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Turmoil in Washington may have immediate consequences for Canada
This week, Gary Cohn, President Trump’s top economic advisor, resigned, allegedly because he disagreed with the president’s plan for tariffs on imported steel and aluminum. After the tariffs announcement, several Republican politicians ...
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Exchange rates can overreact to news reports including NAFTA buzz
This week a report stating that the Canadian government is increasingly convinced that President Trump will pull the United States out of NAFTA was credited with causing the Canadian dollar to drop from a closing value on Jan. 9 of US$ ...
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U.S. suspicion of Chinese investment an opportunity for Canada
Chinese companies are on a foreign buying spree. For example, Chinese companies have recently made takeover offers for Ingram Micro Inc., a U.S.-based technology products distributor, Syngenta, an agricultural seeds manufacturer based in ...