Canada, as the old Robin Williams joke goes…"is like a really huge loft apartment above a really great party.” Americans tend to think of Canada as a punch line…or the mystical country where healthcare is free and Justin Bieber came from.
With the focus on Europe’s economic woes and China’s clout, it’s easy to overlook that our nation’s largest geographic border, Canada, is also our largest trading partner. Although, it works well most of the time, there are some tensions, like over duty-free status, controversial energy projects, and imbalances in tourism traffic. We’ll look at how these issues affect the bottom dollar in both countries.
Prolonged protests over student tuition hikes came to a head late last month in Quebec, when more than 500 demonstrators were arrested in a single night. Protestors have twice paralyzed Montreal’s subway system, and vandalized buildings. US coverage of the quebec protests has been scant.