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Changes to NAFTA are coming. What effect will it have?

What is NAFTA? The North American Free Trade Agreement is a trilateral trade agreement between Canada, the USA, and Mexico. It has facilitated the flow of goods and labour between the participating nations and has contributed to the economic stability of the continent since 1994. The politics surrounding free trade have done a total 180 since NAFTA’s enactment. North American governments have been relatively pro free trade in the la...

What You Need to Know About the New Ocean Carrier Alliances

What is an ocean alliance? Different ocean carriers ally strategically to form mutually beneficial agreements; airlines also organizes themselves in this way. The new ocean alliances refer to updates in these strategic partnerships. Typically, these alliances allow ocean carriers to share their fleet, and grow their shipping range. Chances are, if your business is thinking of shipping internationally, you will likely be shipping with ...

Canada-U.S. Relations Turning Sour Over Milk

“Let’s not pretend we’re in a global free market when it comes to agriculture,” said Prime Minister Trudeau during a Q&A session with Bloomberg television earlier this week. His clear and up front challenging answer was a rebuttal to Donald Trump’s latest anti-trade tirade. The President seems to have decided to turn his attention to Canada’s dairy industry – while in Wisconsin, a state which is highly dependent on its agricultu...

Small Relief for Canadian Pulse Industry

Canada’s pulse producers are a little less stressed thanks to a temporary understanding between Canada and India over a dispute that had threatened to bring all shipments of pulses to India to a halt. India is the world’s largest market for pulses and it just so happens that Canada is one of its largest suppliers. The Indian government’s Farm Ministry has extended an exemption by three months. This exemption allows commodity imports , s...

Canada-China Trade Deal: Small First Steps

If Canada were to enter into talks regarding a potential free trade agreement with China, it wants a “progressive” which would include chapters on human rights and labour standards says Canada’s new ambassador to China, John McCallum. Formal talks haven’t started between the two countries but Ottawa has been holding a round of exploratory consultations. “We have to do this with our eyes open,” mentioned McCallum in a recent intervi...