Trump has said he will dismantle the North American Free Trade Agreement. This would be hugely harmful for Canada and the U.S. and for integration in the region.
We have two borders--one with Mexico and the other with Canada, I've done a lot of looking, but I have never seen an illegal Canadian .... Canada has a sound, stable economy, and that's what you need to solve the border problem. That that's why a wall by itself will never work.
Trump has been very, very open and clear on what he's going to do. He's going to make the U.S. very competitive on taxes, corporate and personal. He's eliminating policy on carbon and the regulatory environment on shale and energy and pipeline development. These are all things that Canada has to do and we no longer have a competitive environment to do them in. It manifests itself in the slow grind of our economy.
Canada's total exports into global markets reached a record high of $528.8 billion in 2014, the last year with fully available figures. A mere $18.8 billion of those exports went to China.
Furthermore, the spirit of enterprise which had its first intellectual development in England has especially flourished here as well as throughout all of Canada, while the same spirit has become less virile in the land of its origin.
The fact is, Canada needs investment, particularly in infrastructure.
Despite the value to Canada, our country lags in competitiveness in the global social economy.
In the midst of this enormous economic crisis, I think Canada has shown itself to be a pretty good manager of the financial system and the economy in ways that we always - haven't always been here in the United States.
Canada is in budgetary deficit now only because of the recession, only because of stimulus measures, and we will come out of it. We will go back into surplus position when the economy recovers. So there is no need in Canada to raise taxes.
Things are pretty good in Canada. We weathered the recession fairly well. And, of course, were up here up living here, we're watching American news and we're constantly saying, wow, it's not as bad as it is in the United States.
