S2 E14 – Adapting to New Realities in Trade
COVID-19 laid bare the Achilles Heel of global trade. But as Canada’s Chief Trade Commissioner Ailish Campbell at Global Affairs Canada tells host Michael Hainsworth, not all of Canada’s exporters and importers were hit — or are recovering — equally. Don’t Expect Just Sweetness And Light Under Biden – Globe And Mail Op-ed
As we watch the American election drama unfold, Canadians are generally positive in their view of Joe Biden’s candidacy and the prospects of the defeat of Donald Trump in November. Mr. Trump has been unpleasantly aggressive in dealing with Canada, not only on trade but regarding the broader political relationship, as well.
Mr. Trump described NAFTA – negotiated by a previous Republican administration – as the worst trade deal ever, claiming Canada had been ripping off the U.S. for decades. The trade renegotiations with the Trump team were tough and unpleasant. Most recently, Mr. Trump reapplied import surcharges on Canadian aluminum, citing concerns about national security. There were those personal insults directed at the Prime…
Schwanen, Ciuriak – Canada And Asean Trade Agreement Can Foster Economic Recovery, Development And Well-being
From: Daniel Schwanen and Dan Ciuriak To: Canadian and ASEAN Trade Officials Date: August 25, 2020 Re: Canada and ASEAN Trade Agreement can Foster Economic Recovery, Development and Well-being ASEAN Member States and Canada are contemplating their next steps toward a possible trade agreement, even as they continue to be burdened with the health, economic […] Support Digitization of Small Businesses and Boost Interprovincial Trade: Crisis Working Group on Business Continuity and Trade
August 20, 2020 – Canada should provide additional supports for businesses facing the costs of digitizing operations due to the pandemic, says a new report from the C.D. Howe Institute.
The report from the Crisis Working Group on Business Continuity and Trade also emphasized a need to reduce barriers to interprovincial trade and mobility, accelerate private sector capital spending, and clarify confusion around Canada’s foreign investment regime.
The group of industry experts and economists, co-chaired by Dwight Duncan, Senior Strategic Advisor at McMillan LLP and former Ontario Minister of Finance; and Jeanette Patell, Vice-President of Government Affairs and Policy for GE Canada, held its final meetings on June 16 and…
Peace in the trade valley? Not likely – Financial Post Op-Ed
Media reports last month signalled a stand-down in trade battles between the United States and China, ostensibly because both are increasingly focused on other geopolitical disputes, over such things as espionage, human rights and intellectual property. By contrast, U.S.-China trade seemed to be emerging “as an area of calm.” I wouldn’t be so sanguine.
For decades, it was taken for granted that fixed tariff rates, agreed to under the General Agreement on Tariffs and Trade (GATT) and later the World Trade Organization (WTO), were pretty much sacrosanct. Governments made formal commitments not to increase their duty rates, meaning in trade parlance that these rates were “bound.” This stabilized the global trading system and was one…
Jon Johnson – Section 232 Aluminum Tariffs: Classic Bait And Switch
From: Jon Johnson To: Canadians and Americans Fed-up with Section 232 Tariffs Date: August 13, 2020 Re: Section 232 Aluminum Tariffs – Classic Bait and Switch With CUSMA in effect for barely a month, the Trump Administration announced that it will re-impose 10-percent tariffs on non-alloyed unwrought aluminum from Canada. The basis is Section 232 […] S2 E13 – Breaking Down Internal Trade Barriers
COVID-19 has highlighted the need to break down interprovincial trade barriers. But how do we clean up the patchwork nature while protecting workers? Two influential economists tell host Michael Hainsworth what it would take to boost the economy during a pandemic. Jon Johnson – Buy American And Economic Relations With Canada
From: Jon Johnson To: Joe Biden Date: August 5, 2020 Re: Buy American and economic relations with Canada Your website makes Buy American promises such as investing $400 billion in your first term in additional federal purchases of products made by American workers. You also promise to “work with allies to modernize international trade rules […] Jon Johnson – Us Court Insists On Strict Compliance With Section 232 Requirements
From: Jon Johnson To: Canadians Concerned About US Section 232 Tariffs Date: July 27, 2020 Re: US Court Insists on Strict Compliance with Section 232 Requirements Last year on November 15, the US Court of International Trade (CIT) denied a motion by the US Government in Transpacific Steel LLC v. US. The motion called for […] Ryan Manucha – Ten Recommended Reforms For The Canadian Free Trade Agreement
From: Ryan Manucha To: Canadians concerned about jobs Date: July 22, 2020 Re: Ten Recommended Reforms for the Canadian Free Trade Agreement COVID-19 has highlighted just how economically interdependent Canadians are with one another, and the extent of the nation’s intertwined domestic supply chains. As the economy re-opens, and with global protectionism looming, interprovincial trade barriers take […] Jon Johnson – How The Labour Value Disconnect In Us Cusma Implementing Legislation Plays Out
From: Jon Johnson To: Global Affairs Canada and the Canadian Automotive Industry Date: July 17, 2020 Re: How the Labour Value Disconnect in US CUSMA Implementing Legislation Plays Out The US implementing legislation for the Canada-United States-Mexico Agreement (CUSMA) provides for Uniform Regulations as required by its Article 5.16 regarding the “interpretation, application, and administration” […] Internal Trade in Focus: Ten Ways to Improve the Canadian Free Trade Agreement
Boost Internal Trade with Key Reforms to CFTA Reforms to the Canadian Free Trade Agreement (CFTA) could ease access to justice for small businesses and individuals and bolster internal trade. Author Ryan Manucha calls for key reforms to the CFTA’s dispute settlement rules to lessen barriers to interprovincial trade in Canada. “Internal trade barriers divert economic […]