International trade is a crucial driver of Canada’s economy and as a small open economy, Canada has long recognized the importance of sound international rules and institutions. Canada has long supported and benefited from the GATT, the WTO and agreements such as NAFTA. However, the world has changed dramatically since progress was made at the WTO and since NAFTA was ratified. Moreover, globalization is facing strong headwinds and several countries are experiencing strong protectionist pressures. Leaders advocating mercantilist trade policies, notably the United States, lead some governments. Other countries, such as China, are pursuing large-scale industrial policies with strong protectionist elements in order to create national champions. In certain sectors of the global economy, few global firms are becoming ever larger and dominant, threatening competition. At the same time, new technologies such as digitization, automation and artificial intelligence are developing rapidly and in ways that will change how economic production and exchange will take place in the future, potentially distorting economic policies in areas such as trade, taxation, competition and regulation.
What should Canada do in this context?
Please join The School of Public Policy, the Centre for International Governance Innovation and the CN-Paul M. Tellier Chair on Business and Public Policy at the University of Ottawa for a must-attend symposium for anyone who depends on trade or is interested in the future of the economy.
All are welcome to share this invitation with colleagues who may be interested in attending.
For more information, please contact [email protected].
Meredith Lilly is a senior fellow with CIGI’s Global Security & Politics Program, effective February 2017. At CIGI, Meredith’s research is focused on trade policy, Canada-US relations and international security issues.
Patricia Goff is a CIGI Senior Fellow. She is also an associate professor of political science at Wilfrid Laurier University and the Balsillie School of International Affairs. She specializes in international political economy, with a particular interest in trade, intellectual property, and the cultural capacity of international organizations. At CIGI, Patricia’s research will focus on global, plurilateral and regional trade arrangements.
Patrick Leblond is a CIGI senior fellow with the Global Economy Program. He is an expert in global economic governance and international political economy, regional economic integration, financial regulation, and business and public policy. At CIGI, Patrick specializes in the investigation of international trade in the areas of the Canada-European Union Comprehensive Economic and Trade Agreement and the Transatlantic Trade and Investment Partnership.
Susan Ariel Aaronson is a senior fellow with the Global Economy Program. She is an expert in international trade, digital trade, corruption and good governance, and human rights. As part of her work for CIGI, Susan is currently developing a digital trade and digital protectionism strategy for Canada. She is also co-authoring a paper with Senior Fellow Patrick Leblond about China’s efforts to be a leader in the digital trade sphere.