Op-Eds

  • February 5, 2016  |  Authors: Stewart Beck, Saumitra Chaudhuri
    Now is the time for Canada to capitalize on its renewed relationship with India India’s Prime Minister Narendra Modi swept to power on the promise of honest government, effective administration, and urgent economic reform. Nineteen months later the headlines of victory have given way to the realities of governing the world’s fourth-largest economy and its most-populous democracy. Modi’s visit...
  • February 3, 2016  |  Author: Stewart Beck
    While Canadians politely deliberate the importance of Asia, our international partners have been aggressively building ties and vying to secure prosperous relations in the region. If Canada wants to remain politically relevant and secure its own economic future in a more Asia-centric world, deeper engagement with Asia is a must. The rise of Asia marks one of the defining shifts of the 21st...
  • January 15, 2016  |  Authors: Hugh Stephens, Yves Tiberghien
    This week’s meltdown in China has generated understandable concern. The world’s second-largest economy faces significant market turmoil: Should we be concerned? Yes. Should we panic? No, although there is a risk that panicky behaviour could spread to markets outside China. China’s volatile stock market is not a proxy for its economy; in fact, there is considerable discrepancy between economic...
  • January 11, 2016  |  Authors: Kevin Lynch, Tiff Macklem, Daniel Trefler
    One fairly safe prediction for 2016 is that the public debate in Canada over the merits of the Trans-Pacific Partnership will get louder and messier. Part of the reason for this is unfortunate but understandable: an agreement negotiated largely in secret, with little involvement of the business community in identifying trade opportunities and risks, and signed by our former government during an...
  • January 7, 2016  |  Author: Hugh Stephens
    When Pierre-Elliott Trudeau was elected prime minister of Canada in June of 1968, one of his prime foreign policy objectives was to establish diplomatic relations between Canada and the Peoples’ Republic of China, and in the process contribute to the closer integration of China into the international world order. This initiative led to more than 30 years of flourishing Canada-China relations...
  • January 6, 2016  |  Author: Joseph Caron
    It’s time to reset Canada’s relations with China. Canada has always been actively and positively open to the world, because it must. For the past half-century, China has taken its place among our most important international partners, and has become central to our foreign policy. John Diefenbaker expanded trade and opened the immigration doors to China, Pierre Trudeau established diplomatic...
  • December 21, 2015  |  Author: Hugh Stephens
    The election in Canada of a majority Liberal government on October 19 headed by 43-year old Prime Minister Justin Trudeau has engendered a sense of anticipation regarding a more activist role for Canada internationally. For Canada-China relations, the assumption of power by Trudeau fils provides a new opportunity to re-energize the bilateral relationship. It was Trudeau’s father, Pierre-Elliott...
  • November 23, 2015  |  Author: Hugh Stephens
    The newly negotiated Trans-Pacific Partnership (TPP) that the Liberal Government has inherited from its Conservative predecessors is coming under increasing scrutiny. Among the many areas that will be examined is Chapter 18, where the Intellectual Property (IP) provisions of the Agreement are outlined. (TPP IP Chapter). IP is one of the areas where the anti-TPP forces have focused much of their...
  • November 19, 2015  |  Author: Stewart Beck
    This week, the annual meeting of the Asia Pacific Economic Co-operation forum – APEC – will be held in Manila. Newly elected Prime Minister Justin Trudeau could not ask for a better opportunity to refresh Canada’s relationship with Asia than this high-profile meeting of regional leaders. Despite being a “Pacific nation,” with about 60 per cent of all new immigration originating in Asia and...
  • November 17, 2015  |  Author: Yves Tiberghien
    Like the G-20 summit last year in Brisbane, Australia, the upcoming gathering Nov. 15-16 in Antalya, Turkey will be remembered for keeping the grouping of the world's largest economies alive rather than for any transformative outcomes. The next summit should be altogether different. With uncertainties growing about global growth and China's economic rebalancing, the stakes will be high. However...
