From: Lawrence HermanTo: Trade war watchersDate: November 10, 2025Re: Ottawa Needs More Strategic Coordination With Business It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even […]
Published in The Globe and Mail. It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even want to see Prime Minister Mark Carney. “I’m not going to be meeting with him […]
The share of Canada’s exports of mineral fuels and products* to non-US destinations has reached a historic high. Thanks to key energy transport infrastructure on Canada’s West Coast coming on stream in 2024 and 2025, Canada is able to fill additional demand, notably from China, which has been diversifying its own supplies away from the […]
From: Lawrence HermanTo: Trade observersDate: October 16, 2025Re: Hold the Phone: There’s One Treaty the White House Likes A version of this Memo first appeared in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been […]
From: David A. Dodge and Don DrummondTo: Ottawa PolicymakersDate: October 14, 2025Re: Beware the Positive Economic Forecasts; Let’s Plan for Trouble Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy […]
Published in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been applied willy-nilly, contrary to fundamental rules of the World Trade Organization, resulting in global chaos and supply chain unpredictability as we try to figure […]
Published in The Globe and Mail. Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy strengthening subsequently, returning the rate of unemployment to a level that is low by historical […]
From: William B.P. Robson and Mawakina BafaleTo: Productivity observersDate: October 1, 2025Re: We Need to Get Going on Canada’s Four-Alarm Productivity Emergency Eighteen months ago, Bank of Canada senior deputy governor Carolyn Rogers declared Canada’s poor productivity a national emergency. Since then, things have gotten worse. Our living standards are slipping: output and incomes per Canadian […]
Canada and the United States are each other’s largest trade partners in prefabricated buildings and components. In recent years, the trade balance has shifted, with Canada now exporting more prefabricated buildings and components to the United States than it imports. This shift signals Canada’s growing competitiveness in prefabricated construction and its potential role in strengthening […]
From: Steve Ambler and Jerzy Konieczny To: Trump administration observersDate: September 23, 2025Re: Arithmetic upends the Trump mercantilist fallacy This summer, the Trump administration announced trade deals with Japan and the European Union. Each involved lower barriers to US exports, more foreign direct investment into the United States, and higher US tariffs on EU and […]
Published in Financial Post. This summer, the Trump administration announced trade deals with Japan and the European Union (EU). Each involved lower barriers to U.S. exports, more foreign direct investment (FDI) into the U.S., and higher U.S. tariffs on EU and Japanese goods. The U.S. looked like it was winning on all fronts. According to […]
Jeremy Kronick, vice-president and economic analysis and strategy at the C.D. Howe Institute, joins BNN Bloomberg to analyze the Bank of Canada and U.S. FED rate cuts. Â Â
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From: Lawrence HermanTo: Trade war watchersDate: November 10, 2025Re: Ottawa Needs More Strategic Coordination With Business It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even […] 
Published in The Globe and Mail. It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even want to see Prime Minister Mark Carney. “I’m not going to be meeting with him […] 
The share of Canada’s exports of mineral fuels and products* to non-US destinations has reached a historic high. Thanks to key energy transport infrastructure on Canada’s West Coast coming on stream in 2024 and 2025, Canada is able to fill additional demand, notably from China, which has been diversifying its own supplies away from the […] 
From: Lawrence HermanTo: Trade observersDate: October 16, 2025Re: Hold the Phone: There’s One Treaty the White House Likes A version of this Memo first appeared in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been […] 
From: David A. Dodge and Don DrummondTo: Ottawa PolicymakersDate: October 14, 2025Re: Beware the Positive Economic Forecasts; Let’s Plan for Trouble Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy […] 
Published in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been applied willy-nilly, contrary to fundamental rules of the World Trade Organization, resulting in global chaos and supply chain unpredictability as we try to figure […] 
Published in The Globe and Mail. Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy strengthening subsequently, returning the rate of unemployment to a level that is low by historical […] 
From: William B.P. Robson and Mawakina BafaleTo: Productivity observersDate: October 1, 2025Re: We Need to Get Going on Canada’s Four-Alarm Productivity Emergency Eighteen months ago, Bank of Canada senior deputy governor Carolyn Rogers declared Canada’s poor productivity a national emergency. Since then, things have gotten worse. Our living standards are slipping: output and incomes per Canadian […] 
Canada and the United States are each other’s largest trade partners in prefabricated buildings and components. In recent years, the trade balance has shifted, with Canada now exporting more prefabricated buildings and components to the United States than it imports. This shift signals Canada’s growing competitiveness in prefabricated construction and its potential role in strengthening […] 
From: Steve Ambler and Jerzy Konieczny To: Trump administration observersDate: September 23, 2025Re: Arithmetic upends the Trump mercantilist fallacy This summer, the Trump administration announced trade deals with Japan and the European Union. Each involved lower barriers to US exports, more foreign direct investment into the United States, and higher US tariffs on EU and […] 
Published in Financial Post. This summer, the Trump administration announced trade deals with Japan and the European Union (EU). Each involved lower barriers to U.S. exports, more foreign direct investment (FDI) into the U.S., and higher U.S. tariffs on EU and Japanese goods. The U.S. looked like it was winning on all fronts. According to […]