Federated’s Fast Five – January 27th, 2017

This week’s Fast Five news roundup includes: new electric vehicle laws, new cyber risks, rising costs of hydro, possible implications of renegotiated NAFTA agreement on Canadian farmers and a warning from the CMHC.

Here’s this week’s Fast Five news roundup:

  1. Quebec’s announcement about new electric vehicle laws coming into effect in 2018 is causing some concern within the Canadian automotive industry. Via Global News
  2. According to a survey by Zogby Analytics, the increase in smart home devices introduces new risks and avenues for cyber criminals to exploit. Via Canadian Underwriter
  3. With the rising cost of hydro, businesses in British Columbia are lobbying the government to provide them with a tax break by removing the provincial sales tax on electricity. Via The Globe and Mail
  4. President Trump’s pledge to renegotiate the North American Free Trade Agreement has some cattle farmers in Saskatchewan nervous about the possibility of restricted cattle flow to the United States. Via Global News
  5. Canada Mortgage and Housing Corporation (CMHC) is keeping its red flag rating on real estate for some key markets including Vancouver, Victoria, Toronto and Hamilton Via Financial Post

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