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China sees trade as tool of state policy, diplomatic weapon
In a recent speech in Montreal, Cong Peiwu, China’s ambassador to Canada, noted that while cooperation between Canada and China with COVID-19 was appreciated, it nevertheless was not enough to compensate for the tense relationship between ...
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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 ...
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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? ...
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Ottawa should uphold the Constitution and create a true economic union
While we have just celebrated the 150th anniversary of Confederation, the Canadian economic union is still nowhere near what was originally envisioned by the founders of the Canadian federation. Among the objectives of Confederation were ...
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An 1854 treaty and the lessons for NAFTA
With the ongoing NAFTA negotiations and the possibility that the United States is going to leave NAFTA and usher in a new protectionist era for North American trade, it may be instructive to visit the past for some guidance. Canada’s ...
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Understanding Brexit and the need for EU reform
The turmoil in the wake of the United Kingdom referendum result in favour of leaving the European Union offers some important lessons with respect to the importance of institutions and how they are managed over time, as well as the ...
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Leader’s economic debate: missing the forest for the trees
In last night’s debate on the economy on issues of job creation, energy, infrastructure, immigration, housing, fiscal policy and taxation, all three party leaders wandered about essentially missing the forest for the trees. While all ...