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1. ‘Six months’ notice’ and The Art of the Squeeze

   Brian Mulroney: Mr. Turner, with a document that is cancellable on six months’ notice? Be serious… Please, be serious. John Turner: Well I have never been more serious in my life. Brian Mulroney: Please, please. That was the final ...

2. New trade pact mixed bag for Canadians

   The long-running soap opera that was the NAFTA renegotiations has ended—at least for now. At the last minute before President Trump’s September 30 midnight deadline, Canadian and U.S. negotiators finalized an agreement that expands an ...

3. The Formosa Triangle—where did $20 billion of Chinese imports to Canada come from?

   The Formosa Triangle (which I just invented) is the reverse of the Bermuda Triangle. It doesn’t mysteriously devour shipping. It does just the opposite. Shipping mysteriously appears out of it. Lots of shipping. Enough shipping to ...

4. Economists almost unanimous—rising trade barriers not good

   Trade with China may actually have increased manufacturing employment in the United States. ...

5. Congress resists crony diplomacy—good!

   Even an economist with libertarian tendencies, which I am, thinks there are times when it’s actually reassuring to have a “deep state,” though it would be nice if it weren’t quite so swampy. The Wall Street Journal reports that some ...

6. Under threat—the lucrative export of U.S. dollar notes and U.S. Treasury securities

   President Donald Trump’s policies to balance trade and increase employment will likely fail because of an iron law of international economics: If a country spends more on goods and services than it produces, the difference must be ...

7. Canada's Economic Relations with China

   As a major trade-dependent nation, Canada has pursued a policy of economic engagement with China, especially since the latter's dramatic growth over the last several decades. While a number of media articles point to Canada's growing economic ...