Latest from Peter Armstrong
Analysis
How Canada emerged as the safest port in a storm of global trade
Canadians are rightly angry and scared about what the U.S. tariffs and threats will mean for the economy. When the trade war first began, the outlook was dire. But since then, Canada has swung from the focus of U.S. trade ire to having the lowest U.S. tariff rate of any major trading partner in April.
Bank of Canada must get comfortable with the unknown as long as Trump is in charge
The Bank of Canada is waiting for more information from the U.S. on the trade landscape before moving on interest rates. What if it never comes?
Analysis
Is CUSMA the best path out of the trade war with the U.S.?
Donald Trump defended the Canada-US-Mexico Free Trade agreement and seems to have opened the door to jump starting talks to end the trade war.
Analysis
Now comes the hard part for Mark Carney
The success of Mark Carney's political agenda hinges on delivering his economic promises.
Analysis
How can we rebuild the Canadian economy? Business leaders say there are 4 priorities
Once the election is over, Canada's new prime minister will have to move fast and pick priorities to strengthen the economy. The good news is both the Conservative and Liberal leaders agree on (most of) what needs to be done.
Analysis
The U.S.-China trade war is escalating. But China may have more leverage than the U.S. thought
With the U.S. and China escalating their trade war, experts say China believes it can both inflict more damage on the U.S. and tolerate more pain.
Analysis
Trump wants to upend the entire global order. Can he stomach the price tag?
On the one hand, the U.S. president wants to upend 70 years of global trade and fundamentally change the way the world does business. But in handing out exemptions and carve-outs, he’s trying to do that in a way that doesn’t cause much pain for American businesses and consumers.
Analysis
Is there such a thing as a Made in America car anymore?
There's no such thing as a "Made in America" car anymore. And there hasn't been for years. Cars across the continent are made through an intricate and complex web of companies working together to make cars efficiently and bring down cost for consumers. Undoing that process would cost billions of dollars and take years to rebuild.
Analysis
Tariff threats are already driving investment out of Canada
No one knows what Donald Trump really wants. But he's already seeing results he'll be happy with as Canadian businesses consider moving investment out of Canada and focusing on the U.S.
Analysis
Trump's trade threats are just the beginning
In the wake of Donald Trump's threatened tariffs, Canada and its businesses need to diversify who they do business with. Problem is, anti-free trade rhetoric is rising around the world.