To: Tariff watchers From: Simon J. Evenett and Marc-Andreas MuendlerDate: March 28, 2025Re: “These Are Your People:” Canada and Mexico Have Retaliation Options that Shrink US Take-Home Pay Trade conflict is costly to all parties. Canadian and Mexican trade retaliation can deny tariff-related wins for American workers, we show in our new paper, and go so far as […]
From: Stephen Beatty and Daniel Schwanen To: Trade war observers Date: March 27, 2025 Re: Auto Trade with the United States: Back to the Future? Yesterday, Donald Trump announced a 25-percent tariff on all passenger vehicles and light trucks, as well as key automobile parts imported from all countries. Given the integration of the Canadian and US auto industries, […]
Published in The Gazette. Faced with people who constantly threaten others, my father used to say: bien faire et laisser braire, which literally translates as “do a good job and let them bray.” The old British wartime directive “keep calm and carry on,” now so popular, would be the equivalent today. We should heed this […]
In anticipation of the looming tariff threat, exports from Canada to the United States increased at the end of 2024 and early parts of 2025, while imports from the United States remained steady. The result was a widening bilateral trade surplus for Canada.
From: William B.P. RobsonTo: Canadian economic observersDate: March 19, 2025Re: Dollar Weakness is our Best Tariff Defence The Canadian dollar is down about 6 percent against the US dollar since September. The coincidence of its recent ups and downs with the ebb and flow of US President Donald Trump’s tariff threats shows that much of its decline reflects concern about US protectionism. […]
According to the latest available data, many Canadian industries rely heavily on US demand, with resource-based sectors being the most exposed. In 2022, nearly half of forestry and logging jobs (49.3 percent) depended on the US market, followed closely by fishing and hunting (41.4 percent), mining and oil and gas extraction (41.0 percent), and manufacturing […]
Published in The Financial Post The Canadian dollar is down seven per cent against the U.S. dollar since September. The coincidence of its recent ups and downs with the ebb and flow of President Donald Trump’s tariff threats shows that much of its decline reflects concern about U.S. protectionism. U.S. tariffs on our exports will raise their price for […]
To: Canadian GovernmentsFrom: Brian LivingstonDate: March 13, 2025Re: Holding the Line on Pre-Tariff Pricing How to fight a tariff war? Canada’s main response to Donald Trump’s tariffs on Canadian products has focused on retaliatory tariffs that will hurt US exports to Canada, on the theory that adding to the existing self-inflicted pain of US tariffs […]
The total number of Canadian jobs tied to our exports to the US has grown over time, except during the 2008 financial crisis and the COVID-19 pandemic – though in both instances they rebounded quickly. While American jobs supported by US exports to Canada have declined slightly since 2014, they still total around 1.4 million. […]
March 5, 2025 – The first wave of tariffs imposed by President Trump on Canadian imports is an unmistakable attack on Canada’s economy and workforce, according to a new C.D. Howe Institute report. A special communiqué, “Bolstering Canada’s Response to US Trade Threats,” draws on insights from the Institute’s Trade Crisis Working Group, which met […]
The initial round of tariffs threatened by US President Trump against Canada and Mexico was implemented yesterday – 10 percent for energy products, and 25 percent for other goods. Already, as a result, a chunk of trade beneficial to businesses and consumers on both sides of the border has been halted. Mr. Trump may ease […]
From: William B.P. RobsonTo: Trade WarriorsDate: February 26, 2025Re: Tariff Retaliation Needs to be Shrewder than Trump Even before the end of his 30-day reprieve for tariffs on all Canadian exports to the United States, Donald Trump has threatened tariffs on US imports of steel, aluminum, automotive products, drugs and semiconductors. This erratic belligerence naturally tilts Canadians toward […]
Membership Application
Interested in becoming a Member of the C.D. Howe Institute? Please fill out the application form below and our team will be in touch with next steps. Note that Membership is subject to approval.
"*" indicates required fields
Member Login
Not a Member yet? Visit our Membership page to learn more and apply.
To: Tariff watchers From: Simon J. Evenett and Marc-Andreas MuendlerDate: March 28, 2025Re: “These Are Your People:” Canada and Mexico Have Retaliation Options that Shrink US Take-Home Pay Trade conflict is costly to all parties. Canadian and Mexican trade retaliation can deny tariff-related wins for American workers, we show in our new paper, and go so far as […]
From: Stephen Beatty and Daniel Schwanen To: Trade war observers Date: March 27, 2025 Re: Auto Trade with the United States: Back to the Future? Yesterday, Donald Trump announced a 25-percent tariff on all passenger vehicles and light trucks, as well as key automobile parts imported from all countries. Given the integration of the Canadian and US auto industries, […]
Published in The Gazette. Faced with people who constantly threaten others, my father used to say: bien faire et laisser braire, which literally translates as “do a good job and let them bray.” The old British wartime directive “keep calm and carry on,” now so popular, would be the equivalent today. We should heed this […]
In anticipation of the looming tariff threat, exports from Canada to the United States increased at the end of 2024 and early parts of 2025, while imports from the United States remained steady. The result was a widening bilateral trade surplus for Canada.
From: William B.P. RobsonTo: Canadian economic observersDate: March 19, 2025Re: Dollar Weakness is our Best Tariff Defence The Canadian dollar is down about 6 percent against the US dollar since September. The coincidence of its recent ups and downs with the ebb and flow of US President Donald Trump’s tariff threats shows that much of its decline reflects concern about US protectionism. […]
According to the latest available data, many Canadian industries rely heavily on US demand, with resource-based sectors being the most exposed. In 2022, nearly half of forestry and logging jobs (49.3 percent) depended on the US market, followed closely by fishing and hunting (41.4 percent), mining and oil and gas extraction (41.0 percent), and manufacturing […]
Published in The Financial Post The Canadian dollar is down seven per cent against the U.S. dollar since September. The coincidence of its recent ups and downs with the ebb and flow of President Donald Trump’s tariff threats shows that much of its decline reflects concern about U.S. protectionism. U.S. tariffs on our exports will raise their price for […]
To: Canadian GovernmentsFrom: Brian LivingstonDate: March 13, 2025Re: Holding the Line on Pre-Tariff Pricing How to fight a tariff war? Canada’s main response to Donald Trump’s tariffs on Canadian products has focused on retaliatory tariffs that will hurt US exports to Canada, on the theory that adding to the existing self-inflicted pain of US tariffs […]
The total number of Canadian jobs tied to our exports to the US has grown over time, except during the 2008 financial crisis and the COVID-19 pandemic – though in both instances they rebounded quickly. While American jobs supported by US exports to Canada have declined slightly since 2014, they still total around 1.4 million. […]
From: William B.P. RobsonTo: Trade WarriorsDate: February 26, 2025Re: Tariff Retaliation Needs to be Shrewder than Trump Even before the end of his 30-day reprieve for tariffs on all Canadian exports to the United States, Donald Trump has threatened tariffs on US imports of steel, aluminum, automotive products, drugs and semiconductors. This erratic belligerence naturally tilts Canadians toward […]