The COVID-19 crisis led to significant travel restrictions in the world and in Canada. The country has totally or partially closed its national borders to tourists and non-essential travellers. Within Canada, travel between provinces has been restricted. Indeed, some...
Alexandre Massaux
Trade with Mercosur: Opportunities for Canada
In November 2018, Canada and Mercosur opened negotiations for a free trade agreement. The Mercosur, composed of Argentina, Brazil, Paraguay and Uruguay (Venezuela is a suspended member from 2016), represents a bloc representing a GDP of over $3 trillion and a...
Inflation and the Collective Debt: Consequences of COVID-19 Measures
The economic consequences of COVID-19 and the shutdown of the economy are difficult to evaluate. But some of them have begun to appear and risk hindering recovery. Inflation is one of these harmful consequences. In the USA, consumer prices jumped 4.2 per cent in the...
CUSMA the New NAFTA: Boon or Bane For Canada?
In 1994, the United States, Mexico and Canada created a free-trade region with the North American Free Trade Agreement (NAFTA). Considering the fact that the USA is the largest economy in the world (from 1994 to present), NAFTA was a true asset for the Canadian...
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Weaponizing the Law
The indictment of former U.S. president Donald Trump for crimes invented by his political opponents is the most egregious example yet seen of the weaponizing of the law. The United States is now full of examples. However, in Canada, we also see the law being...
“Looking At” Seizing Control Over Western Canada’s Natural Resources
OTTAWA, REGINA - Last week, two things happened that could have profound impacts on natural resources development in Saskatchewan. One is a hint the federal government might want to take control of natural resources away from the provinces, and the other is the...
The Universal Basic Income: Already Tested, Already Failed to Reach Its Objectives
The COVID-19 crisis has brought back to the forefront the idea of a universal basic income (UBI) or guaranteed annual income (GAI). In response to the economic crisis caused by the COVID-19 restrictions, the Canadian government has implemented the Canada Emergency...
The Public Debt of Canada Needs to Be Controlled
Around the world, the economic crisis caused by the restrictions taken to fight COVID-19 has consequently led to an increase in the public debt of the United States. Canada doesn't escape this phenomenon. Based on the IMF's data, Canada's gross debt of the general...
The Introduction of a Wealth Tax Would be Counterproductive
The introduction of a wealth tax in Canada is a recurring subject that regains interest with the current crisis. Indeed, in the 2020 throne speech, Canada’s prime minister said, "The Government will also identify additional ways to tax extreme wealth...
Bidenomics: A Freer Trade Policy with Canada Under President Biden? Not So Sure.
If the USA's current electoral situation is still in turmoil, the Biden presidency seems to act. With the return of the democrats at the White House, there will be changes in the US foreign policy. Canada, as the third US trade partner, will be impacted. The Trump...
Trade between Prairies and Asia: A Growing Opportunity
In November 2020, China and 14 Asia-Pacific countries (including Japan and South Korea) signed a free trade deal covering 2.2 billion people and nearly 30% of the international trade. This new treaty (Regional Comprehensive Economic Partnership) shows that the Pacific...
The Nuclear Industry Could be a Real Asset for Alberta
If the COVID crisis takes most of the media coverage, environmental claims remain. Friday for Future, the movement launched by Greta Thunberg, has come back to protest the federal government's inaction on earlier green promises such as curbing greenhouse gas...
Don’t let the COVID Crisis Affect Alberta’s Trade with the EU
The COVID crisis has led to a massive disruption of the economy, which continues nowadays. Movements of people and goods are significantly reduced by the restrictions taken by governments around the world. At the same time, the lockdowns slowed the economy both in...