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Big Oil Cheers Trump’s ‘New NAFTA’ But Mexico Could Complicate Things

Big Oil Cheers Trump’s ‘New NAFTA’ But Mexico Could Complicate Things While the oil and gas industry has lauded the new trade deal that may soon replace the North American Free Trade Agreement (NAFTA), a provision added by Mexico, along with its new president’s plan to ban fracking, could complicate the industry’s rising ambitions there. The new agreement, […]

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Trump’s Hand-Picked Winners and Losers: China vs Canada, NAFTA Threats, and P&G

Trump’s Hand-Picked Winners and Losers: China vs Canada, NAFTA Threats, and P&G As a single country, China is the US’s largest trading partner but Canada is the largest export partner. As Trump struggles to get a NAFTA deal going on account of Canada, the above chart puts things into perspective. Canada is the US’s largest […]

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The Biggest Threat To The Oil And Gas Indust

The Biggest Threat To The Oil And Gas Industry Trump’s trade war is taking a toll on the oil and gas industry. There has been some eleventh-hour drama over the renegotiation of NAFTA, but the energy industry is likely going to dodge a bullet on that front, with the most contentious issues revolving around agriculture […]

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Loonie Slides As Canadian Officials Reportedly Doubt NAFTA Deal Will Get Done

Loonie Slides As Canadian Officials Reportedly Doubt NAFTA Deal Will Get Done Despite outwardly optimistic appearances from Canada’s Freeland, talks between Canadian and U.S. trade negotiators reportedly turned sour last night and Trudeau government officials are now expressing concern that a final NAFTA deal will not be concluded on Friday. “That was a long, intensive […]

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Energy Is A Breaking Point In NAFTA Deal

Energy Is A Breaking Point In NAFTA Deal Oil and gas is proving to be a sticking point in the NAFTA renegotiations, with the incoming Mexican president hoping to exclude the chapter on energy from the trade deal. To be sure there have been a series of issues that have divided the three countries. Many […]

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Trump’s Trade Tantrum: On Tipping Points and Authoritarian Peril

Trump’s Trade Tantrum: On Tipping Points and Authoritarian Peril Photo by Graham C99 | CC BY 2.0 The Tangerine Tosser’s triple trade tiff – with China, the European Union, and the United States’ NAFTA partners (Canada and Mexico) – has the potential to spark an American and global economic meltdown.  Classic signs of a coming […]

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Doug Duncan: Even US Government Economists Predict Trouble Ahead

Doug Duncan: Even US Government Economists Predict Trouble Ahead Fannie Mae forecasts an economic slowdown by 2019 Doug Duncan is not your average beltway economist. The chief economist for Fannie Mae is surprisingly outspoken about the troublesome outlook for the US economy. He’s worried about the rising cost of debt service as outstanding credit continues […]

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How a U.S. Company is Suing Canada for Rejecting Quarry in Endangered Whale Nursery

How a U.S. Company is Suing Canada for Rejecting Quarry in Endangered Whale Nursery When a Canadian federal-provincial environmental review panel ruled in 2007 that a proposed quarry would go against community core values and would threaten right whales and other marine life in the Bay of Fundy, groups that had fought against the project […]

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Loonie Tumbles After Dovish Bank of Canada Hikes By 25bps, Warns Of NAFTA Uncertainty

Loonie Tumbles After Dovish Bank of Canada Hikes By 25bps, Warns Of NAFTA Uncertainty As expected by a broad majority of economists, the Bank of Canada just hiked its overnight rate by 25bps to 1.25%, the first hike by a G-7 central bank in 2018. In raising the rate, the BoC said that “recent data […]

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Moral Outrage Over Low Wages: Canada Joins Trump With Threats of Walking Out on NAFTA

Moral Outrage Over Low Wages: Canada Joins Trump With Threats of Walking Out on NAFTA The threat of total abandonment of NAFTA took on a second front today as Canada’s biggest private-sector union said NAFTA should be scrapped if Mexico cannot agree to better labor standards. Please consider Sharp Differences Over Labor Surface at NAFTA Talks in Mexico. […]

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China May Import Its Workers To Canada As It Seeks “Total Access” To Canadian Market

China May Import Its Workers To Canada As It Seeks “Total Access” To Canadian Market China’s ambassador to Canada, Lu Shaye, told the Globe and Mail that Beijing is seeking full access to Canada’s economy ahead of free trade talks, a move that could result in Chinese state-owned companies bringing their own employees to work […]

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Fate of Keystone XL Pipeline Could Be Decided in a Texas Courtroom Before NAFTA Tribunal Considers TransCanada’s Suit

Fate of Keystone XL Pipeline Could Be Decided in a Texas Courtroom Before NAFTA Tribunal Considers TransCanada’s Suit  Texas landowner Michael Bishop continues to challenge TransCanada’s right to build the southern route of the Keystone XL pipeline, renamed the Gulf Coast pipeline when the project was divided into segments. Meanwhile, TransCanada is suing the United States for not being granted the […]

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TransCanada formally seeks NAFTA damages in Keystone XL rejection

TransCanada formally seeks NAFTA damages in Keystone XL rejection Keystone XL was designed to link existing pipeline networks in Canada and the U.S. (Evelyne Asselin/CBC) TransCanada Corp. is formally requesting arbitration over U.S. President Barack Obama’s rejection of the Keystone XL pipeline, seeking $15 billion US in damages, the company said in legal papers dated […]

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Don’t Give a Damn About the TPP? You’re Going to Wish It Gave a Damn About You.

Don’t Give a Damn About the TPP? You’re Going to Wish It Gave a Damn About You. Try this at home. Dress up corporate. Stand on a corner with a clipboard. Hover a drone with a video camera nearby. Ask passersby: 1. Who’s in the Super Bowl? 2. Who should be president next year? 3. […]

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Trade deals boosting climate change: the food factor

Trade deals boosting climate change: the food factor The climate talks in Paris in December this year are viewed as a last chance for the world’s governments to commit to binding targets that might halt our march towards catastrophe. But in the countdown to Paris, many of these same governments have signed or are pushing […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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