The Alberta Referendum: What's at Stake

“Canada First” – Dealing with the US Tariff Threat: Inaugural Meeting of the C.D. Howe Institute Trade Crisis Working Group

The tariffs announced on February 1 by the White House on United States imports from Canada threaten severe harm to many industries and Canada’s economy. Although the application of the tariffs has been postponed until March, uncertainty about future US trade barriers alone is likely already leading some producers to pause investments in Canada. The C.D. Howe […]

Quantifying US Benefits from Canadian Crude Oil Exports

To: Tariff watchersFrom: Brian LivingstonDate: January 31, 2025Re: Quantifying US Benefits from Canadian Crude Oil Exports We still don’t know if, when, or how steep Donald Trump’s tariffs are going to be, but it’s not hard to tease out the effect of several scenarios. Canada’s oil and gas export to the United States in 2023 […]

Graph of the Week: US Crude Oil Production, Imports, and the Shrinking Trade Deficit

US imports of Canadian crude oil have displaced imports from more expensive or otherwise less desirable sources and complemented rising US production in meeting US demand (not shown here), including demand from US refineries that export petroleum products. As a result, the once-large US deficit in crude oil and refined petroleum products has almost disappeared.

Mr. Trump’s Ruinous Trade War (Part III)

To: Tariff watchersFrom: Daniel SchwanenDate: January 24, 2025Re: Mr. Trump’s Ruinous Trade War (Part III) Donald Trump’s second presidency began this week with a flurry of orders, memoranda and quotable moments. From these we can sense, more precisely than we could prior to his inauguration, how the US plans to shape economic relations with the world, and with […]

Mr. Trump’s Ruinous Trade War (Part Two)

Flag with the words "Trump: Make America Great Again" blows in the wind.To: Trade observers From: Daniel Schwanen Date: January 17, 2025 Re: Mr. Trump’s Ruinous Trade War (Part Two) As we saw in yesterday’s Memo, the United States runs a large finished goods manufacturing trade surplus with Canada. And it imports from Canada large amounts oil and other materials needed to keep its own industries competitive. These imports more […]

Trump’s Tumultuous Tariff Threat with Meredith Lilly and Daniel Schwanen

Donald Trump isn’t backing down from his threat to hit Canada with 25 percent tariffs. But Canada is fighting back. Michael Hainsworth speaks with Meredith Lilly of Carleton University and Daniel Schwanen, Senior Vice-President of the C.D. Howe Institute, about what options Ottawa and the provinces have to respond.

Trump’s Tumultuous Tariff Threat with Meredith Lilly and Daniel Schwanen

Graphic image featuring three people. Text next to them reads "Trump's Tumultuous Tariff Threat, with Meredith Lilly and Daniel Schwanen.Donald Trump isn’t backing down from his threat to hit Canada with 25 percent tariffs. But Canada is fighting back. Michael Hainsworth speaks with Meredith Lilly of Carleton University and Daniel Schwanen, Senior Vice-President of the C.D. Howe Institute, about what options Ottawa and the provinces have to respond.

Mr. Trump’s Ruinous Trade War (Part One)

A large crowd. Arms in the air hold up a sign that says "Trump: Make America Great Again."“Incoming US President Donald Trump has threatened to impose 25-percent tariffs on goods Americans purchase from Canada. The impact of this measure on trade between Canada and the United States will not reduce the US trade deficit with Canada, one of the measure’s stated goals. Instead, it will damage both the Canadian and American economies.”

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