A blanket tariff by the U.S. on Canadian imports is unlikely to materialize early next year despite rhetoric from U.S. president-elect Donald Trump. Still, the mere prospect of new tariffs has caused considerable anxiety in Canada. Such a move would have dire economic implications on both ... READ MORE >
USMCA
CHART OF THE DAY: Rail deal is a sign of increasing North American economic integration
One of our major macroeconomic narratives for this year is the easing of trade tensions among major North American trading partners, and Canadian Pacific’s $25 billion deal to purchase Kansas City Southern marks a significant move in this direction. The deal would create the first railroad network ... READ MORE >
USMCA is a solid opportunity for the middle market
The new North American trade agreement represents a solid opportunity for American middle market firms to expand their participation in the regional and global economies. The pact, called the United States-Mexico-Canada Agreement, includes a chapter dedicated to small and medium enterprises – a first ... READ MORE >