Livio Di Matteo
The USMCA first promotes the economic and trade interests of the US within North America.
The federal government must act quickly on three fronts if it is to head off economic disaster.
We must make a major concession like phasing out our farm supply management to protect the auto sector.
Compared to going into the 2009 global recession, it’s in much worse shape.
It can’t compete with a restructured and more efficient US.
It’s now the largest federal total transfer recipient in Canada.
Recession or higher interest rates could push its finances over the edge.