Category: Canada

Canada, Risk, US1 Comment

Financial Accountability Officer is an Officer of the Legistlative Assembly of Ontario

Colin Henderson

The Potential Impacts of US Tariffs on the Ontario Economy SummaryThis report examines Ontario’s trade relationship with the United States and estimates the potential impacts of US tariffs on Ontario’s exports, imports, GDP, employment and inflation.The United States is Ontario’s most important trading partnerThe US accounts for most of Ontario’s international trade, with 77 per cent of Ontario’s total goods exports and 60 per cent of the province’s total services exports. Imports of goods from the US accounted for 68 per cent of Ontario’s total goods imports, while services imports from the US were 63 per cent of total services … Continue reading Financial Accountability Officer is an Officer of the Legistlative Assembly of Ontario

Canada, Economy, Risk, Roam

Benjamin Tal economist CIBC – Canada -US trade future

Colin Henderson

Benjamin Tal, deputy chief economist at CIBC World Markets 10/04/25 Despite all the calls to diversify Canada’s trade, the country will end up more dependent on the United States once tariff negotiations have concluded, according to a well-known economist. “We are in the midst of a global trade war, and in a global trade war, like in the Cold War, you have to choose sides,” Benjamin Tal, deputy chief economist at CIBC World Markets, said. On Wednesday, U.S. President Donald Trump turned his global trade war into a faceoff with China after he announced a 90-day reprieve on higher reciprocal tariffs levied against other countries, but raised … Continue reading Benjamin Tal economist CIBC – Canada -US trade future

Canada, EU, UK

Europe update – Bloomberg

Colin Henderson

#geopolitics #risk President Donald Trump issued a direct threat to Iran, saying he’d hold the regime responsible for future attacks on shipping in the Suez Canal and southern Red Sea by Houthi rebels. His threat of retaliation against Tehran ratchets up the stakes even more after he authorized military strikes over the weekend on the group. The Houthi health ministry said 53 people were killed. Successive US administrations have accused Iran of supplying training, expertise and weapons to the Houthis, but taking on Iran directly would carry a fresh set of risks. Trump’s director of national intelligence, Tulsi Gabbard, said that other countries should … Continue reading Europe update – Bloomberg

Canada, Economy, US

In response to today’s news, when United States imposed 25% tariffs on Canadian goods, CCI President Benjamin Bergen issued the following statement:

Colin Henderson

Council of Canadian Innovators In response to today’s news, CCI President Benjamin Bergen issued the following statement: “The latest tariffs imposed by the U.S. government are another stark reminder that Canada cannot take access to the American market for granted. Now is a moment for us to prove what we’re capable of; we can build a better and more resilient economy starting today. While we fully support the federal government’s decision to respond with countermeasures, retaliation alone is not a strategy. Canada needs a long-term plan that strengthens our domestic economy, reduces our dependence on unpredictable trading partners, and ensures Canadian firms have … Continue reading In response to today’s news, when United States imposed 25% tariffs on Canadian goods, CCI President Benjamin Bergen issued the following statement:

Canada, US

Trump may leverage intel sharing against Canada, former intelligence adviser warns

Colin Henderson

‘It’s a serious threat and we have to think about it,’ Vincent Rigby told an international affairs conference The Canadian Press Kyle Duggan Published Feb 12, 2025  •  2 minute read OTTAWA — A former top intelligence adviser to Prime Minister Justin Trudeau says he fears the U.S. might put intelligence sharing on the table in talks about the state of Canada’s defence spending. Vincent Rigby said he worries about intelligence being used as a negotiating tool as the Donald Trump White house seeks to extract gains from Canada. “We hear so much about defense spending and two per cent, and what … Continue reading Trump may leverage intel sharing against Canada, former intelligence adviser warns

Canada

NP View: A roadmap for Canadian prosperity

Colin Henderson

This country can be very wealthy if Ottawa gets out of the way Published Feb 08, 2025  •  Last updated 1 hour ago  •  4 minute read Parliament needs to be recalled immediately because, even though U.S. President Donald Trump’s across-the-board 25 per cent tariffs have been put on pause, the threat remains. Instead, Prime Minister Justin Trudeau hosted a “summit” with business and labour leaders in Toronto on Friday morning. While Trudeau gave a speech at the summit, the most significant thing he said came after he shooed reporters out of the room so he could speak privately with investors. When he thought the … Continue reading NP View: A roadmap for Canadian prosperity

Canada, Economy

‘Breakdown Nation’: Ruchir Sharma on what went wrong with Canada and how to fix it

Colin Henderson

Veteran global investor on American exceptionalism, the future of globalization and how Canada became a breakdown nation Published Jan 30, 2025  •  Last updated 3 days ago  •  12 minute read As a veteran global investor, Ruchir Sharma has built a career out of identifying the next winners in emerging markets. But even superstar economies can crumble into “breakdown nations” — a label Sharma recently bestowed on Canada. Sharma is chairman of the investment firm Rockefeller International, founder and chief investment officer of Breakout Capital, a contributing editor to the Financial Times and the author of several books, including “What Went Wrong with Capitalism.” In this Q&A … Continue reading ‘Breakdown Nation’: Ruchir Sharma on what went wrong with Canada and how to fix it

Canada, Economy

Financial planning in Canada is a mess

Colin Henderson

This from the Financial Post confirms planning is not co-ordinated at all and hardly considers black swan events. Financial Post FP Posthaste Nov 01, 2024 The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic product, and the latest data is only causing policymakers more grief. In the central bank’s October Monetary Policy Report (MPR), it forecasted third-quarter GDP of 1.5 per cent, a big drop from its 2.8 per cent estimate in July. After the GDP data release on Thursday, the central bank’s … Continue reading Financial planning in Canada is a mess

Canada

AcceleratorFest – UofT

Colin Henderson

AcceleratorFest University of Toronto Entrepreneurship Wednesday, September 18 12:00 PM – 6:00 PM Schwartz Reisman Innovation Campus 108 College Street, 2nd Floor Registration Welcome! To join the event, please register below.  About Event ​Just in time for back-to-school season, join the U of T Entrepreneurship (UTE) Community for the inaugural AcceleratorFest and discover the extensive resources, spaces and programs available to all U of T entrepreneurs across the tri-campus.  ​Meet representatives from 12+ campus accelerators and their startups and hear from founders who are building businesses that are making a major impact.   ​Tour ONRamp, U of T Entrepreneurship’s co-working and … Continue reading AcceleratorFest – UofT