With talk of tax reform in New Brunswick, a suggestion for a provincial carbon tax could hurt the province's competitiveness. AIMS Executive Vice President Charles Cirtwill explains that adding any tax needs to be carefully examined for impact.
Non-renewable resource revenues are boosting the economies of the once poor provinces of Saskatchewan and Newfoundland and Labrador. When journalist Richard Foot explored the pitfalls of that wealth, he turned to AIMS president Brian Lee Crowley to explain the curse and the antidote.
US farm subsidies have been a major bone of contention in previous rounds of trade talks. A move by the US to reduce subsidies could spur further reductions in trade barriers worldwide with positive implications for regions like Atlantica, which are well posed to handle increases in traffic.
Moves by China to collectively conclude this round of Doha trade talks could remove more of the exisiting trade barriers between East and West. A further increase in trade between the two is an opportunity for Atlantica becasue East Coast ports could pick up some of the increase through the Suez Canal.
The Doha round of trade talks have important implications for Atlantica since a breakthrough could unlock further increases in trade between North America and global markets at a time when other routes are at or near capacity. TBA - The Doha stalled - debate between developed and developing countries - key to unlocking further trade flows - has implications for Atlantica - well situated connecting the developed and developing world with North American markets. Most of the trade liberalization since WWII has been between developed countries and tariff reductions - this is an important round which would unlock trade flows ...
The recent cancellation of plans to increase taxes in Argentina on grain exports will make it easier for global buyers to purchase Argentine grains. Trade flows between Atlantica and Latin America are already growing and the region is well positioned to attract further increases in trade between the Americas.
The move by the EU to reduce farm tariffs could be an important move in sparking reciprocal tariff reductions in other sectors amongst other countries increasing trade flow worldwide. That could be good news for Atlantica if it captures the increase in trade between North America and global markets.