The $43B Big Pharma Story is Starting Over-With a New Player

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Canada reimposes a visa requirement on Mexicans

ROB GILLIES
February 29, 2024

TORONTO (AP) -- Canada's government is reimposing the visa requirements on Mexican nationals visiting Canada, the immigration minister announced Thursday.

Quebec's premier has been urging the Canadian government to slow the influx of immigrants, which he says has been straining resources. The U.S. government also urged Canada to take action as some Mexicans have been crossing illegally into the U.S. from Canada.

Immigration Minister Marc Miller said that the new rules take effect late Thursday.

"We have seen exponential growth in asylum claims particularly from Mexican nationals in the last year," Miller said.

Miller said Mexico accounted for 17% of all asylum claims received by Canada from around the world, and said most claims from Mexico are either rejected, withdrawn or abandoned, so a change was needed.

"Claims that don't even have the prospect of success put a pressure on the system and put a pressure on the social supports that these people get," he said. "It has ripple effects across the system."

Miller said Canadian Prime Minister Justin Trudeau raised this issue with Mexico's president every time he spoke with him, and said not enough was being done to decrease the numbers.

Trudeau's government lifted the visa requirement for Mexican visitors in late 2016, removing a major irritant in relations between the two countries.

But Immigration Department data show asylum claims from Mexico have spiked dramatically. In 2015, there were only 110 such claims, but the number jumped to nearly 24,000 last year.

The Quebec government has been calling on Ottawa to reimburse 1 billion Canadian dollars ($740 million) -- the amount the province has said it has spent on a growing number of asylum-seekers.

Miller said that Canada's relationship with the U.S. is also a factor.

"We have seen a number of claimants cross into the United States," Miller said. "They are nothing compared to what the U.S. is facing with respect to their southern border."

"But they are significant, and they have increased dramatically in the last year or two," he said. "And that's something we have to manage as a partner with the U.S."

Previously, refugee service providers in Montreal have said that Mexican families are fleeing violence, insecurity and a lack of jobs in Mexico.

Canada only grants asylum to people it believes can't safely live in any part of their home country, because officials are unable or unwilling to provide those conditions.

During his daily media briefing on Wednesday, Mexican President Andrés Manuel López Obrador suggested that Canada was going to announce actions when he took a reporter's question about potential U.S. tariffs on Mexican steel exports and launched into a rambling complaint about a lack of respect coming from Mexico's North American neighbors.

The president said that conservative forces in Mexico had been lobbying in the United States and Canada for actions that would reflect poorly on his administration. He mentioned U.S. complaints about fentanyl production in Mexico, and assertions by both the U.S. and Canada that Mexico wasn't doing its part to control immigration numbers.

"The immigration issue, it's Mexico's fault," López Obrador said mockingly. "'We're going to build a wall and that's how we'll solve the problem. We're going to militarize the border and that's how we'll solve the problem.'"

"And now Canada is doing the same, they're wanting to take measures against Mexico; we really regret it," López Obrador said. "They're negotiating to reach an agreement, that we can control the migration flows to Canada, as we always have. And we have acted generously toward them, with the administration of Prime Minister Trudeau, but they were already at the point of imposing unilateral measures, right now, when there are elections in Mexico."

López Obrador also raised the possibility that he wouldn't attend the North American Leaders' Summit, scheduled for April in Quebec.

"If there isn't respectful treatment, I don't participate," he said.

___

Christopher Sherman contributed to this report from Mexico City.

Continue Reading...

Popular

Trump 'Very Seriously' Considering Australian Retirement Savings System For US Working People: 'It's A Good Plan'

President Donald Trump has revealed that his administration is actively exploring the possibility of implementing a retirement savings system similar to Australia's in the United States.

Same AI Tech That Predicts Grid Blackouts and Heart Failure... Now Gives You the Chance to Outperform 99% of Money Managers - Ad

Breakthrough AI created by former Air Force nuclear missile coder can now forecast U.S. stock prices... and could help you make 252% gains over the next year-while also dramatically decreasing your risks.

Acadia Healthcare Stock Tanks After Warning Of Litigation Surge

Acadia Healthcare stock fell after revising its 2025 outlook due to higher litigation costs stemming from patient-related lawsuits.

