Browse "Business & Economics"

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AFL-CIO

The American Federation of Labor (established 1886) consisted of skilled craft unions that disagreed with the reform policies and organization of the Knights of Labor.

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News Agencies

Canadian newspapers and broadcast stations depend heavily on news agencies for a regular supply of news from outside their immediate geographical area. One-third to one-half of news and editorial content comes from news agencies, also called wire services or press associations.

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General Agreement on Tariffs and Trade (GATT)

The General Agreement on Tariffs and Trade (GATT) was an international trade agreement signed by 23 nations, including Canada, in 1947. GATT came into effect on 1 January 1948 and was refined over eight rounds of negotiations, leading to the creation of the World Trade Organization (WTO), which replaced GATT in 1995. GATT was focused on trade in goods and aimed to liberalize trade by reducing tariffs and removing quotas among member countries. Each member of GATT was expected to open its markets equally to other member nations, removing trade discrimination. The agreements negotiated through GATT reduced average tariffs on industrial goods from 40 per cent (1947) to less than 5 per cent (1993). It was an early step towards economic globalization.

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Canadian Free Trade Agreement

The Canadian Free Trade Agreement (CFTA) is an inter-governmental trade agreement regulating trade within Canada. It took effect on 1 July 2017. The goal of the agreement was to reduce or eliminate regulations against the free movement of goods, services, and investments within Canada. The officials who framed the new deal said they wanted to ensure that Canadian firms got the same access to the Canadian market as firms from the country’s international trading partners. CFTA also more closely matches the terms of the Canada-European Union Comprehensive Economic Trade Agreement (CETA), which began taking effect in 2017.

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Agribusiness

With the farm as the centre, agribusiness is that sector of the economy that includes all firms, agencies and institutions that provide inputs to the farm and procure commodities from the farm for processing and distribution to the consumer.

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Agricultural Products Board

The Agricultural Products Board was established under the authority of the Agricultural Products Board Act. It was made up of the same members as the Agricultural Stabilization Board. Its broad authority was to buy, sell or import agricultural products.

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Agricultural Economics

Agricultural economics, is a field of study related to the application of economics theory to problems and issues surrounding the production, processing, distribution and consumption of agricultural food and fibre products.

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Agricultural Aid

Agricultural aid is the provision of agricultural products or technology by one nation to another, normally by developed to developing countries. Aid will continue to be required because in many developing countries 4 out of 10 persons are malnourished.

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Agriculture and Food

Canada's agriculture and food industries have changed greatly in the years since the Second World War. Growth in Canada’s economy, and associated social changes, have altered the way food is produced, processed, handled, sold and consumed.

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Agriculture and Food Policy

Federal agricultural policy is intended to serve national economic and political goals as well as the interests of those directly involved in and affected by Canadian agriculture - primarily producers, food processors, distributors, retailers and consumers.

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Agroforestry

Agroforestry is an intensive land management system that integrates the benefits from biological interactions created when trees or shrubs are intentionally grown with crops or livestock.

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Mutual Aid

Mutual Aid is the principal economic means by which Canada assisted its allies with food, raw materials and munitions from May 1943 until the end of WORLD WAR II. The Mutual Aid Board, chaired by C.D.