U.S. Supports Allies Globally

This is a U.S. news story, published by financialpost, that relates primarily to Tiff Macklem news.

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US Politics

David Rosenberg: It may not seem obvious today, but Trump has done Canada a big favour when it comes to the future

Summary

Nutrition label

63% Informative

The U.S. sends tremendous support to its allies around the world, but the payback has typically been a more stable world.

Canada can respond with tariffs of its own, though export taxes would be preferable.

Bank of Canada governor Tiff Macklem is correct that the central bank, with blunt tools, is not a powerful antidote to a trade war.

The best thing that has happened (not the only good thing) about the end of the Justin Trudeau era is that the focus (from an economic development perspective) on stifling environmental protection barriers and acute regulations will move to the rear-view mirror.

Canada needs to start competing head-on with the U.S. when it comes to deregulation and competitiveness broadly speaking.

VR Score

Informative language

Neutral language

Article tone

semi-formal

Language

English

Language complexity

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not offensive

Hate speech