NATO, Defense and Canadian Well-Being

This is an op-ed (14 February 2024) that explains how Canada’s poor record in meeting NATO defense expenditure obligations – and other commitments to its allies – weakens the country’s geopolitical influence and its ability to resolve economic, commercial and trade matters, ultimately impacting on the well-being of Canadians generally. It’s a call for changes… Read More »

Investor-State Dispute Settlement (ISDS) – Some Comments

The proliferation of bilateral international investment agreements (IIAs) globally, with their binding Investor-State Dispute Settlement (ISDS) provisions, means that investment arbitrations will be an ongoing feature of business relations in many parts of the world. Even if some countries are terminating their IIAs, investment arbitrations will continue, the challenge for governments being to respond to… Read More »

A Comment on the WTO’s Future – C.D. Howe Institute

The World Trade Organization is facing serious challenges. Its negotiating functions are paralyzed by disagreements among member governments. The dispute settlement process is dysfunctional as well. Institutional reform of the Organization is long overdue. Given these problems, what is the realistic future of the WTO? Here are some practical suggestions. The WTO & Some Future… Read More »

Green Subsidies & Trade Wars – Commentary

One of the serious shortcomings of the global trading order – as represented by the WTO & its multilateral rules-based system – is that it is based on a commercial world that no longer exists. The rules are not adequate to deal with modern trade challenges, particularly climate change & decarboniztion. This short piece suggests… Read More »

World of Trade in 2023

In January 2023, I wrote an opinion piece for the Globe and Mail (Toronto) about the coming year’s prospects for the multilateral trading system, giving all the problems confronting the WTO. The piece outlines, in brief fashion, some themes for the year to come. Globe and Mail – Challenges for Global Trade in 2023