KeatsConnelly Cross-Border Weekly Best of the Web 2015-12-04

web-search-greyEvery week we share news stories, blog articles and other interesting stuff from around the web that received the most views, shares, comments and overall interest on various KeatsConnelly social media outlets.

This week’s articles jump all around the cross-border spectrum. The first piece looks at the impact Canada has on the US economy. The second provide an interesting story on deciding to become a Canadian resident, and the final piece offers thoughts on potential impact of Canada’s possible tax changes.

Canada’s effect on the U.S. economy might be bigger than you think (www.canadianbusiness.com) – China may now be the largest trading partner of the United States, but Canada still has a bigger influence on economic growth in the world’s largest economy. It was a tough autumn for the Canadian psyche. Global oil prices plateaued around $45 (US) a barrel, crushing the dream of becoming an energy superpower. Canada lost its status as one of the fastest-growing members of the Group of Seven nations; according to the October update of the International Monetary Fund, we now are No. 5, ahead of only Italy and Japan. And then last month, the U.S. Commerce Department released trade data for September. Those figures showed that America and China swapped goods worth $441.6 billion (US) in the first nine months of the year, compared with $438.1 billion between the U.S. and Canada…

Why it took on American expat 30 years to become a Canadian (www.theglobeandmail.com) – I was the sort of kid who, having dropped an American flag or even let it touch the ground, would ceremoniously kiss it. I’m not sure who told me to do this but it felt important. After all, we pledged allegiance to that flag and the republic it stands for – “one nation under God, indivisible … ” This was in Philadelphia, my hometown, and it doesn’t get much more American than that. Independence Hall, the Liberty Bell: We had the revolutionary landmarks and the cobblestone streets, but it wasn’t all dead history. Take nearby Valley Forge, where George Washington’s men spent a miserable winter – but also where, it turned out, a teenaged boy with a newly minted driver’s licence could bring a winsome girl and roll around in the spring grass. I was an American kid, that’s what I’m saying. And maybe that’s why I felt oddly disoriented when, at a cheerful ceremony earlier this month – along with 94 other people from 25 countries, with a spoken oath and a hearty round of O Canada – I became a Canadian citizen…

How most Canadians will be left out in the cold by Trudeau’s proposed tax cut (www.financialpost.com) – Canadians are about two weeks away from finding out which of Prime Minister Justin Trudeau’s election promises will come to fruition first and when, as Parliament is scheduled to resume on Dec. 3. A tax bill is expected to be introduced shortly thereafter. It’s likely that the government’s first priority will be to cut the middle income tax bracket, which affects Canadians with taxable annual income between $44,701 and $89,401, to 20.5 per cent from 22 per cent.But just how many Canadians will benefit from the middle-income tax cut…

Come back in next week for more interesting news and articles. Enjoy your weekend!

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