Canada invented contingent protectionism back in 1904, so we’re not exactly innocents in this area.
canada us relations
If the Canadian vote is at all indicative of broader trends in North America, it comes as good news for Democratic candidates, particularly for the overwhelming front-runner, Hillary Clinton.
America's place as a free market, dynamic economy is faltering, with the U.S. now ranking as the 16th most economically free country in the world.
The stagnating growth of U.S. merchandise imports from Canada is cause for concern.
With President Barack Obama set to deliver his State of the Union speech next week, Canadians should rightfully be worried about the implications of the Presidents policy agenda on the Canadian economy. After all, our economic fortunes are inextricably linked to those of the United States and unfortunately, the economic uncertainty being created by President Obamas policies and the increasing polarization of the U.S. political system is impeding genuine recovery in the U.S. and constraining our own prosperity.
On November 6, 2012, the citizens of the United States decided to maintain, essentially, the status quo: they re-elected Barack Obama as President, left the United States House of Representatives solidly in Republican hands, and left the United States Senate under the control of the Democratic Party. But as with all U.S. elections, there are implications for Canada, which, for better or worse, is usually pulled by the tides of American regulation and economic prosperity or the lack thereof.
Given the slow rate of economic growth and high levels of uncertainty in the United States, British Columbians should be concerned about the economic implications of President Barack Obamas recent re-election.
Despite the fact that B.C. exports have diversified with exports to the Pacific Rim now equal those to the U.S., the U.S. remains a critically important market for B.C. A stronger American economy will no doubt lead to a robust recovery of B.C. exports to the U.S., which have declined more than 35% since 2005.