Trump Blinks: Canada (sort of) Avoids Reciprocal Tariffs
Canadians can breathe a temporary sigh of relief, as Trump’s much-vaunted “Liberation Day” appears to have exempted Canada from the new reciprocal tariff regime being imposed by the United States on its trading partners. After months of threats, negotiations, tariffs and counter-tariffs, it appears that the exemption on “USMCA compliant goods” will remain in place. […]
Ballots & Battlegrounds: Canada Set for Federal Showdown
Canadians will elect a new Government on April 28th. Key factors in the campaign: Donald Trump’s April 2nd tariff threat, the showdown between Poilievre and Carney, and the performance of the NDP & Bloc Quebecois. The Fight We’ve Been Waiting For Prime Minister Mark Carney has met with the Governor General and requested the […]
Manitoba’s 2025 Budget: Historical Capital Investments Planned to Weather Tariff Uncertainty
Highlights: $3.7 Billion investment in capital projects – the largest in Manitoba’s history. Hiring 1,255 net new frontline healthcare workers and investing a record $1.2 billion more into Health, Seniors and Long-Term Care. Outlining an alternate fiscal framework to respond to the worst-case scenario of across-the-board tariffs. Yesterday, Manitoba’s Minister of Finance, Adrien Sala delivered […]
Ford Unveils Ontario Cabinet: Continuity in Face of Tariff Threats
Amid an ongoing trade war with the U.S. and bolstered by a historic third straight majority with an increased share of the vote, Premier Doug Ford chose a cabinet of seasoned and reliable performers to weather the tariff storm. The ballot question in the recent election centered on who was best prepared to stand up […]
Saskatchewan Budget 2025-26: Back in the Black
3 Key Takeaways: Budget 2025/26 squeezes a surplus of $12.2 million No tariff measures or contingencies being introduced Investments are focused on infrastructure needed for a growing province Following the Saskatchewan Party’s re-election in October 2024, Minister of Finance Jim Reiter delivered his first budget earlier today. Budget 2025-26, titled Delivering For You included a small […]
New Week, New Tariffs
Trump Backs Down Due to Market Trouble Last week, our team wrote about the imposition of 25% across the board tariffs on Canadian goods by the Trump administration. The resulting tariff showdown resulted in historic declines in US equity markets, putting enormous pressure on the White House to walk back their threats – which they did two […]
Projecting Change and Stability: PM Mark Carney Names his Election Cabinet
In the midst of a historic realignment of the international order, Canada has a new Prime Minister. Mark Carney formerly held roles as Governor of the Bank of Canada, Governor of the Bank of England, Chair of Brookfield Asset Management, the UN Special Envoy on Climate Change and as Chair of the Financial Stability […]
Tariffs and Leadership Change Propel Liberal Comeback
The Liberal Party of Canada’s recent gains in public opinion polling are unprecedented, but is it durable? Liberal gains come at the expense of the NDP, Bloc Quebecois and “blue Liberals” who were in the Conservative column, as progressive voters recoil at the Trump administration’s actions – including tariffs. With US tariffs now in place, […]
Manitoba Legislature Returns: Premier Kinew Announces Measures Against U.S. Tariffs
Premier Kinew announces Manitoba’s response to U.S. tariffs, issues a bulletin on new legislation, and has a by-election scheduled for March 18. The 2nd session of the 43rd Legislature of Manitoba has officially begun. What’s on the Government’s Spring Legislative Agenda? The Manitoba government issued a bulletin signalling some important legislation they are targeting to introduce this session, including: Proposed amendments to the Municipal Councils […]
Tariff Tuesday: Trump’s Trade War Begins
U.S. President Donald Trump’s executive order to establish a 25 per cent tariff on Canadian exports and a 10 percent levy on Canadian energy came into effect at 12:01 AM this morning, marking the start of a devastating trade war between the two countries. The February 1st executive order that was initially rescinded is now in […]