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1. Reducing drug prices in Canada might prove costly

   Proposed changes to Canada’s Patent Medicine Prices Review Board (PMPRB) were put forward by Health Canada in December 2017 to address what Health Canada identified as a regulatory framework that falls short of its mandate to protect ...

2. Shrinking U.S. trade deficit likely bad news for U.S. trading partners

   Ordinarily, official announcements of the monthly U.S. trade deficit get minimal attention from the media. Not so for the recent announcement by the U.S. Commerce Department of the March 2018 U.S. trade deficit. Numerous media reports ...

3. TPP redux—The Art of the Bad Deal

   You encourage 11 of your allies to get together with you in a trade and investment deal. You impose structure and content on it. Then at the last minute you decide you yourself aren’t going to join. After they go ahead and finalize the ...

4. 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 ...

5. 21st century economies fight over a 20th century industry

   Last month, President Trump imposed a 25 per cent tariff on steel and steel products, and a 10 per cent tariff on aluminum. Initially the tariffs applied to all foreign producers exporting those products to the United States. But Trump ...

6. Your trade war is my export opportunity

   Amazon CEO Jeff Bezos is renowned for saying “your margin is my opportunity.” Canada and other countries may soon be in position to paraphrase Bezos’ iconic boast as an emerging trade war involving the United States and China creates ...

7. Turmoil in Washington may have immediate consequences for Canada

   This week, Gary Cohn, President Trump’s top economic advisor, resigned, allegedly because he disagreed with the president’s plan for tariffs on imported steel and aluminum. After the tariffs announcement, several Republican politicians ...

8. U.S. tariffs on steel and aluminum imports will apply to all countries including Canada

   Shakespeare immortalized March 15 as the Ides of March, the date of Julius Caesar’s assassination. President Donald Trump on March 1 stuck a knife into the world trade regime by announcing he would impose tariffs on imports of steel and ...

9. Memo for President Trump—Canada runs a trade deficit with the U.S.

   President Donald Trump issued a bizarre pronouncement this week—that Canada engages in smooth diplomatic trickery when it comes to trade relations with the United States. At a meeting with U.S. governors at the White House, the president ...

10. Trump reforms lay bare Canadian policy missteps

    Prime Minister Trudeau has stated unequivocally that he won’t reduce Canadian taxes to remain competitive. ...