Economics
Trudeau Says U.S. Borrowing Is Unsustainable
- Canadian prime minister warns of danger of societal tensions
- He says successful firms don’t only focus on short-term profit
Canada's Trudeau Says No Nafta Is Better Than a Bad Deal
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U.S. government borrowing is not sustainable and divisive social policies will ultimately exacerbate tensions that will disrupt American business profitability, Canadian Prime Minister Justin Trudeau said.
Asked in an interview how his government will respond to competitiveness concerns spurred by U.S. tax cuts, Trudeau said Canada is focused on generating long-term economic growth and wouldn’t engage in a “race to the bottom.”