Week with Harry Styles

April 25th, 2017

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Just Saying………………………………………………..

April 25th, 2017


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Today in History for April 25th

April 25th, 2017

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