Eighth Meeting of the C.D. Howe Institute Trade Crisis Working Group The C.D. Howe Institute Trade Crisis Working Group held its eighth meeting on August 6, 2025, co-chaired by the Hon. Jason Kenney, Senior Advisor at Bennett Jones LLP, and the Hon. Mitzie Hunter, President & CEO of the Canadian Women’s Foundation. Noting the apparent […]
Published in The Globe and Mail By Jeremy Kronick and Steve Ambler On Wednesday, the Bank of Canada held its policy rate steady at 2.75 per cent. Although headline inflation has been at or below target for 9 of the last 11 months, there are some signs of underlying upward pressure on inflation. Also, Canada’s economic performance has […]
What does it take to protect $1 trillion in trade? Three CUSMA negotiators share the importance of preserving duty‑free trade between Canada, the US, and Mexico – and why these relationships remain vital for all three economies.
What does it take to protect $1 trillion in trade? Three CUSMA negotiators share the importance of preserving duty‑free trade between Canada, the US, and Mexico – and why these relationships remain vital for all three economies. Â
In anticipation of looming tariffs, Canadian exports to the United States rose sharply in late 2024 and early 2025, widening Canada’s trade surplus. But after many tariffs took effect, Canadian exports fell off dramatically, as did US imports, underscoring how the destabilization of trade can hurt both sides. The net effect on the trade balance […]
Published in The Globe and Mail By Jerzy Konieczny and Steve Ambler U.S. President Donald Trump has a new target. It’s not China, Mexico or Prime Minister Mark Carney, but Jerome Powell, chair of the U.S. Federal Reserve. If Mr. Trump gets his way, the fallout won’t stop with the U.S. – it will hit Canada, too. The President has […]
From: Lawrence HermanTo: Trade war watcherDate: July 21, 2025Re: Managing Trade Expectations in the Trump Era Prime Minister Mark Carney’s frank admission last week about unlikely prospects for bilateral free trade with the United States is simply an expression of reality. Not much was revealed about Canada’s trade, economic and security talks with its neighbour, but the […]
Published in The Globe and Mail By Lawrence Herman Prime Minister Mark Carney’s frank comment this week about unlikely prospects for bilateral free trade with the U.S. is simply an expression of reality. Not much was revealed about Canada’s trade, economic and security talks with its neighbour, but the Prime Minister made it pretty clear that President […]
From: Glen HodgsonTo: Trade war watchersDate: July 16, 2025Re: The many risks of Trump’s economic policies, and the best Canadian response Donald Trump is a “transformational” president, but most likely not in a good way. The risks and impacts of the president’s often incoherent economic policies are becoming ever more apparent. Let’s focus on three […]
From: Colin Busby, William B.P. Robson, and Daniel SchwanenTo: Canadian trade watchersDate: July 9, 2025Re: Playing With Trade Talk Fire on Supply Management After climbing down on the digital services tax, Canada is back at the table with the United States to negotiate the two countries’ trade relationship. Unfortunately, Canadian negotiators have a fresh problem to […]
From: Internal trade watchersTo: Daniel Schwanen Date: July 7, 2025Re: Provinces Need to Play if Internal Trade Barriers are to Fall Donald Trump’s tariff threats have focused much needed attention on making trade within Canada easier. Prime Minister Mark Carney made a promise soon after the election: To have free trade by Canada Day. To that end, the federal […]
In the age of tariffs, it’s now or never, and Ottawa needs to accelerate the breaking-down of inter-provincial trade barriers. Institute trade expert and research fellow Ryan Manucha tells Michael Hainsworth that there’s been progress, but not enough.
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Eighth Meeting of the C.D. Howe Institute Trade Crisis Working Group The C.D. Howe Institute Trade Crisis Working Group held its eighth meeting on August 6, 2025, co-chaired by the Hon. Jason Kenney, Senior Advisor at Bennett Jones LLP, and the Hon. Mitzie Hunter, President & CEO of the Canadian Women’s Foundation. Noting the apparent […] 
Published in The Globe and Mail By Jeremy Kronick and Steve Ambler On Wednesday, the Bank of Canada held its policy rate steady at 2.75 per cent. Although headline inflation has been at or below target for 9 of the last 11 months, there are some signs of underlying upward pressure on inflation. Also, Canada’s economic performance has […] 
What does it take to protect $1 trillion in trade? Three CUSMA negotiators share the importance of preserving duty‑free trade between Canada, the US, and Mexico – and why these relationships remain vital for all three economies. 
In anticipation of looming tariffs, Canadian exports to the United States rose sharply in late 2024 and early 2025, widening Canada’s trade surplus. But after many tariffs took effect, Canadian exports fell off dramatically, as did US imports, underscoring how the destabilization of trade can hurt both sides. The net effect on the trade balance […] 
Published in The Globe and Mail By Jerzy Konieczny and Steve Ambler U.S. President Donald Trump has a new target. It’s not China, Mexico or Prime Minister Mark Carney, but Jerome Powell, chair of the U.S. Federal Reserve. If Mr. Trump gets his way, the fallout won’t stop with the U.S. – it will hit Canada, too. The President has […] 
From: Lawrence HermanTo: Trade war watcherDate: July 21, 2025Re: Managing Trade Expectations in the Trump Era Prime Minister Mark Carney’s frank admission last week about unlikely prospects for bilateral free trade with the United States is simply an expression of reality. Not much was revealed about Canada’s trade, economic and security talks with its neighbour, but the […] 
Published in The Globe and Mail By Lawrence Herman Prime Minister Mark Carney’s frank comment this week about unlikely prospects for bilateral free trade with the U.S. is simply an expression of reality. Not much was revealed about Canada’s trade, economic and security talks with its neighbour, but the Prime Minister made it pretty clear that President […] 
From: Glen HodgsonTo: Trade war watchersDate: July 16, 2025Re: The many risks of Trump’s economic policies, and the best Canadian response Donald Trump is a “transformational” president, but most likely not in a good way. The risks and impacts of the president’s often incoherent economic policies are becoming ever more apparent. Let’s focus on three […] 
From: Colin Busby, William B.P. Robson, and Daniel SchwanenTo: Canadian trade watchersDate: July 9, 2025Re: Playing With Trade Talk Fire on Supply Management After climbing down on the digital services tax, Canada is back at the table with the United States to negotiate the two countries’ trade relationship. Unfortunately, Canadian negotiators have a fresh problem to […] 
From: Internal trade watchersTo: Daniel Schwanen Date: July 7, 2025Re: Provinces Need to Play if Internal Trade Barriers are to Fall Donald Trump’s tariff threats have focused much needed attention on making trade within Canada easier. Prime Minister Mark Carney made a promise soon after the election: To have free trade by Canada Day. To that end, the federal […] 
In the age of tariffs, it’s now or never, and Ottawa needs to accelerate the breaking-down of inter-provincial trade barriers. Institute trade expert and research fellow Ryan Manucha tells Michael Hainsworth that there’s been progress, but not enough.