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Renewed softwood lumber dispute may fan U.S. protectionist flames in other industries
While Canadian and U.S. trade officials negotiate a new softwood lumber agreement (a one-year “standstill” period expired last week), Canadian officials have privately indicated that the price of an agreement demanded by the Americans is ...
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Softwood lumber trade dispute beginning to boil again
When Prime Minister Trudeau and President Obama met in Ottawa at the end of June, they apparently reached no agreement about how to handle a file that has been an ongoing source of conflict between Canada and the United States since 1982 ...
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Canada’s closer ties to China may strain ties with U.S.
Prime Minister Trudeau’s recent visit to China promises to strengthen the economic and political relations between Canada and China. Among other things stemming from the visit, the Canadian government announced the signing of 56 business ...
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Waning U.S. productivity growth threatens Canada’s economic health
The U.S. Labor Department recently reported that U.S. nonfarm business productivity—the goods and services produced for each hour worked by American workers—decreased at a 0.5 per cent seasonally adjusted annual rate over the period ...
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Hillary’s plans won’t help Canada’s trade performance
Canada’s trade performance has deteriorated markedly over the past 18 months. Last week, Statistics Canada reported that for the April-June 2016 quarter, Canada’s trade deficit with the world widened from C$6.4 billion in the first ...
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Trump continues to hammer NAFTA, and if elected, could likely terminate the agreement
Republican presidential nominee Donald Trump has been a relentless critic of NAFTA since the beginning of his presidential campaign. His official position is that he will demand a renegotiation of the terms of NAFTA to get “a lot better ...
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Worsening U.S.-China trade relations will likely slow economic growth in Canada
Trade and investment relations between China and the United States have been fraught for years. Unfortunately, recent indications point to the economic relationship between the two countries becoming even more contentious over the ...
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Single-payer health care and presidential politics
A new taxpayer-financed public health system that guarantees coverage for everyone will be voted upon by registered voters in Colorado in November 2016. An initial proposal garnered the 100,000 signatures needed for it to be voted upon ...
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U.S. budget deficit: What it means for Canada?
The U.S. Treasury Department recently announced that the U.S. government ran a deficit of US$461 billion from October 2015 to March 2016—up almost five per cent from the first half of fiscal 2015. This represents the first increase in ...
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Trump, Clinton, Cruz, Canada, and the battle for brainpower
The McKinsey Global Institute has said that the world could have 40 million too few college-educated workers by as soon as 2020. In the United States and other developed economies in North America and Europe, companies will require 16 to ...