Friday, August 31, 2018

Bloomberg: Nafta Crunch Caps a Pretty Dreadful Week for Justin Trudeau - Ah, life is good - Bloomberg is like reading Pravda, but can gleen for info --tma




(Bloomberg) -- This has not been a good week for Justin Trudeau.
It began with a surprise U.S.-Mexico trade pact that excluded Canada from a Nafta rewrite, sending the prime minister’s negotiating team scrambling to strike a deal ahead of the Trump administration’s deadline. Then a key pipeline he spent billions to nationalize got sideswiped by a court decision, and the most important ally in his climate change plan abandoned him.
While the 46-year-old leader has had plenty of political stumbles during his first mandate, the events of the last few days are among the heaviest blows Trudeau has taken on core economic files. They come just as his Liberal government prepares to reset its parliamentary agenda going into an election year.
“The opposition are going to try and paint this as an example of incompetence,” said Robert Bothwell, a professor of Canadian history and international relations at the Munk School of Global Affairs at the University of Toronto.
Even before this week, Trudeau was having a rough go. The Group of Seven summit he hosted in June, meant to be a showcase of Canada’s global leadership, was blown up by Donald Trump ...