As Trudeau arrives at White House, Trump hints at bilateral trade with Canada

As Trudeau arrives at White House, Trump hints at bilateral trade with Canada
WASHINGTON — Donald Trump has welcomed Prime Minister Justin Trudeau to the White House by hinting at the possibility of a free trade deal directly with America’s northern neighbour, should ongoing NAFTA talks collapse. But the U.S. president also said it’s too early to give up on efforts to renegotiate the North American Free Trade Agreement with Canada and Mexico.... Read More

Former PM Harper convinced Trump not bluffing about pulling the plug on NAFTA

Former PM Harper convinced Trump not bluffing about pulling the plug on NAFTA
WASHINGTON — Stephen Harper says he believes Donald Trump is genuinely willing to pull the plug on the North American Free Trade Agreement. The former prime minister is in Washington to discuss the fate of the ongoing trade negotiations, making rare public comments on a current political issue. And he happened to be doing so at the very moment his... Read More

International Monetary Fund report warns of Canada’s high debt levels

International Monetary Fund report warns of Canada’s high debt levels
The International Monetary Fund warns in a new report about Canada’s high debt levels and higher-than-average pressure on Canadian households’ ability to pay down that debt. The IMF says in its Global Financial Stability report released Wednesday that these dynamics in Canada’s private non-financial sector leaves its economy more sensitive to tighter financial conditions and weaker economic activity. Canada was... Read More

Trudeau’s small business tax grab will hit Atlantic Canada hard

Trudeau’s small business tax grab will hit Atlantic Canada hard
Ottawa’s plan is confiscatory and destructive for a region where everyone already pays far too much in tax By Mark Milke Contributor Atlantic Institute for Market Studies Imagine for a moment you live in Saint John, or Halifax or any other city, town or hamlet in Atlantic Canada. For years, you resisted the temptation to advise your children and grandchildren... Read More

Former PM Harper’s voice on NAFTA welcome in Washington, says O’Toole

Former PM Harper’s voice on NAFTA welcome in Washington, says O’Toole
OTTAWA — The Conservative foreign affairs critic says former prime minister Stephen Harper’s appearance in Washington today could help keep pressure on the Trump White House to preserve the North American Free Trade Agreement. Erin O’Toole says Harper’s is an ardent free trader whose voice will help convince congressional and business leaders to preserve and update NAFTA, rather than tear... Read More

The new digital economy will force a tax revolution

The new digital economy will force a tax revolution
The industrial-era tax system is quickly becoming obsolete By Robert McGarvey Columnist Troy Media No one actually wants to pay taxes. And most of us have no say – paying taxes is a legal necessity that happens automatically. But it’s a different matter for multinational corporations. Large corporations have more flexibility on when and how they pay their taxes. And... Read More

That sound you hear is the Canadian economy imploding

That sound you hear is the Canadian economy imploding
Canada has a growing global reputation as a place where nothing happens unless it suits a small and clamorous minority By Bill Whitelaw President and CEO JuneWarren-Nickle’s Energy Group Here’s a lesson on how to tank an initiative. The head teacher: federal Natural Resources Minister Jim Carr. The initiative: Generation Energy, a conference this week in Carr’s hometown of Winnipeg... Read More

Ottawa shortlists nine ‘superclusters’ for $950-million federal funding

Ottawa shortlists nine ‘superclusters’ for $950-million federal funding
MONTREAL — Ottawa has announced a short list of nine so-called supercluster proposals that could qualify for a piece of a $950-million federal fund the government hopes will boost the economy and job creation. The finalists come from different regions of the country and Innovation Minister Navdeep Bains said the proposals focus on fast-growing areas like artificial intelligence, advanced manufacturing... Read More

Poll suggests Canadians appear pessimistic about their economic futures

Poll suggests Canadians appear pessimistic about their economic futures
OTTAWA — A new poll suggests the political battle constantly waged for the support of Canada’s middle class is being fought over increasingly shrinking territory. An Ekos-Canadian Press survey of 4,839 Canadians indicates the number of people who self-identify as working class sits at 37 per cent, while 43 per cent place themselves in the middle. It’s the lowest recorded... Read More

U.S. delays announcing second round of punishing duties on Bombardier CSeries

U.S. delays announcing second round of punishing duties on Bombardier CSeries
MONTREAL — The U.S. Department of Commerce says it is delaying its announcement on preliminary anti-dumping duties against Bombardier Inc. until Friday. The company is expected to face additional export duties on its CSeries commercial jet. The decision follows last week’s move to impose nearly 220 per cent preliminary countervailing tariffs once deliveries to Delta Air Lines begin next year.... Read More