Higher American interest rates will push the U.S. dollar up and lower the already weak Canadian dollar further. Expect the Trump administration to target Canada for currency manipulation.
Prime Minister Trudeau leads a big entourage to China this week, in hopes of expanding Canada's foothold in that huge economy. Here are the main features of our current, unbalanced relationship.
There is evidence that the economy is starting to pivot away from over-reliance on energy extraction. Instead, our high-technology industrial base is starting to flex its muscles once again.
The TPP will further remove governments' ability to take initiatives that might foster a more diverse and job-intensive economy. We're going back to the future, as hewers of wood and drawers of water.
Export Development Canada claims it will help us capture a few more crumbs from the auto industry's southward migration. Its convoluted logic highlights the contradictions of Canada's whole approach.
Americans able to visit more freely, the Cuban 5 released and essential construction materials allowed into the country. But what else was in the agreement between Obama and Castro?
Canadians looking for a job are being hurt by recent trends in foreign trade. An outflow of spending from Canada indicates weakness in the ability of the economy to generate jobs.
We cannot stand by a deal that secures a one-way flow of Korean auto imports into the Canadian market, undermining the jobs and industry on which so many Canadians depend.
The present downturn of the Canadian dollar is a welcome, but overdue, reversal to a decade-long, pointless and destructive financial detour for our currency.
The global importance of staple theory, Gerry Helleiner notes, constitutes a kind of Canadian "staple export" -- but of a better kind than we usually supply to the world.