In competitiveness, Canada did not even make this year's World Economic Form list of the 10 most competitive nations in the world. The problem is that Canada is badly managed politically. In fact politicians run the show and have balkanised the economy to suit their political agendas.
What we know about the proposed free trade deal with Europe announced "in-principle" just over a week ago comes to us through leaks and press releases from those generally in favour of the deal. And, already there's reason for concern. The Comprehensive Economic and Trade Agreement (CETA) will no doubt contain some good and bad things for Canadians worried about the security of their jobs or the opportunities for them or their children to find meaningful employment. Any trade deal would. What we don't know, and can't know until we see the entire text of the deal, is how the two balance.
Ontario Premier Kathleen Wynne said her government would support the proposed Canada-EU Comprehensive Economic and Trade Agreement (CETA) -- with conditions. The province should be compensated by the federal government, said the Premier, for an expected nine-figure increase in drug costs, as well as the effect of subsidized European cheese imports on local dairy farmers and possible hardship at Ontario wineries. Think about that for a second. The feds will hand money over to Ontario, who will in turn hand much of it over to pharmaceutical giants.
Prime Minister Harper finally has his very own tombstone-ready one-liner, too: "he got us free trade with the Europeans." That seems to be the consensus bouncing around the Canadian punditocracy at the moment, at least. Everyone agrees this trade deal rules. An estimated 80,000 new jobs, an annual $12 billion boost to GDP, cheaper vino from Italy, yadda yadda. But perhaps there's another story here, too.
MONTREAL - Provincial support for the Canada-Europe trade pact was only achieved after a stressful moment over Thanksgiving turkey this week.It was during the Monday holiday that the federal governmen...
Eugene Melnyk owns the Ottawa Senators. He's Canadian. He owns Canadian businesses, but lives in Barbados. Here's where the CBC and the CRA come in. With their recent bit of "hidden-camera" journalism, the CBC concluded that Barbados is a haven for Canadian corporate tax evaders.
It's time that governments stop signing trade and investment pacts that put the rights of corporations above the rights of communities and the environment. My right to clean water, clean air, and a healthy planet for my family and community has to come before Lone Pine's right to mine and profit... doesn't it?
Critics of supply management are putting a sharp focus on one aspect of the supply management issue, but are at risk of missing the bigger picture. It's almost a matter of not seeing the cows for the...
The Conservatives are keeping secret the draft text of a sweeping free trade agreement Canada is negotiating with a dozen Pacific Rim countries, despite the fact that any U.S. congress member can acce...
In June, 2013, the 300 strong Hupacasath First Nation launched a court action with the Federal Court to stop ratification of a proposed 31-year trade treaty that, among other things, gives Chinese companies unprecedented power over Canadian resources. The Chief Justice of the Federal Court presided over the hearings, and a decision will be made by the end of August, or in early September.
Plenty of people will shamelessly demand government spend lots of extra money to "buy local," even if the cost is millions or billions of dollars more. This is daft. The notion that jobs in Canada come at the cost of employment in Japan, India, China or Germany, or vice-versa, is profoundly mistaken. Jobs can be created in one's own country and abroad at the same time.
"Aid is just a stop-gap. Commerce and entrepreneurial capitalism take more people out of poverty than aid." Though I strongly agree with these words, they came from someone just a bit more glamorous than me -- Bono. The West's relationship with the poor is based on condescension and charity. When it comes to helping the poor get out of the poverty trap, one should not be trapped in preconceived ideas.
As vacationers travel around Canada this summer, here is a question to ponder for those who sip fine Canadian wine: why do so many provincial politicians oppose free trade in wine among the provinces?
Another Conference Board of Canada report claims supply management drives up prices and discourages international trade. There is no evidence that deregulating Canada's dairy market would result in lower prices for consumers. In fact, international experience tells us otherwise.
Free trade within Canada remains an illusion. In its report, "Top 10 Barriers to Competitiveness", the Canadian Chamber of Commerce estimates that obstacles to internal trade cost the economy at least $14-billion a year. Right on cue, this report was ignored, joining a long and distinguished list of excellent studies that gather dust.
Flickr: Steve A Johnson
When it comes to food prices, Canadians often complain about paying too much. Who or what is to blame? Martha Hall Findlay points the finger at the supply management (SM) system. But Richard Doyle says SM has little to do with the price of milk -- it just benefits the economy. What do you think? Have a look at what Hall Findlay and Doyle have to say in our online debate. Then decide whose case is more persuasive, and cast your vote...
Canadian officials are in Brussels this week in what may be the final round of a sweeping new Canada-European Union trade deal that puts our water at risk. Your provincial premiers are doing little to stop them but that can and must change.
Canada remembers a milestone this week -- the 25th anniversary of the signing of the Canada-U.S. Free Trade Agreement. Former Mulroney government officials and the business community that supported the first-of-its-kind project are running predictable victory laps in commentaries this week. Well, I'm sorry to crash this little party but there is something seriously wrong with this picture.
QUEBEC - The new Quebec government says its support for a Canada-Europe free trade agreement is not yet certain and is warning that it should not be treated as a fait accompli.The Parti Quebecois gove...
Canada's provinces are no fools and know exactly what they are doing at the negotiating table, Quebec’s lead negotiator in the free trade talks with the European Union shot back Wednesday. Pierre Mar...
OTTAWA — Canadian provinces are either ill-equipped or incompetent when it comes to defending their rights in a massive and overarching free trade agreement Canada is currently negotiating with the Eu...
SEOUL, South Korea - Stephen Harper touched down in Seoul on Monday to attend a global nuclear summit amid a rising cacophony of threats and challenges involving North Korea, its atomic program and th...
DAVOS, Switzerland - Quick completion of a trade deal with Canada will help Europe regain some of its competitive edge, says British Prime Minister David Cameron.In a speech that urged Europe to take...
It comes as welcome news that Prime Minister Harper will visit Beijing next month. Harper should use the opportunity to signal his version of a "pivot" to Asia -- without the overtones of geopolitical positioning that invariably accompany U.S. foreign policy. An excellent way to do so would be to propose a Free Trade Agreement with China.
OTTAWA - Leaders of 21 global economies, including Prime Minister Stephen Harper, are on their way to Hawaii for the next round of APEC meetings.But while those talks focus on the nitty gritty of ensu...
Popular radio personality and former MuchMusic VJ Terry David Mulligan experimented with civil disobedience in May of this year. His rebellion? He carried nine bottles of wine across the B.C. and Albe...
SAO PAULO - Prime Minister Stephen Harper is in Brazil's financial centre of Sao Paulo today to give a luncheon speech to business and political leaders. He said Monday that Canada is in the early sta...
THE CANADIAN PRESS -- OTTAWA - South Korea says it has decided to resume imports of Canadian beef, lifting an eight-year ban imposed over fears of mad cow disease. Seoul was the last major Asian gover...
No wonder the Harper government doesn't talk about the Canada-EU Comprehensive Economic and Trade Agreement much. If Canadians find out what is in it, they would turn it down.