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Articles by Andrew DiCapua
Why Trump's Tariffs Didn't Break Canada
The Canadian and American economies are woven together tightly. So when Donald Trump slapped 25 per cent tariffs on Canadian imports last year, many economists—myself included—looked into our crystal balls and saw a disaster looming. Unemployment would rise sharply, households would pull back on their spending, profit margins would thin and business investment would slow down. We’d be in a recession.
Why Trump's Tariffs Didn't Break Canada - Macleans.ca
20 hours ago Claude Lavoie is a contributing columnist for The Globe and Mail. He was director-general of economic studies and policy analysis at the Department of Finance from 2008 to 2023. A mid-December Abacus poll shows 62 per cent of Canadians identify high cost of living as their predominant concern. This …
A Snapshot of October: Highlights and Happenings at the Chamber
To say a proper farewell to October, we’ve put together a snapshot of our recent initiatives and events that showcase our dedication to addressing the pressing issues shaping Canada’s economy. Here’s a quick tour of our activities, organized by topic, to give you a glimpse of what we’ve been up to! Small Business Month Spotlight In honour of Small Business Month, we turned the spotlight on initiatives that nurture small business growth and resilience.
Opinion: Investing in our natural resources will power Canada forward
• • You can save this article by registering for free here. Or sign-in if you have an account. Article content There’s a natural solution to Canada’s productivity and economic challenges, but our leaders are ignoring it. Our country faces significant economic challenges, low productivity, declining living standards, regulatory uncertainty and weak business investment.
Opinion: Investing in our natural resources will power Canada forward
Opinion: Investing in our natural resources will power Canada forward Bryan Detchou and Andrew DiCapua, Calgary Herald Published Oct 04, 2024 • Last updated 5 hours ago • 3 minute read The Canadian Chamber of Commerce says Canada is missing an opportunity to boost productivity by failing to realize the full potential of its natural resources.
Economic outlook: Top 3 things you need to know
With the global economic engine kicking into a preemptive higher gear, summer 2023 began on a cautiously optimistic tone with mostly positive news from first-quarter economic data for countries, like the United States, China, and Canada. As a result, EDC Economics revised our forecast for the global economy this year from 2.4% to 2.9%, with similar growth of 3% in 2024.
The drive to diversify
Economists and politicians have long advocated the need to diversify Canada’s international trade and investment to avoid overreliance on the U.S. market. Even though the U.S. economy is performing well, and recent bilateral trade has been surprisingly strong, increased trade protectionism from President Trump has renewed the urgency for some Canadian companies to diversify their international business.
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