P.E.I. throne speech focuses on strengthening economy in face of U.S. tariff threats
- P.E.I.'s Progressive Conservative government delivered a throne speech focused on the economic uncertainty caused by U.S. Tariff threats.
- Premier Rob Lantz says the U.S. Is threatening Canadian sovereignty and wreaking havoc on the economy, but Islanders will band together.
- The government is working to reduce internal trade barriers and remove tolls for the Confederation Bridge and Wood Islands ferry.
27 Articles
27 Articles
Tariff threats deteriorate expectations in the US economy
If you look at the U.S. economy from a perspective based on “hard” indicators – those that reflect what is actually happening in economic activity – the picture looks solid. In the last quarter of 2024, GDP grew at an annualized rate of 2.3 percent, surpassing its potential level. The unemployment rate in February was 4.1 percent, which is considered full employment or the level of natural equilibrium of the labor market. In February, industrial…
Three big shocks facing the global economy - Zanny Minton Beddoes
According to The Economist editor-in-chief Zanny Minton Beddoes, 2025 is shaping to be a historic turning point defined by three massive global shocks. “Each of which is big enough for our grandchildren to have a chapter in their history books,” she warns on GZERO World with Ian Bremmer. The first is geopolitical: the United States, once the architect of the global alliance system, is now actively challenging—and possibly undermining—it. The sec…
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