Is NAFTA’s Chapter 11 constitutional?
A colleague emailed me a submission to the Supreme Court of Canada seeking to have them interpret whether the investor-to-state dispute settlement regime of NAFTA (in Chapter 11) is in violation of the...
View ArticleTrade Balances and Jobs: Canada, the US and China
The following note, including tables, is available on the Canadian Labour Congress website: Free trade was promoted to Canadians on the famous promise of “jobs, jobs, and more jobs” and is widely...
View ArticleHewers of Minerals, Drawers of Oil and Gas
Yesterday’s International Merchandise Trade Annual Review from StatsCan confirms the Mel Watkins thesis that Canada is rapidly reverting to its historical role as a commodity producer for the global...
View ArticlePostal Workers Respond to Coyne
Today’s National Post features a stinging reply from Deborah Bourque to Andrew Coyne’s critique of Canada’s postal monopoly. I have no expertise on comparative international postal systems, but the...
View ArticleTILMA: A Report from the Front Line
On Tuesday, I testified before the Saskatchewan Legislative Assembly’s Standing Committee on the Economy, which is holding public hearings on joining TILMA. The Legislative Assembly is broadcasting the...
View ArticleRandy Burton on TILMA
Hopefully, the radio interview that I just did with Saskatoon’s News Talk 650 will help to counteract Randy Burton’s column in today’s StarPhoenix. Burton claims: There is one overarching reason why we...
View ArticleContext on the Canada Post v. UPS NAFTA ruling
The Globe’s story, Canada Post NAFTA win sets precedent, for UPS vs the government of Canada with respect to Canada Post, is a bit misleading. It comes across as “see, those whiners about...
View ArticleCanada-US Tax Treaty
On Friday, the Finance Minister and the Treasury Secretary signed the Fifth Protocol of the Canada-US Income Tax Convention. The Canadian government lined up several business organizations in advance...
View ArticleThe End of NAFTA?
Several articles in today’s Globe and Mail assume that the US Democratic Party’s desire to renegotiate NAFTA threatens Canada. On the contrary, Canadians should welcome this initiative. Senators...
View ArticleJohn Kenneth Galbraith Prize 2008
Today at the Canadian Economics Association meetings, the PEF officially awarded the first John Kenneth Galbraith Prize in Economics to co-winners Mel Watkins and Kari Polanyi Levitt. We had a packed...
View ArticleRoutledge Book on Free Trade
Routledge has just published a book comparing Australian, Canadian, and Mexican experiences of free trade with the United States. There are three chapters on each country examining long-run...
View ArticleBlakeney on Royalties, the Charter and NAFTA
Allan Blakeney, Saskatchewan’s Premier from 1971 until 1982, just published his memoirs, An Honourable Calling. Book launches are scheduled in Regina (Nov. 25), Saskatoon (Nov. 27), Moose Jaw (Dec. 2)...
View ArticleRichardson Out
Obama’s selection of pro-NAFTA politicians as his Chief of Staff, Commerce Secretary, and US Trade Representative worried those of us who hope that he is serious about renegotiating NAFTA. This...
View ArticleDanny Chavez vs. NAFTA
I have generally been underwhelmed by media coverage of AbitibiBowater’s prospective NAFTA challenge of Newfoundland and Labrador’s decision to reclaim natural resources that the company previously...
View ArticleHarper’s $130 Million Chapter 11 Giveaway
Canada’s federal government made an important announcement this week. It was kept deliberately quiet: with a news release issued at 4:45 pm on a calm Tuesday in the middle of the...
View ArticleThe New ABC: Abitibi Bowater Conservatives
As sometimes happens, I started writing a comment on Jim’s excellent post and then realized that there was enough material for a new post. I agree with Jim that Ottawa’s $130-million settlement with...
View ArticleIndustry Canada Pans Free Trade?
Shortly before I left Canada, Canadian Business magazine contacted me for a story on productivity. It highlighted a presentation by Industry Canada economist Annette Ryan. I was struck by slide 40 (41...
View ArticleUse University Research to Increase Manufacturing Jobs
Manufacturing jobs have been declinining as a percentage of total jobs in most OECD countries for several decades, with Ontario being especially hard-hit as a jurisdiction. At the end of the Second...
View ArticleCan Canadians Really “Buy Into” Mexico?
A recent investment advice column in the Globe and Mail (by David Milstead, August 3) highlighted some surprising facts about Mexico’s economy. The bullish author suggested Mexico will be a global...
View ArticleThe NSA Scandal is all about Economics
Back in 1998, I wrote a lengthy investigative feature for The Financial Post about Canada’s signals intelligence agency, the Communications Security Establishment (CSE), and its post-Cold War role. You...
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