Will Trump’s protectionism be the making of Canada?

By blowing up NAFTA, Trump would be forcing Canada to take control of its future once again and commit to building common bonds to preserve our nation's integrity

Will Trump’s protectionism be the making of Canada?It’s ironic that U.S. President Donald Trump's madcap protectionism might do more for Canadian unity than our timid political leaders have accomplished in decades. Ever since the first Canada-United States trade deal in 1988, which started the process of continental economic integration, we Canadians have slowly been distancing ourselves from one another. Worse, we haven’t…

Comeau ruling defies economic – and common – sense

A Supreme Court ruling that there’s no ‘constitutional guarantee of free trade’ will stifle both competition and lower prices for consumers

Comeau ruling defies economic – and common – senseThe Supreme Court of Canada has ruled that provinces have the right to erect interprovincial tariff barriers. That’s bad news for Canadian consumers and the health of the national economy. It is, however, a relief for provinces that for years have allowed fiscal priorities to supersede consumer choice and common economic sense. In 2012, Gerard…

Shove EDC off taxpayers’ shoulders and into the private sector

Canada's export credit agency is good at what it does. But part of that is taking risks with taxpayers’ money. It's time for that to end

Shove EDC off taxpayers’ shoulders and into the private sectorExport Development Canada (EDC) has a big problem – the kind of problem Crown corporations have no business courting. Canada’s export credit agency, EDC loaned Turquoise Hill Resources, a mining company, $1 billion. Unfortunately, Turquoise Hill allegedly transferred a considerable amount of money offshore to minimize the taxes it pays in Canada. EDC’s mission is…

Trade wars, food fights and a budget that ignores it all

Duties may look like attractive, simple mechanisms to protect domestic interests. But they’re a very expensive way to retain jobs

Trade wars, food fights and a budget that ignores it allThe ugly face of protectionism is slowly making its way across the globe. With trade wars looming on several fronts, including in the agri-food sector, Canada's federal government seems resolved to lose. Bill Morneau is obviously an influential figure in Prime Minister Justin Trudeau’s cabinet, but he’s no finance minister – despite his title. Given…

Lowering costs, not raising wages, key to helping low-income earners

Remove trade barriers, end supply management and reduce payroll taxes – don't hike minimum wages – if you really want to address income discrepancies in Canada

Lowering costs, not raising wages, key to helping low-income earnersPeople tend to applaud minimum wage increases but those increases more likely harm those who policy-makers want to help. New Brunswick’s government has raised the minimum wage by 35 cents to $11 an hour, the 12th provincial increase since 2007. This moves the wage floor to the highest level in three decades. The minimum wage…

National free-trade opportunity poured down the drain

New deal between the provinces encourages protectionism and allows exemptions to free trade, most notably when it comes to alcohol

National free-trade opportunity poured down the drainHALIFAX, N.S., April 19, 2017 /Troy Media/ – The newly-minted Canadian free-trade agreement is no great accomplishment. Instead of free exchange, most of the deal’s convoluted text entrenches protectionism, with some 130 pages of exemptions. All of the negotiations leading up to the deal – and now these hundreds of pages of rules – leave the…

Canada needs a national policy to right our economic ship

Our trust-the-status-quo mindset is part of the problem. And our commitment to globalization must come with a Canada-first policy

Canada needs a national policy to right our economic shipEDMONTON, Alta. Mar. 27, 2017 /Troy Media/ – Prime Minister Justin Trudeau has blinked. The recent federal budget was cautious when it should have been bold. It was hesitant and defensive when it should have been a battle cry for Canadian unity and prosperity. The unpredictable Donald Trump may or may not fulfil his promise to only…

Cross-border beer and the case for in-Canada free trade

Free trade continues to be valued, as it was at Confederation, both for its economic benefits and its potential to promote Canadian unity

Cross-border beer and the case for in-Canada free tradeCAMBRIDGE, Mass. Dec. 1, 2016/ Troy Media/ – What will become of the New Brunswick court case that promised to free the beer, along with other goods traded across provincial borders? In April, provincial court Judge Ronald LeBlanc ruled that the effective ban on liquor purchased out of province was unconstitutional. His ruling cited Section 121 of the Constitution…

P.E.I. premier speaks truth on internal trade in Canada

The federal government has three legal avenues to ensure trade liberalization between provinces. It should take them

P.E.I. premier speaks truth on internal trade in CanadaBy Alex Whalen and Jackson Doughart Contributors Lowering barriers to Canadian internal trade is a serious priority for commerce and opportunity. Yet provincial governments have impeded the cause for decades. It's time for Ottawa to take charge. In July, the premiers met in Whitehorse to deal specifically with interprovincial trade. We won't know the details…

Canada’s internal trade challenge: making 191 words count

It's one thing for our premiers to agree in principle to freer internal trade, but we've been down this road before without success

Canada’s internal trade challenge: making 191 words countA meagre 191-word document signed by every premier this summer is being lauded as a major coup for Canada. But our optimism about the future of internal trade should be tempered by reality. The Canadian Free Trade Agreement (CFTA) was signed at the annual premiers summit in Whitehorse. We can certainly celebrate the goodwill of…