Since Canada established its agreement with the EU, the EU's nonsensical barriers have stood in the way of businesses trading internationally
The United Kingdom is inching closer to the end of its transition period between leaving the European Union and officially dropping its trading relationship with the remaining 27 member states. As of Jan. 1, the U.K. will make its way in the world on its own, trading off the back of entirely new deals already…
A number of restrictions inhibit labour mobility, as well as the free trade of goods and services. And trade barriers add regulatory burdens on businesses
By Ben Eisen and Alex Whalen The Fraser Institute When many people think about threats to free and open trade to Canada, they immediately consider the protectionist outlook of departing U.S. President Donald Trump. In 2020, another obstacle to the free movement of products and people across boundaries has been the COVID-19 pandemic. However, even…
Governments tend to forget about consumers when managing supply. Open trade to more cheese and challenge our farmers
Cheese heads – it’s what Canadians are called in many of the United States border regions. It’s because when many Canadians visit their American neighbours, they head straight to the nearest supermarket and buy cheese – and milk and eggs. Dairy and eggs are much more expensive in Canada than in the U.S., even when…
We are too dependent on two of our top three customers: the U.S. and China. And both of these are increasingly hostile
Canada relies on exports. In any given year, about 45 per cent of our economy is in foreign trade. For much of the past, our exports have been mainly in the agriculture and resources sectors. These are still important, but services (think international education), manufactured goods (e.g. Lululemon clothing) and technology (e.g. the Canadarm robotic…
The opposition to fossil fuels such as natural gas is driven by magical thinking and is against all empirical evidence
By Mark Milke and Lennie Kaplan Canadian Energy Centre As the lockdown from the COVID-19 pandemic ends, provincial and federal governments will still face the reality that arrived in its wake: a recession, and one made worse by a domestic energy sector that never really recovered from multiple injuries already in play. Those injuries included:…
As the COVID-19 crisis has shown, open borders mean diseases travel more rapidly and supply chains are endangered
Pope Francis recently praised attachment to one’s own culture and place. He criticized global capitalism with its “consumerist vision of human beings” for its “levelling effect on cultures, diminishing the immense variety which is the heritage of all humanity.” But in Canada, nationalism – the idea that one should have particular regard for one’s own…
In the post-COVID-19 era, government needs to invest in game-changing projects. Here are some good places to start
The clamour to reopen the economy has reached a crescendo in many parts of North America. But the global economic impact of the COVID-19 pandemic will be far-reaching for years to come. Canadian historians list 1935 as the year the worst of the Great Depression was over. But the nation really didn’t begin to return…
Some vital economic sectors require government support and protection in order to grow and mature and not be held hostage to foreign influence
An old and obscure economic theory should have shaped the Canadian response to the COVID-19 global pandemic. Sometimes we need to go back to find the right path forward. The infant industry argument was first proposed by Alexander Hamilton in 1791. He made a case for the United States government to protect fledgling industries against…
Author Valerie Hansen demonstrates that the concept of international trading networks and linkages goes back a very long way
Valerie Hansen is an American academic who teaches history at Yale. She also writes books, of which 2012’s The Silk Road is perhaps the best known. Hansen’s latest book is The Year 1000. Provocatively subtitled When Explorers Connected the World – and Globalization Began, it’s a recounting of interconnectedness in the five centuries between 1000…
The pendulum of public attention is beginning to swing from getting through the pandemic to economic recovery. But recovery is not a simple process. Governments and health authorities are planning or actually beginning to implement the gradual and much-awaited loosening of lockdown restrictions. COVID-19 is nowhere near being vanquished and it will still be a…
The United Kingdom is inching closer to the end of its transition period between leaving the European Union and officially dropping its trading relationship with the remaining 27 member states. As of Jan. 1, the U.K. will make its way in the world on its own, trading off the back of entirely new deals already…
