Reducing Canada’s corporate tax rate will directly promote business investment.
barriers to trade
Supply management was established in the 1970s because Canadian dairy and poultry farmers didn’t want cross-province competition.
While the Americans build tariff walls, we should form new trade relationships with other countries.
Goods don’t pay import taxes, only people pay import taxes.
Tariffs hurt Canadian consumers, but also Canadian producers who rely on imported inputs.
Recent U.S. actions underscore how difficult it is to negotiate a free trade agreement with a U.S. administration that believes in managed trade.
A Chinese phone company broke U.S. rules by trading with blacklisted states such as North Korea.
Capital investment is a major source of labour productivity growth, particularly in Canada.
For smaller countries, access to the U.S. market is a major prize.
Overspending in the United States causes market forces to appreciate the dollar exchange rate.