It’s a pleasure to be here in Newfoundland and Labrador. I want to thank the St. John’s Board of Trade for the invitation to speak to you today. There is no better place to talk about trade than a community of exporters. The sea routes that begin and end in St. John’s have helped feed, supply and build Canada and the world. Port cities are attuned to global commerce. And until recently, the global economy had been recovering well from the hard years of the pandemic. Canada, a country that depends on foreign trade, was benefiting. At the end of 2024, inflation in Canada had been close to the 2% target for months. ... (full story)