Canadian Diamonds, Back in the Rough

At this point in time, the then lucrative infield business in Canada is suffering a bowelless blow as the Canadian sawhorse interminably increases versus the U.S. dollar sign, as several investors back out their bridge everywhere for the ball field business, and as the U.S., the largest consumer of adamants, lowgo recession. The popularly know diamond mogul, De Beers, was strained by the escalating Canadian dollar and its results to construction apostrophizes. These pointors led De Beers to sell off their assets in Canada that amounts to nearly $ 1 billion U.S. dollars. (Hoffman, 2008)The representative of De Beers establish in Canada, Derek Teevan, justified the decision of investors to withdraw from the diamond welkin. He argued that the costs for operating a diamond business is sustained in Canadian currency, which is prouder(prenominal) comp ard to its cost in U.S. dollars. In addition, diamonds ar bought in U.S. dollars. This spells out an unprofitable diamond busi ness. fit to Mr. Lindsay, chairwoman of Teck Cominco Ltd., the diamond sector will suffer until such time that costs ar regulated deep down five years. As of press time, negotiations continue as Teck Cominco Ltd. attempt to purchase Canadas diamond businesses. (Hoffman, 2008)The causality reveals the major concern of the Canadian diamond sector. ground on research and recent avowation intimately diamond investors and businesses in Canada, the author was trying to inform his readers some the declining diamond sector and the effect that the a grow dollar posits in this issue. The concerns that were presented in the article is of enormousness to businesses who are planning to invest in the Canadian diamond sector olibanum, subscribeing to be well-informed about the economic standing of the different business sectors in the estate.Atlantic Premiers Sign susceptibility FrameworkThe promethiums in unexampled Brunswick have released a statement indicating their attempts t o come Maritimes access to Labradors hydro resources. According to them, the Maritimes use of these resources is cost-effective and is submissive in the minimization of their dependence to fossil fuels that take up from some other parts of the globe. This would be possible by the Lower Churchill fall Project. The premiers and cabinet ministers in Canada drafted and sign(a) an outline that contains the concepts aligned with the project. They also requested for the assistant of the members of each province to further their aims and objectives. (Tutton, 2008)The premier of revolutionary Brunswick has been communicating ideas about the transfer and generation of efficiency by means of the use of undersea cables with the premier of Newfoundland. If this pushes through, they would be expecting to spend as much as $ 25 million every year in the compass alone. However, they are not keeping their options closed as they are thinking about zero transfers through Quebec and Ontario . If the transmission of power from Labrador to Maritime pushes through, this would mean that New Brunswick should establish more transmission capacity. (Tutton, 2008)The issues in this look for tackle the program drafted and signed by Atlantic premiers in fix to develop the transmission of faculty through the utilization of under sea cables. In addition, it also provides substantial information that states the advantages and disadvantages of the Lower Churchill Falls Project particularly in New Brunswick. several(prenominal) options are available in this scenario and Shawn Grahm, the new premier of New Brunswick, should be able to go with a plan that is cost-effective and supportive of the interests of the area.Trucking manufacture Facing ChallengesThe recently elected president of Atlantic Provinces Trucking Association, Gordon set up, has claimed the ontogenesis and raisement of the image of the transport business as one of his objectives during his term in office. The ima ge of the trucking fabrication, as well as the betterment of the quality of service provided by these companies is the chief(prenominal) concerns of APTA. (The Special Features Staff, 2008)Despite the flourishing financial statements of other plenty in the business all over the world, the trucking persistence based in intelligence routine Brunswick has been suffering too. This is due to the fact that the trucking industry is a very difficult business to handle. unity of the primary soils for the decline of the trucking industry is those people who leave the trucking business for grittyer income positions, thus leading to the lack in personnel.Another reason is that the increasing Canadian dollar versus the U.S currency influences the high costs of materials and parts that are used in developing trucks. As the new president of APTA, slant is dedicateting on great efforts to solve this occupation by collaborating with the valet de chambre Resources Sector and Trucking Hu man Resources Sector, and by being open to applications from foreign truck drivers. (The Special Features Staff, 2008)The author presents the readers the challenges that Peddle will be facing during his rule as the new chairman of APTA. There are a lot of issues that need to be addressed in ordination to enhance and improve the trucking industry and with the challenges that are ahead, Peddle must be on his toes in order to achieve his aims, objectives, and general plan of action. The article would be instrumental in evaluating whether Peddle would be fit of addressing the needs of the trucking industry through equation of past experiences and the new trucking industry under Peddle.Go West, inner circle Members Alberta Attracts Drug DealersThe growing delivery of Alberta due to its oil market has attracted numerous investors. So much so, that even businesses who operate outlaw(prenominal)ly are putting up their industry in the area. These illegal business enterprises involve ga ngs who thrive in Alberta because of the high demand for prohibited medicates and substances, such as cocaine. This has been the trim back since 1977, as the Edmonton Police Department has strived hard to sink in down gangs and gang members in their efforts to eradicate drug pushing, trafficking and addiction in their area, thus leading to decline occurrences of offences. (Chiang, 2008)To address this issue, the Edmonton Police Department has been collaborating with the RCMP in order to identify immigrants and determine whether they are involved in gangs and illegal businesses. They have also conducted an undercover operation that revealed a laboratory that manufactures ecstasy and cocaine that are sold in Alberta. (Chiang, 2008)The author reveals the do of a booming economy to the increase in crime rates and occurrences in an area. People will be well informed that even if a country is successful in attracting investors that would further the stand of the economy, the toll t hat the people would have to pay for this is the rising occurrences of crimes, such as drug trafficking and pushing.(Title Goes Here)The rising Canadian dollar has yet again proved its detrimental effects to the manufacturing industry in the country. As the dollar rises, fix offs would be implemented to cut the rising cost of manufacturing. Lay-offs will be done in the trade industry in order to lessen the familiaritys expenses on wages for manpower services. However, on a positive note, the decline in the manufacturing industry has caused the improvement of the body of work rate in the country. This fact is evident through the statistics interpreted starting 2001 until 2006. Professionals chord that the rise in employment would continue to improve in the following years. (Yew, 2008)The rising employment rate in Canada is due to the fact that new occupations are being open(a) for the benefit of the employment sector to compensate for the losses in employment in the manufacturi ng industry. In addition, new occupations are being opened for unemployed people because of the global changes, improvement and development which are highly in need of arch(prenominal) employees who could be absorbed to work under a specialized job description.In contrast to the disposition of manufacturing jobs, more people have been studying and working to enter jobs in the health care industry, favorable welfare and development organizations, finance services, mining and energy industries, which as of press time have undergo a high increase in employment. Canada has put its efforts to replace manufacturing jobs with jobs that are more profitable and adheres to expert learning and advancement. (Yew, 2008)The advantages of the decline in employment opportunities in the manufacturing industry are revealed in the article by the author. This is a known advantage of having the dollar rise above the U.S. dollar. The surfacing of other occupations in the employment sector allows ca reer development for the people.ReferencesChiang, C. (2008). Go west, Gang Members Alberta attracts drug dealers. Retrieved March 22,2008, fromHoffman, A. (2008). Canadian Diamonds Back in the Rough. Retrieved March 22, 2008, fromThe Special Features Staff. (Tutton, M. (2008, January 19). Atlantic Premiers Sign Energy Framework. The Canadian Press,p. C2.Yew, M. A. (2008, March 5). Toronto Star, p. B 1