Photo: @CanadaTrade Twitter

CPTPP trade agreement ratified

Canada will be among the original six and will gain some benefit from moving early

The last domestic legislative hurdle to enacting the CPTPP trade deal with Pacific rim countries has been cleared. The deal was approved by senate and received Royal Assent the afternoon of Oct. 25. The moves makes Canada one of the first countries to ratify the 11 nation deal which comes into effect once the first […] Read more

NAFTA-USMCA

The USMCA is stupid

Only four words on this trade deal: 
bad, bad, bad and very bad

I hate to say that anything that comes out of Donald Trump’s U.S. government is a good thing, so I will wait for more feedback before I decide if the new NAFTA agreement — now known as the new USMCA (U.S., Mexico, Canada-Agreement) is a really good thing or not. Maybe since my facts are […] Read more



(JCarr.liberal.ca)

World’s ‘affection’ for Canada will help in trade diversification: Carr

Ottawa | Reuters — There is “an awful lot of affection for Canada” around the world that will help the government’s push to diversify exports away from the United States, the country’s new trade minister said on Thursday, as ties with Washington become more strained. Winnipeg MP Jim Carr, previously the minister for natural resources, […] Read more


China’s President Xi Jinping, Chile’s President Michelle Bachelet, Canada’s Prime Minister Justin Trudeau, Brunei’s Sultan Hassanal Bolkiah and Australia’s Prime Minister Malcolm Turnbull attend the APEC-ASEAN dialogue, on the sidelines of the APEC summit, in Danang, Vietnam November 10, 2017.
 Photo: Reuters/Jorge Silva

TPP trade pact in disarray as Canada holds up talks

Vietnam | Reuters – Efforts to revive the Trans Pacific Partnership (TPP) trade deal foundered on Friday when Canadian Prime Minister Justin Trudeau failed to show up for a meeting to agree a path forward without the United States. The lack of a deal on the sidelines of the Asia Pacific Economic Cooperation (APEC) summit […] Read more

Guarding Wealth: Farmers would be hostages in a trade war

Guarding Wealth: Farmers would be hostages in a trade war

Canadian farmers could suffer from American initiatives to shut borders to imports

Donald Trump’s elevation from businessman to American president could injure Canadian farmers gravely. Little is known of his plans, less of the laws he may try to push through the Congress and executive orders he may issue. But trade war is on the table and through no fault of their own, Canadian farmers may be […] Read more


Roller coaster ride ahead in the markets

World currency and market changes are going to come at us fast in 2017

On January 23, 2017, the headline read, “Trump ends U.S. ties to TTP.” It shouldn’t come as a surprise. He said that was one of the first actions he would take as president. Now we know he was serious, and he’s a man of his word, which is scary because of his many other statements. […] Read more

Francois-Philippe Champagne, shown here last month in a holiday video message to constituents, has been named federal minister for international trade. (FPChampagne.liberal.ca)

Trade lawyer named federal trade minister

Prime Minister Justin Trudeau’s latest mini-cabinet shuffle puts a Quebec lawyer specializing in international trade into the trade minister’s chair. Trudeau on Tuesday appointed Francois-Philippe Champagne, the rookie MP for the Shawinigan-area riding of Saint-Maurice-Champlain, as minister of international trade, replacing Chrystia Freeland. Freeland, as widely expected leading up to Tuesday’s announcement, becomes minister of […] Read more


Trade Minister Chrystia Freeland, shown here at the Prospectors and Developers Association of Canada conference in March. Global Affairs Canada via YouTube)

Trudeau to shuffle Dion out of foreign affairs

Ottawa | Reuters –– Canadian Prime Minister Justin Trudeau will shuffle his cabinet this week and is set to move Foreign Minister Stephane Dion, who ran into political trouble last year, a person with knowledge of the matter said on Monday. “Dion is out,” said the person, who requested anonymity because of the sensitivity of […] Read more

President-elect Donald J. Trump won the electoral vote in the U.S. presidential election held on Nov. 8, 2016.  Photo: Wikimedia Commons

World continues to digest Trump win

As the world continues to digest Donald Trump’s surprise win in the U.S. presidential election, in many ways it seems to be business as usual. After see-sawing at the open, North American equity markets logged surprisingly strong gains after most market participants were said to have priced in a Hillary Clinton victory. The U.S. dollar […] Read more