Tradelines News

Get the latest news and updates on cross-border customs and international trade.

Trump’s New Tax Plan Will Make Canada’s Life Even More Difficult than Lumber and Dairy Scraps

Posted April 27, 2017

Under Economic Issues, International Trade Issues


(Kevin Libin – Financial Post)

Sure President Donald Trump’s first 100 days have been rocky. But Prime Minister Justin Trudeau’s next 100 days in office could be far worse. After Trump was elected, the Liberals understandably took a wait-and-see approach before worrying too much about what he would do on trade and on taxes, even as the warning signs around them flashed ever brighter. Having waited, they can now clearly see the business end of Trump’s bulldozer, ready to run roughshod over our trade relationships and competitiveness. [...]

As our G7 competitors have trimmed away at corporate tax rates, Canada’s average rates only grew, moving us from one of the most attractive to one of the least attractive in just a few years. Trump’s tax plan will make us look much, much worse. Click here to read more.