Increased capacity to move oil to tidewater should eliminate the gap between world oil prices and prices in North America.
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.
Premier Kathleen Wynne said Ontario will restrict use of structural iron from New York.
With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.
Canada once again faces economic challenges posed by a mercantilist U.S. administration.
Under the Trump administration’s “America First” policy, there likely will be more trade complaints initiated by U.S.-based companies.