With the growing uncertainty in world trade, the Chinese market is becoming increasing important to Saskatchewan.
That, from Premier Scott Moe on his return from a trade mission to China along with industry representatives.
The trade delegation met with current and potential investors in the value-added agriculture sector and the Premier met with Chinese government officials to look at identifying opportunities for both countries in mining and agriculture.
An MOU was signed between the Carbon Capture and Storage Knowledge Centre and the China Petroleum University to advance the study of using carbon capture for enhanced oil recovery.
Cameco’s CEO was a part of the business delegation and accompanied the Premier in meetings with a number of Chinese nuclear agencies to talk about more exports of Saskatchewan’s uranium.
Tim Gitzel says China is a critical market for Cameco, as the world’s fastest growing producer of nuclear energy.
Trip To China Promotes Mining, Agriculture, And Green Technology
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The Candian government wants the country’s banks to identify, in customers’ bank statements when they receive the carbon rebate, that it is labelled as such.
Environment Minister Steven Guilbeault says the lack of a clear identifier is contributing to confusion about carbon price rebates, so he is going to change the law if he has to in order to force the big banks to identify the carbon rebate by name when doing direct deposits.
The first rebate deposits in 2022 were labelled very generically, which meant recipients had no idea why they were getting the money.
T-D and B-MO have adopted the government’s requested “CdaCarbonRebate” entry, R-B-C and Scotiabank say they couldn’t make the change in time for the rollout, and C-I-B-C is still calling it “Deposit Canada.”