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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 ...
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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 ...
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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 ...
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Through the WTO, Canada could reaffirm its commitment to multilateral institutions
The Trump administration’s imposition of tariffs on Canadian steel and aluminum exports to the United States, and the G7 debacle, which ended in unprecedented acrimony between U.S. and Canadian officials, underscore two compelling issues ...
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Steel, aluminum, tablecloths and NAFTA
What do steel and tablecloths have in common? They are now products that are part of a dollar-for-dollar tariff war between the United States and Canada. They are also canaries in the NAFTA coal mine, signalling that the oxygen has ...
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Trump favours tariffs, to the delight of U.S. companies
Many observers believe that the ongoing “Montreal Round” of NAFTA negotiations, which started last week, represent a make-or-break moment for a “successful” renegotiation of NAFTA. Some reports say Canadian and Mexican trade officials ...
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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. and Canada take diverging paths on net neutrality
The Trump administration recently announced its plan to repeal virtually all of the U.S. government’s existing net neutrality rules. Under the Obama administration, net neutrality rules subjected Internet service providers (ISPs) such as ...
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Looming U.S. tax changes threaten Canada’s competitiveness
Besides the negative trade actions taken by the United States against Canada in the form of duties imposed on exports of airplanes and softwood lumber, and the Trump administration’s problematic demands during NAFTA negotiations, ...
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Netflix becomes more Canadian—but you’ll pay for it
Last week, Ottawa announced that the American-based “over-the-top” broadcasting giant Netflix had agreed to set up a production house in Canada and that it will spend C$500 million over five years on producing Canadian content. Another ...