DECEMBER 2016 ISSUE
Government of Canada
Trump Wins: Impact on Canada
By Peter G. Hall
Vice-President and Chief Economist Export Development Canada
Glad it’s over? The declaration of Donald Trump as 45th President of the United States two nights ago wraps up an historic campaign. Election periods always have a good dose of intensity and anticipation, but this one redefined the battlegrounds and the rules of engagement, radically. For all its rancor, one thing that both candidates agreed on was singling out international trade, and how it’s structured today, as a key enemy. That’s very bad news for America’s trading partners – and since we’re their biggest one, we may well be the most at risk. What does the victory of Trump and the Republicans mean for Canada?
The EU-Canada Agreement: Backroom Ministrations and …
By Jim Miles – Global Research
Most interesting watching the progress of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU through the various opaque backroom ministrations.
As the progeny of North American Free Trade Agreement (NAFTA, 1994) it serves to refer to a bit of history. Former Prime Minister Brian Mulroney very recently on CBC said that NAFTA was a wonderful agreement. He said that its purpose generally was to help all economies but more specifically “to help Mexican workers” who at that time had been devastated by the devaluation of the peso (also 1994) due to capital flight from Mexico (one of the many outcomes of fiat currency markets).
Benefits of the Canada - EU Agreement
By A Correspondent
The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) will create jobs, strengthen economic relations and boost Canada's trade with the world’s second-largest market. CETA is a progressive free trade agreement which covers virtually all sectors and aspects of Canada-EU trade in order to eliminate or reduce barriers. For example, prior to CETA’s entry into force, only 25 percent of EU tariff lines on Canadian goods were duty-free. Upon CETA’s entry into force, the EU will remove tariffs on 98 percent of its tariff lines. Once CETA is fully implemented, the EU will have eliminated tariffs on 99 percent of its tariff lines.
Just say ‘No’ to Nuclear Disarmament
By Matt Gurney - National Post
Oh, Canada. How could we?
You may have read recently that Canada voted “no” to nuclear disarmament. The vote was at a UN committee seeking to write a global anti-nuclear weapons treaty next year. The committee got the necessary votes to proceed with drafting the treaty, but it’s all just make-believe anyway — none of the countries that actually, you know, have nuclear weapons seem all that interested in getting rid of them.
But it wasn’t just those countries that voted no. Canada hasn’t had nuclear weapons in decades (yes, we had them, more on that later) and still voted against the treaty. So did most of NATO. This has outraged all the usual suspects, but it was actually a welcome sign of some maturity from the Liberal government. I hope we see more decisions like it.
UN Report Urges Canada to Address Gender Equality Barriers
By Tavia Grant - The Globe and Mail
A new report from the United Nations is calling on Canada to get to work on a number of barriers still facing women when it comes to gender equality and urging the government to take more concerted steps to stop violence against indigenous women and girls.
The review – typically conducted every four or five years – by the Geneva-based Committee on the Elimination of Discrimination against Women covered a range of issues, from the gender pay gap to poverty and violence against women, as well as the use of solitary confinement in prisons.
'A New Vision for Housing in Canada' Unveiled
The Canadian government has unveiled its housing strategy plans, following months of consultation with Canadians and industry stakeholders.
“Affordable housing can connect individuals with the facilities and services they need to build secure, productive and meaningful lives for themselves.
Living close to jobs, public transportation and childcare enables people to participate fully in society and the economy,” Jean-Yves Duclos, minister of families, children and social development, said in the report, entitled What we heard: Shaping Canada’s national housing strategy. “A National Housing Strategy will align the efforts and resources of all players – governments, stakeholders in the private and non-profit sectors and others – toward improving housing outcomes for all Canadians.”