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.
Retaliatory Canadian tariffs will hurt Canadian consumers.
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.
Capital investment is a major source of labour productivity growth, particularly in Canada.
Private-sector investment is slated to fall again this year—the fourth consecutive annual decline.
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.