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1. A split Congress may increase uncertainty surrounding Canada’s trade environment

   This week’s midterm elections in the United States were the most expensive (in terms of candidate expenditures) and featured the largest voter turnout for any midterm election in U.S. history, as many observers saw it as a referendum on ...

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. Supply management increases prices, reduces range of milk and other dairy products

   When the Australian market was deregulated in 2000, the average price farmers received for raw milk almost doubled. ...

4. Foisting 19th century trade policy on our modern world is simply wrong

   Anyone trying to understand or explain the Trump administration’s international trade policy is often forced to conclude that his focus on trade deficits and domestic production is really an expression of mercantilism—a trade philosophy ...

5. Economists almost unanimous—rising trade barriers not good

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

6. In the evolving trade debacle with the U.S, Ottawa must act

   The outlook for ongoing NAFTA negotiations grows dimmer by the day, notwithstanding the conciliatory statement by Mexico’s new president, Andres Manuel Lopez Obrador (known colloquially as AMLO). In a recent interview after exit polling ...

7. The United States calls the kettle black

   Canadians owe Donald Trump a debt of gratitude for repeatedly referring to our average 270 per cent tariffs on dairy products coming into—or trying to come into—this country. For many Canadians, that’s probably the first they’ve heard of ...

8. Withstand the trade war by trading more

   Canada and the United States are in a trade war. The ongoing drama of NAFTA negotiations, and the possibility that the current trade arrangements, may not continue raises an important question. What is the Trudeau government’s Plan B? ...

9. Canada, Trump and tariffs—a counterproductive and self-defeating quarrel

   President Trump’s recent actions have drawn widespread media attention to tariffs. Economic science provides an effective means of discerning the implications amid the hyperbole and rhetoric. Earlier this year, the Trump administration ...

10. The end of Trump-whispering

    I wrote in January about how economists, apart from warning about the consequences, don’t have an awful lot to say about how best to fight a trade war. Adam Smith himself wrote that such wars were a situation in which policy be left to ...