Trade
January 21, 2025
Canada-U.S. Trade Relationship Infographic
Infographic that explores the strong trade relationship between Canada and the United States. Canada is the largest export market for the U.S., while maintaining a small trade deficit. Additionally, Canada is a net importer of $5 billion in U.S. automotive products, highlighting the deep economic ties between the two nations.
January 21, 2025
Setting the Record Straight on Canada-U.S. Trade
In addition to border security concerns, Trump has argued that “the United States can no longer suffer the massive trade deficits that Canada needs to stay afloat,” claiming that the U.S. subsidizes Canada to the tune of US$200 billion annually. How “massive” is the deficit and is there validity to this claim of subsidization?
January 17, 2025
Ready or Not, Here He Comes
Donald Trump will be inaugurated on Monday, and Canadians are bracing for the economic threats in recent weeks to turn into action through a flurry of executive orders. To assess the magnitude of this threat, here are the areas of economic growth and jobs most at risk on Trump’s return to the White House.
November 06, 2024
Markets Brace For Higher Inflation and Interest Rates Under President Trump
As of 11 AM ET, Donald Trump has secured 277 of the 538 Electoral College votes, becoming the 47th president. While ballots are still being counted, President Trump also looks to have won the popular vote, which has not happened for a Republican president since George W. Bush in 2004.
October 24, 2024
Trump Tariffs: A Trade Canada Doesn’t Want
The U.S. election is around the corner and it’s still anybody’s guess as to who will take the win. In this report, we’ll focus specifically on what Trump’s tariff proposal – notably a 10% across-the-board levy on U.S. imports – could mean for Canada’s economy.
September 13, 2024
U.S. 2024 Election: Economic and Financial Implications
Elections matter for the economy, but financial markets are likely to be particularly attuned to the current election cycle given America’s unsustainable fiscal trajectory. The make-up of Congress will determine how much of the future President’s agenda can be implemented. A divided Congress will likely force the next President to make significant concessions relative to their current platform proposals.