Deadly Asian floods are no fluke. They’re a climate warning, scientists say

HANOI, Vietnam (AP) — Southeast Asia is being pummeled by unusually severe floods this year, as late-arriving storms and relentless rains wreak havoc that has caught many places off guard.

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

Why Softbank CEO Was 'Crying' Over Selling Nvidia Stake

Softbank founder Son sold entire Nvidia stake to fund AI investments, but says he was crying as he parted with shares.

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Bulgaria's government withdraws controversial budget after major protests

SOFIA, Bulgaria (AP) — Bulgaria's government said Tuesday it is withdrawing a controversial budget proposal after protests against it drew tens of thousands of people and saw clashes between police and protesters.

How To Earn $500 A Month From Dollar General Stock Ahead Of Q3 Earnings

Dollar General offers an annual dividend yield of 2.14% ($2.36 a year). How can investors exploit this to pocket a regular $500 monthly?

Developing: Former Military Coder's AI Tech "Breaks Out" Into U.S. Stock Market - Ad

An AI created by a former top-secret Air Force nuclear missile coder has now learned to forecast the direction of the U.S. stock market. Early users could have already tripled their money, based on the average winning trades this AI has spotted so far.

Jared Isaacman Dodges Question On Whether Elon Musk Was Present When Trump Offered Him The NASA Administrator Job: 'Don't Think It's Fair'

Jared Isaacman repeatedly refused to say whether Elon Musk was present when Donald Trump offered him the NASA administrator job, prompting senators to question his ties to SpaceX and raising fresh concerns about potential conflicts of interest.

$270,000 Drug. One Competitor. Billion-Dollar Market. - Ad

Phase 3 trial targets recurrent pericarditis with an oral therapy that could disrupt the only approved treatment. And their heart failure program launches in 2026.

Nikki Haley's Son Says GOP Must Act Or Lose Gen Z To 'Mamdani-Style' Socialism: 'We Are Going In The Opposite Direction'

Nalin Haley, conservative activist and the son of former Republican presidential contender Nikki Haley, has spoken out about the challenges faced by his generation, Gen Z, and the need for Republicans to address them.

Pete Hegseth 'Didn't Stick Around' To Watch Second Drug-Boat Strike, Says He Couldn't See Survivors In 'Fog Of War'

Pete Hegseth defends controversial drug boat strike, saying he only monitored initial strike and denies giving order to kill everybody. Lawmakers and legal experts are scrutinizing the deadly operation.

The Smart Money Copper Trade - Ad

Quebec discovery. Strong grades. Roads and hydro in place. Funding secured for a busy drill calendar. Each assay can build scale and tighten the window for early entries as EVs and data centers pull harder on copper. Do not wait.

(Micro)Strategy's Structural Reset: Why Markets Are Repricing MSTR Beyond Bitcoin

The recent decline in Strategy's (NASDAQ:MSTR) stock price is not a simple pullback, nor is it a reaction driven by short-term sentiment. What is unfolding around MSTR is a broad structural repricing.

They've Done It 20+ Times-Now They've Found a New Memecoin to Watch - Ad

Our analysts have built one of the most reliable track records in the memecoin space by recognizing early momentum signals many traders overlook. Their newest pick shows several of the same early indicators found in past standout performers. Get the details before this story spreads.

JPMorgan Forecasts Bitcoin Bottom, Anticipates $28.3 Trillion Challenge To Gold By 2026

Analysts at JPMorgan have pinpointed the lowest point of the ongoing Bitcoin (CRYPTO: BTC) price fall and also projected a substantial chall

Donald Trump Nullifies 92% Of Joe Biden's Autopen-Signed Documents: 'Cancelling All Executive Orders And Anything Else'

Trump moved to invalidate what he claims are most of Biden's autopen-signed actions, sparking political backlash and renewed debate over the legality and precedent of using mechanical signatures for presidential documents.

Why Are 21 Billionaires Moving Their Money ASAP? - Ad

One of the biggest stock market events in 25 years is rapidly unfolding... The economist who predicted the 2008 Financial Crisis says it will be: "The Biggest Crash of Our Lifetime." It could cut the entire tech marketing by HALF.