  • November 12, 2015  |  Author: Hugh Stephens
    With the election of Justin Trudeau and the Liberals, much of the policy framework that has defined the last decade or so of Stephen Harper’s government will be subjected to close scrutiny—none more so than Canada’s China policy. Now that Mr. Trudeau has met Chinese President Xi Jinping, where at the Antalya Summit in Turkey he is reported to have said that Canada now has an opportunity to set a...
  • November 6, 2015  |  Author: Stewart Beck
    For a country that considers itself a nation of free traders, the Trans-Pacific Partnership (TPP) should be an easy sell. It is the largest, most ambitious trade deal in the world. It effectively lowers tariffs and sets common standards for 12 countries that represent a combined market of $28.5 trillion, or 40 per cent of the global economy. But Canadians have been slow to embrace the TPP. Our...
  • September 26, 2015  |  Authors: Yves Tiberghien, Wang Yong
    Chinese President Xi Jinping on Thursday meets with President Barack Obama at the White House. The meeting of the leaders of the world’s two largest economies is crucial for both countries, for Canada and for the world. China-U.S. relations are being buffeted by issues such as cybersecurity and the growing strategic rivalry between the established superpower and the rising power. Complex...
  • September 25, 2015  |  Author: Stewart Beck
    China’s response to its recent stock market crash has been described as fumbling or clumsy, with many in the Western media deriding Chinese policy-makers as inept and accusing them of completely losing control, making the market uninvestable. Some have gone even further, describing a country in the midst of a financial meltdown and reeling from an exodus of investment and export flows to Asia’s...
  • August 26, 2015  |  Author: Yves Tiberghien
    What is the significance of China’s surprise devaluation of the renminbi and the subsequent shockwaves across foreign exchange markets, stock markets and commodity markets. After a string of bad economic results at the weekend, China's central bank has devalued its currency, the yuan, by two per cent. Beijing says it's a move toward currency reform, but many simply see it as a way of protecting...
  • August 20, 2015  |  Author: Hugh Stephens
    Every year for more than a decade, the Vancouver-based Asia Pacific Foundation of Canada (APFC), has conducted its National Opinion Poll on the attitude of Canadians towards Asia. In 2014, the Foundation had to do some heavy soul-searching in the face of what appeared to be growing negative views about Asia and its importance to Canada, despite the country’s increasing trade and investment with...
  • August 5, 2015  |  Authors: Eva Busza, Heather Kincaide
    On July 17, Canada’s premiers released the Canadian Energy Strategy following the Council of the Federation meeting in St. John’s, Nfld. Among the many actions outlined in the strategy, the provinces and territories have committed to encouraging the development of energy technology that makes the production and use of energy cleaner and more efficient. While the types of domestic cooperation...
  • July 29, 2015  |  Author: Stewart Beck
    In his bestseller Moneyball: The Art of Winning an Unfair Game, author Michael Lewis quotes Bill James, arguably the key disruptor of traditional baseball thinking: “If you challenge conventional wisdom, you will find ways to do things much better than they are currently done.” Canada is at a pivot point with the Trans-Pacific Partnership, and we will be forced to challenge conventional wisdom...
  • June 25, 2015  |  Author: Hugh Stephens
    An interesting meeting took place in Toronto this month: ABAC came to town. While it barely registers on the radar of most Canadian businesses, the APEC (Asia-Pacific Economic Cooperation) Business Advisory Council is fast becoming one of the premier business councils in the Asia Pacific region. APEC itself is made up of 21 countries and represents 2.8 billion people, 57 per cent of the world's...
  • June 12, 2015  |  Author: Kasi Rao
    When Indian Prime Minister Narendra Modi touched down in Ottawa in mid-April, it represented a landmark moment in the Canada-India relationship. While past visits to Canada by Indian Prime Ministers have been multilateral in nature, like Dr. Manmohan Singh's visit in 2010 at the time of the G-20 meetings, PM Modi's bilateral visit was the first in over four decades and occurred within the first...

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