Outside voices: Mary Ng asks … what happens to trade when all the trust is gone?

Canada begins to diversify its trade, but U.S. tariffs still a ‘heavy weight’

Statistics Canada says the country's merchandise trade deficit narrowed to $5.9 billion in May as gold exports climbed higher.

Canada begins to diversify its trade, but U.S. tariffs still a 'heavy weight'

OTTAWA — Canada's efforts to broaden trade beyond the United States appear to be bearing fruit, but economists warn it will be a long road before Canadian exporters settle at a new status quo.

Outside voices: Mary Ng asks … what happens to trade when all the trust is gone?

To Mary Ng, Canada’s former trade minister, the next 2-3 years “will shape the next generation of trade.” In a lengthy lament about what she calls a loss of trust (“the real currency of global trade”), Ng – who left the Canadian government earlier this year – writes in a Hinrich Foundation analysis of two possible pathways forward: A ‘fragmented’ trade world. “In this scenario, the world breaks into competing blocs. Trade wars escalate. Countr…

1 Stock That Could Explode as Canada Launches Tariff Retaliation

As Canada pushes back against U.S. tariffs with its own retaliatory measures, the spotlight is shifting to companies that stand to benefit from a wave of national support. Governments often turn inward during trade disputes, prioritizing domestic suppliers over international ones. That means homegrown firms could see a surge in contracts and growth. One name that could explode from this shift is Aecon Group (TSX:ARE), a major Canadian constructi…