Prospects for the World Economy in the Polycrisis with Martin Wolf

How do we get global powers to work together to solve the world’s polycrisis? Financial Times Chief Economic Commentator Martin Wolf dives into the profound generational shifts in demographics, climate change, technology, and geopolitics responsible for the state of nations and the globe.

International Economic Policy Council

The global economy has become fragmented. Here’s how Canada can help repair it – Globe and Mail

The global economy has become fragmented, and an important cause has been the inability of international trade and finance governance institutions to adapt to changing realities. However, Canada has a unique opportunity to help repair today’s global trading system.

This year, the country is chairing the Comprehensive and Progressive Agreement for Trans-Pacific Partnership Commission. The CPTPP is a free-trade agreement between Canada and 10 other countries in the Indo-Pacific (Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam).

The commission’s role includes considering new applicants and setting the standards they must meet. As chair, Canada can help move the global economy back…

Verbatim: Furthering the Benefits of Global Economic Integration through Institution Building: Canada as 2024 Chair of CPTPP

Lawrence Herman – Preserving Brian Mulroney’s Free Trade Legacy

Canada’s Supply Chain System with Ari Van Assche

Securing Canada’s supply chains comes with risk. HEC Montréal Professor and C.D. Howe Institute Fellow-In-Residence Ari Van Assche debunks COVID-era theories about why we ran out of masks, toilet paper, and bicycles as well as how we can avoid the same fate in the future.

Great economic legacy, Brian Mulroney. It’d be a shame if something happened to it – Globe and Mail

There’s good reason to celebrate the late Brian Mulroney’s courage in embarking on the quest for a free-trade agreement with the Americans in his first term as prime minister. While eliciting strong opposition in many quarters at the time, it was a historically bold move, and the Mulroney government’s milestone achievement in getting Washington to sign the 1987 Canada-U.S. Free Trade Agreement, or FTA, has to be viewed in that light.

Equally significant was FTA’s successor, the North American Free Trade Agreement, bringing in Mexico as a partner in 1994. While NAFTA came into force under prime minister Jean Chrétien, it was negotiated and concluded under Mr. Mulroney, and stands as another fine achievement of his time in office.…

Brian Mulroney Had a Remarkable Ability to Get Things Done: C.D. Howe’s Bill Robson

Bill Robson, CEO of C.D. Howe Institute, joined BNN Bloomberg to talk about the legacy of Brian Mulroney and especially about the North American Free Trade Agreement.

Lawrence Herman – Business Needs to Help Push Global Trade Referee Back into the Game

Lawrence L. Herman – Defence Laggards Lose Their Place at the Table

Business needs to push for progress at the World Trade Organization – Financial Post

The World Trade Organization, the multilateral body that oversees the global trading system, is not top of mind for the business community. But it should be. The WTO’s current diminished state affects international commerce generally. Without universally respected rules, uncertainty prevails, and uncertainty raises businesses’ costs. Without the multilateral disciplines the WTO provides, a quilt of different agreements will impose a bewildering set of differing commercial requirements in different nations.

The collapse of the Doha Round negotiations in 2011 was a dire setback for the WTO. Since then it has been unable to play a meaningful role in meeting today’s challenging trade issues, including carbon-free goods, the…

Canada must realize that a strong economy comes from a strong military – Globe and Mail

Canada is a trading nation. Trade keeps the economy working, vital to the well-being of every Canadian. Securing and maintaining the country’s trade is thus one of the topmost responsibilities of the federal government, requiring skill, determination and a strategic focus on the national interest.

That means ensuring, among other things, that Canada’s weak performance in defence and security doesn’t spill over and harm the country’s key trading relationships, particularly when it comes to dealing with the United States, our biggest economic partner. The danger is that this spillover could well happen.

Former U.S. president Donald Trump caused a stir recently with his threat to NATO allies for not spending enough…