Justin Trudeau exposes his weaknesses, again

His political acumen falls short, as does his ability to stay on narrative or even appear genuine

Justin Trudeau exposes his weaknesses, againCanadian conservatives like to argue that the mainstream media does its darnedest to protect Prime Minister Justin Trudeau’s public image at all costs. By and large, this statement is valid. Yet there are moments when even the media can’t protect his backside – or doesn’t want to. Case in point: the PM’s interview with Rosemary…

It’s USMCA, not CUSMA or T-MEC

The U.S., Canada and Mexico signed the same trade document, but each country is calling it something different

It’s USMCA, not CUSMA or T-MECIt took a couple of years, but the United States-Mexico-Canada Agreement, or USMCA, was finally signed on Nov. 30. Or was it? Let’s go back a few steps. All three leaders – U.S. President Donald Trump, Canadian Prime Minister Justin Trudeau and Mexican President Enrique Peña Nieto (who was on his last day on the…

Canada needs freer dairy trade

The economic damage of supply management to Canadian families is significant. But we failed to get rid of it in recent trade talks

Canada needs freer dairy tradeThe new United States-Mexico-Canada Agreement (USMCA) is a mixed bag for Canadians. The bright side is that it’s certainly better than having no trade agreement, and is more desirable than the massive uncertainty that comes with not knowing whether an agreement will be reached. On the down side, trade between Canada and the United States…

Time for Canada to forge its own trade destiny – outside USMCA

NAFTA made us dependent on the U.S. The new trade deal will do more of the same. We need to globalize our trade perspective

Time for Canada to forge its own trade destiny – outside USMCANow that the dust has settled on United States-Mexico-Canada Agreement (USMCA), what are the key takeaways and what should Canadians be doing next? The first and most obvious takeaway is acceptance: this deal is poison. USMCA does not create a free-trade zone. In fact, the words 'free trade' never appear in the documents. This is…

Can we avoid another financial crisis?

We need to embrace intangible assets. And the lending world and investors need to free up funds to support intangible creators

Can we avoid another financial crisis?Could intangibles help avert the next financial crisis? Yes. And they'd better, because the train of global prosperity is about to jump the track and intangible assets are the only possible salvation. Today's headlines are depressing. There's a constant stream of negativity led by U.S. President Donald Trump's assault on the North American Free Trade…

The Canadian economy is at the precipice

From uncertain trade talks to lack of affordable housing to rising interest rates to government debt, the warning signs are rising

The Canadian economy is at the precipiceAny projection of the Canadian economy’s trajectory depends heavily upon one’s outlook for the ongoing North American Free Trade Agreement (NAFTA) negotiations. If the United States and Canada renew NAFTA, the outlook for Canada’s economy will obviously improve relative to the current state of uncertainty. Conversely, a collapse of bilateral negotiations, and imposition of tariffs…

Canada can’t afford to be bullied by Trump on trade

What the president really wants is the surrender of Canadian sovereignty, to create a semi-colonial dependency

Canada can’t afford to be bullied by Trump on tradeU.S. President Donald Trump is, once again, blaming Canada for delays in concluding North American Free Trade Agreement (NAFTA) negotiations. There's nothing new in this but this time Trump is bringing in high-powered congressional guns to lambaste Canada. Trump loyalist and Republican Congressman Steve Scalise lowered the rhetorical boom: “Mexico negotiated in good faith and…

Canada’s trade hurdle is all about supply management

The federal government has not explicitly stated that supply management is non-negotiable

Canada’s trade hurdle is all about supply managementBy Steven Globerman and Gary Hufbauer The Fraser Institute As North American Free Trade Agreement (NAFTA) talks continue, much remains undecided. The United States and Mexico have already reached an agreement in principle on a new free-trade arrangement. But in light of Trump’s complaints about Canadian dairy tariffs, the highest hurdle for Canada will be…

U.S. trade talks key to future value of Canadian dollar

TD Economics report says energy prices are playing a decreased role in the strength of the loonie

U.S. trade talks key to future value of Canadian dollarIn spite of a strong Canadian economy and rising domestic interest rates, the Canadian dollar has been trading at a discount relative to its fundamental value, largely due to trade risks, says a report by TD Economics. “Our empirical work shows that over the last few years, non-fundamental or idiosyncratic factors are influencing the loonie…

Resolving Canada’s trade quagmire in the age of Trump

We must make a major concession to protect the auto sector and that may mean phasing out our farm supply management system

Resolving Canada’s trade quagmire in the age of TrumpThe North American Free Trade Agreement (NAFTA) negotiations continue to roller-coaster. The United States administration is now in senior level one-on-one NAFTA talks with Mexico. Meanwhile, President Donald Trump threatens Canada with new auto tariffs, and inflicts the silent treatment. And a Democratic governor calls on the president to cease his “childish” tweets at Prime…