Here's why everyone's talking about a 'K-shaped' economy

WASHINGTON (AP) — From corporate executives to Wall Street analysts to Federal Reserve officials, references to the “K-shaped economy” are rapidly proliferating.

San Francisco sues nation's top food manufacturers over ultraprocessed foods

The city of San Francisco filed a lawsuit against some of the nation's top food manufacturers on Tuesday, arguing that ultraprocessed food from the likes of Coca-Cola and Nestle are responsible for a public health crisis.

How it's Possible to Rake In Huge Gains From Gold's Surge - Ad

Gold blasted past $4,300 recently. It's up almost 50% in the past year. But why settle for 50% like most coin buyers... when past gold cycles have thrown off gains of 2,300%, 7,746%, even 9,850%? Weiss Ratings' gold expert Sean Broderick reveals what he believes is a more profitable way to play this surge.

Shaquille O'Neal Says His Naive Pitch Nearly Wrecked His Wealth: 'If I Get Your Million Now, In A Couple Years, It Will Be A Couple Million'

Shaquille O'Neal has made a remarkable transition from his illustrious sports career to becoming a successful business entrepreneur, with a portfolio estimated to be worth around $500 million.

AT&T reached a $177M data breach settlement. What consumers should know about claiming their money

NEW YORK (AP) — AT&T has reached a combined $177 million settlement over two . And impacted consumers have a little over a month left to file a claim for their chunk of the money.

The $43B Big Pharma Story is Starting Over-With a New Player - Ad

Big Pharma once paid $43B for a small biotech with a similar platform. Now, a new company is following that same playbook, leveraging its patented delivery technology to attract partnerships and near-term revenue potential.

Trump says he's rebuilding Dulles airport while his administration is fixing the 'people movers'

WASHINGTON (AP) — President Donald Trump said Tuesday that his administration will embark on a reconstruction of Dulles International Airport in northern Virginia.

Silver Soars To Record Highs: It's Up 95% In 2025, The Best Year Since 1979

Silver prices surge over 5% as investors rush to secure metal amid tight supplies and global shortage concerns, driving up stocks and mining equities.

Same AI Tech That Predicts Grid Blackouts and Heart Failure... Now Gives You the Chance to Outperform 99% of Money Managers - Ad

Breakthrough AI created by former Air Force nuclear missile coder can now forecast U.S. stock prices... and could help you make 252% gains over the next year-while also dramatically decreasing your risks.

What's Going On With Home Depot Shares Monday?

Home Depot, Inc. (NYSE:HD) shares are bouncing around Monday ahead of earnings later this week. Here's what you need to know.

Utility Over Hype: ETF Launch Alert - Ad

This ETF isn't about speculation, it's about infrastructure. Seconds-level settlement, low fees, and institutional custody.

A third Russian tanker attacked in the Black Sea, Turkish authority says

ANKARA, Turkey (AP) — A tanker carrying sunflower oil from Russia to Georgia was attacked in the Black Sea, the Turkish maritime authority said Tuesday, days after by .

Copper Is Tight, Silver Is Rising - And This Early Nevada Play Hits the Timing Perfectly - Ad

AI, electrification, battery storage, and data centers are pushing copper and silver demand sharply higher, even as supply stays tight. This region in Nevada offers rare multi-metal potential, and a new company has secured land in a district the surging district. It's one of the cleanest timing setups in the sector right now.

Iran confirms seizure of oil tanker in the Strait of Hormuz

TEHRAN, Iran (AP) — Iran on Saturday confirmed as it traveled through the narrow Strait of Hormuz over violations including carrying an illegal consignment, state media reported.

Trending Now

Information, charts or examples are for illustration and educational purposes only and not for individualized investment management This message contains commercial elements, such as advertising. We only send these offers to those who have opted in to our newsletter. Past performance is not indicative of future results. For these reasons we strongly suggest trading in a DEMO/Simulated account. The information provided by us is for educational and informational purposes only. We make no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended and have not determined if the statements and opinions of the advertiser are accurate, correct or truthful. If you use, act upon or make decisions in reliance on information contained or any external source linked within it, you do so at your own peril and agree to hold us, our officers, directors, shareholders, affiliates and agents without fault.

Copyright trendadvisor.net
Privacy Policy | Terms of Service