Globalization and International Trade

The Strait of Hormuz: The World’s Newest Toll Highway

The Strait of Hormuz, crucial for global commerce, is transforming into a toll highway where ships are reportedly asked to pay “safe-passage” fees amidst heightened tensions in U.S.–Iran relations. These payments, likened to protection money, compromise the principle of freedom of navigation and may normalise coercive practices in international trade.

From Global Pledges to Local Action: Canada’s Environmental Path

Global climate summits result in ambitious commitments but often fail to achieve significant domestic progress. Effective environmental policies hinge on robust domestic legislation that fosters accountability and guides investment. In the water and energy sectors, the challenge is less about generating clean energy and is now shifting to sustainability of water sources, and the challenges…

Canadian Strategies to Address US Tariff Uncertainty

Recent U.S. tariff moves have created alarm — but the practical effect is more nuanced than headlines suggest. The combined impact of the USMCA (United States–Mexico–Canada Agreement) and exemptions for energy means the vast majority of Canadian exports remain outside the bite of the newest U.S. duties. Independent reporting shows that roughly 90–95% of Canada’s…

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