“May they know that the president of the republic will always defend Mexico, above all else,” proclaimed Mexican president Claudia Sheinabaum shortly after Donald Trump’s inauguration. In the short month since Trump was reinstated into the White House, he has … Continue reading
Tag: economics
The EU Braces Itself for Trump’s Global Trade War
Trump’s tariff announcements and the threat of an impending global trade war not only have significant impacts on North America and China but could have major consequences for the European Union as well. On February 1, Trump signed three … Continue reading
Oh, Canada: The Larger Picture Behind Canadians Fans Booing the U.S. Anthem at Hockey Games
On February 1 at the Ottawa Senators vs. Minnesota Wilds hockey game, the crowd erupted into loud boos as the United States (U.S.) national anthem played over the speakers. Similar scenes unfolded that same weekend at the Vancouver Canucks and … Continue reading
Tariff Tango: The U.S. and Canada’s Costly Dance
The trade relationship between the United States (U.S.) and Canada has taken a sharp turn for the worse following a new wave of tariffs imposed by the U.S. government. The U.S. government recently announced a 25% tariff on all Canadian … Continue reading
The Fallout of the U.S. Steel Deal
Nippon Steel, or 日本製鉄株式会社 (Nippon Seitetsu Kabushiki Gaisha), was founded in 1950. It originated from two separate companies, Yahata Iron & Steel Co. and Fuji Iron & Steel Co., both established in 1950. A year later, in 1951, Shin-Fuso Metal … Continue reading
People, Planet, Profit: The Role of Co-operatives in Driving Sustainable Development
“Co-operatives build a better world,” affirmed United Nations Secretary-General Antonio Gúterres before designating 2025 as the International Year of Cooperatives. The 2.6 million co-operatives worldwide employ approximately 10% of the global labour force. By balancing profit-seeking with a value-driven approach… Continue reading
Canada Follows US and EU in Imposing Tariffs on Chinese Electric Vehicles: Will it Backfire?
On August 26, 2024, Canadian Prime Minister Justin Trudeau announced Canada’s decision to impose a 100 percent tariff on imported Chinese electric vehicles (EVs) starting October 1, 2024. Alongside a 25% tariff on Chinese steel and aluminum imports effective October … Continue reading
IMF Loans: A Blessing or Curse?
In recent times, Pakistan has been recently struggling with crippling economic issues, often on the brink of financial collapse, only to be bailed out by an International Monetary Fund (IMF) loan. The most recent US$7 billion loan agreement mirrors the … Continue reading
Les JO : Atouts ou dangers pour l’économie et l’écologie?
Attendus depuis plusieurs années et préparés depuis de longs mois, les Jeux olympiques (JO) arrivent enfin à Paris cet été et les Français sont mitigés quant à leur impact. Si au début les effets semblaient être positifs, au fur et … Continue reading
Canadian Immigration Policy: A vulgar apology for Capitalism
In a recent National Bank article, two economists wrote about the higher-than-usual immigration into Canada, warning Canadians of a so-called “population trap.” Their term refers to “a situation where no increase in living standards is possible, because the population is … Continue reading