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Both chambers are in session this week. House and Senate Republican leaders will continue working on a compromise budget resolution that could reach the Senate floor later this week. The resolution will establish formal plans...more
Below is this week’s congressional update by BakerHostetler’s Federal Policy team. We’ll continue to post in weeks when both chambers of Congress are in session....more
The Canadian economy is confronting high global uncertainty and risk. A new U.S. administration will reshape economic policy and international relations in a period already characterized by a fragmentation of global trade and...more
The COVID-19 pandemic has triggered the most severe economic shock since the Great Depression. Despite massive intervention by central banks and governments, real output in the advanced economies likely fell in mere weeks by...more
This is a special edition of the twice-yearly Bennett Jones Economic Outlook. In it, as always, we review the global economic and trade context and the short-term outlook for global and Canadian growth. In addition, we...more
After a strong performance in 2017 and the first half of 2018, the global economy slowed markedly and is projected to grow at a more moderate but also more sustainable annual rate of 3.3% from 2019 to 2021. In Section I, we...more
Nissan’s Carlos Ghosn problems now extend to the United States, where the Securities and Exchange Commission has opened a probe into the accuracy of the company’s financial disclosures and internal controls....more
A quick spin through the Fed’s December minutes shows that most Fed officials are set on slowing their previously regular rate hike schedule, only reinforcing the message that Fed Chair Powell delivered last week that the...more