The U.S. Fiscal Deficit Problem: Is Federal Debt Becoming a Structural Risk?

The U.S. Fiscal Deficit Problem: Is Federal Debt Becoming a Structural Risk?

The United States has carried elevated fiscal deficits for years, but the post-pandemic period has introduced a more complex challenge: large deficits are persisting even in a stable labor market and moderate-growth environment. What was once cyclical stimulus is increasingly structural imbalance.

Canada–China Strategic Partnership: Diversification Strategy or Strategic Gamble?

Canada–China Strategic Partnership: Diversification Strategy or Strategic Gamble?

Canada’s renewed push to strengthen economic ties with China signals a pragmatic shift in trade strategy. Facing rising geopolitical uncertainty and heavy export dependence on the United States, Ottawa appears to be pursuing diversification — expanding commercial engagement with Asia while maintaining its traditional Western alliances.