From: Lawrence HermanTo: Trade observersDate: January 6, 2025Re: Let’s Get Ready for the End of CUSMA The era of North American free trade is over. That point was hammered home by the report on the Canada-United States-Mexico Agreement sent to Congress last month by the US Trade Representative, a prelude to the formal review of the deal […]
Published in The Globe and Mail. The era of North American free trade is over. That point was hammered home by the report on the United States-Mexico-Canada Agreement sent to Congress last week by the U.S. Trade Representative, a prelude to the formal review of the deal set to start in July, but which could get underway earlier. […]
From: Lawrence HermanTo: Trade watchersDate: December 10, 2025Re: The Trade Calculus of the New Era It seems fair to say that in the annals of Canadian trade relations, there has rarely been as intense a flurry of activity as in the past few months, with more than a dozen new agreements struck by Prime Minister […]
From: Lawrence HermanTo: Trade war watchersDate: November 10, 2025Re: Ottawa Needs More Strategic Coordination With Business It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even […]
Published in The Globe and Mail. It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even want to see Prime Minister Mark Carney. “I’m not going to be meeting with him […]
The share of Canada’s exports of mineral fuels and products* to non-US destinations has reached a historic high. Thanks to key energy transport infrastructure on Canada’s West Coast coming on stream in 2024 and 2025, Canada is able to fill additional demand, notably from China, which has been diversifying its own supplies away from the […]
From: Lawrence HermanTo: Trade observersDate: October 16, 2025Re: Hold the Phone: There’s One Treaty the White House Likes A version of this Memo first appeared in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been […]
From: David A. Dodge and Don DrummondTo: Ottawa PolicymakersDate: October 14, 2025Re: Beware the Positive Economic Forecasts; Let’s Plan for Trouble Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy […]
Published in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been applied willy-nilly, contrary to fundamental rules of the World Trade Organization, resulting in global chaos and supply chain unpredictability as we try to figure […]
Published in The Globe and Mail. Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy strengthening subsequently, returning the rate of unemployment to a level that is low by historical […]
From: William B.P. Robson and Mawakina BafaleTo: Productivity observersDate: October 1, 2025Re: We Need to Get Going on Canada’s Four-Alarm Productivity Emergency Eighteen months ago, Bank of Canada senior deputy governor Carolyn Rogers declared Canada’s poor productivity a national emergency. Since then, things have gotten worse. Our living standards are slipping: output and incomes per Canadian […]
Canada and the United States are each other’s largest trade partners in prefabricated buildings and components. In recent years, the trade balance has shifted, with Canada now exporting more prefabricated buildings and components to the United States than it imports. This shift signals Canada’s growing competitiveness in prefabricated construction and its potential role in strengthening […]
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From: Lawrence HermanTo: Trade observersDate: January 6, 2025Re: Let’s Get Ready for the End of CUSMA The era of North American free trade is over. That point was hammered home by the report on the Canada-United States-Mexico Agreement sent to Congress last month by the US Trade Representative, a prelude to the formal review of the deal […] 
Published in The Globe and Mail. The era of North American free trade is over. That point was hammered home by the report on the United States-Mexico-Canada Agreement sent to Congress last week by the U.S. Trade Representative, a prelude to the formal review of the deal set to start in July, but which could get underway earlier. […] 
From: Lawrence HermanTo: Trade watchersDate: December 10, 2025Re: The Trade Calculus of the New Era It seems fair to say that in the annals of Canadian trade relations, there has rarely been as intense a flurry of activity as in the past few months, with more than a dozen new agreements struck by Prime Minister […] 
From: Lawrence HermanTo: Trade war watchersDate: November 10, 2025Re: Ottawa Needs More Strategic Coordination With Business It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even […] 
Published in The Globe and Mail. It looks like the Canadian side was caught flat-footed with U.S. President Donald Trump’s blow-ups last week – terminating the trade talks and then suddenly adding new 10-per-cent duties. Then on Monday, Mr. Trump said he did not even want to see Prime Minister Mark Carney. “I’m not going to be meeting with him […] 
The share of Canada’s exports of mineral fuels and products* to non-US destinations has reached a historic high. Thanks to key energy transport infrastructure on Canada’s West Coast coming on stream in 2024 and 2025, Canada is able to fill additional demand, notably from China, which has been diversifying its own supplies away from the […] 
From: Lawrence HermanTo: Trade observersDate: October 16, 2025Re: Hold the Phone: There’s One Treaty the White House Likes A version of this Memo first appeared in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been […] 
From: David A. Dodge and Don DrummondTo: Ottawa PolicymakersDate: October 14, 2025Re: Beware the Positive Economic Forecasts; Let’s Plan for Trouble Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy […] 
Published in The Globe and Mail. We have become inured to the disdain of the Trump White House for international treaties and agreements as it wages trade wars against the world. Tariffs have been applied willy-nilly, contrary to fundamental rules of the World Trade Organization, resulting in global chaos and supply chain unpredictability as we try to figure […] 
Published in The Globe and Mail. Recent Canadian economic forecasts show a similar profile of modest growth this year and next. Those predictions – from the Parliamentary Budget Office, Desjardins, Deloitte Canada, TD Economics and others – show the economy strengthening subsequently, returning the rate of unemployment to a level that is low by historical […] 
From: William B.P. Robson and Mawakina BafaleTo: Productivity observersDate: October 1, 2025Re: We Need to Get Going on Canada’s Four-Alarm Productivity Emergency Eighteen months ago, Bank of Canada senior deputy governor Carolyn Rogers declared Canada’s poor productivity a national emergency. Since then, things have gotten worse. Our living standards are slipping: output and incomes per Canadian […] 
Canada and the United States are each other’s largest trade partners in prefabricated buildings and components. In recent years, the trade balance has shifted, with Canada now exporting more prefabricated buildings and components to the United States than it imports. This shift signals Canada’s growing competitiveness in prefabricated construction and its potential role in strengthening […]