Canadian drugs can’t cure deadly U.S. shortages

Canada can’t even keep itself stocked with necessary medication and falls far short when it comes to research spending

Canadian drugs can’t cure deadly U.S. shortagesCrippling drug prices in the United States have brought even Democratic presidential candidate Bernie Sanders and President Donald Trump together: they both favour drug imports from Canada to ease the pain. Vermont, Sanders’ home state, has approved this for state programs and 16 states are queuing up to follow suit. The proposal is seductive, a…

China’s crackdown in Hong Kong an ominous sign of the times

Populism some call it, but the consequence in many regions around the world has been a slippage into autocracy

China’s crackdown in Hong Kong an ominous sign of the timesIn 1972, Mitchell Sharp, Canadian secretary of state for external affairs, famously penned his Third Option doctrine. It was not exactly anti-American but it was American-anxious. The idea was to reduce Canada’s vulnerability to swings in mood and trade from the United States by diversifying our economic, cultural and political relations, especially toward rising powers…

Canada needs freer dairy trade

The economic damage of supply management to Canadian families is significant. But we failed to get rid of it in recent trade talks

Canada needs freer dairy tradeThe new United States-Mexico-Canada Agreement (USMCA) is a mixed bag for Canadians. The bright side is that it’s certainly better than having no trade agreement, and is more desirable than the massive uncertainty that comes with not knowing whether an agreement will be reached. On the down side, trade between Canada and the United States…

Putting Columbia River salmon restoration at risk

Including Indigenous voices in U.S.-Canada water agreement discussions would give the environment a leading role

Putting Columbia River salmon restoration at riskSalmon used to swim all the way up the Columbia River from the Pacific Ocean near Astoria, Ore., to the Canadian Rocky Mountains at the river’s headwaters in Canal Flats, B.C. It was an astounding journey of 2,000 kilometres upstream that cut through a landscape of lush forest, dry desert and high peaks. But since…

New trade deal increases American sway over Canada

The purpose of the USMCA is to first promote the economic and trade interests of the U.S. within North America

New trade deal increases American sway over CanadaThe great vociferous North American trade negotiations are finally over. And while the deal could still be derailed by the coming November mid-term elections in the United States, it’s very likely that the United States-Mexico-Canada Agreement (USMCA) will be the new framework for conducting trade on the continent. There has been a lot of ink…

Time for Canada to forge its own trade destiny – outside USMCA

NAFTA made us dependent on the U.S. The new trade deal will do more of the same. We need to globalize our trade perspective

Time for Canada to forge its own trade destiny – outside USMCANow that the dust has settled on United States-Mexico-Canada Agreement (USMCA), what are the key takeaways and what should Canadians be doing next? The first and most obvious takeaway is acceptance: this deal is poison. USMCA does not create a free-trade zone. In fact, the words 'free trade' never appear in the documents. This is…

Canada shouldn’t stray from climate commitments in face of criticism

We can and should stand firm against outside pressure – principally from the U.S. – and internal pressure from people like Doug Ford

Canada shouldn’t stray from climate commitments in face of criticismBy Brendan Boyd MacEwan University and Barry Rabe University of Michigan Things look bleak these days for the federal government’s Pan-Canadian Framework on Clean Growth and Climate Change. But Canada should stay the course. The framework represents Canada’s primary compliance path with the Paris climate accord, requiring provinces to establish a price on carbon or have…

Canada must escape the corporate welfare trap

We need to scrap corporate welfare in order to restore Canada’s business tax advantage over the U.S.

Canada must escape the corporate welfare trapIt’s been more than two months since federal Finance Minister Bill Morneau said he would study Canada’s crumbling business tax advantage – while cautioning against any “impulsive” measures in response to tax changes south of the border that overnight wiped away a decade-plus business tax advantage over the United States. Yet, despite a chorus of…

Canada needs to respond to U.S. tax reform

Companies in the U.S. will have more cash to give pay raises to employees, increase investment or raise dividends

Canada needs to respond to U.S. tax reformCanada needs significant corporate tax reform to remain competitive with the United States. Federal and provincial policy-makers need to act quickly. A contentious but mostly growth-boosting tax system overhaul finally passed through the United States Congress shortly before Christmas and was signed into law by President Donald Trump. While it didn’t simplify and clean up…