Canada and Great Power Competition: Canada Among Nations 2021

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This edition of Canada Among Nations over the last year and projects forward into the year 2022. 2021 was a year of challenges for Canada and a watershed in its engagement with the global political economy. Beset by a pandemic, hemmed-in by an America-first administration in Washington and punitive recrimination from a Chinese government with global ambitions, the shrinking horizons of a foreign economic policy premised on liberal internationalism and multilateral institutionalism have sapped Canada’s global ambitions.

Author(s): David Carment, Laura Macdonald, Jeremy Paltiel
Series: Canada and International Affairs
Publisher: Palgrave Macmillan
Year: 2022

Language: English
Pages: 372
City: Cham

Acknowledgements
Contents
Notes on Contributors
List of Figures
List of Tables
Part I
1 Introduction—The Global Political Economy and the Great Power Challenge
The Rise of Great Power Rivalry—Implications for a Middle Power
Beyond Globalization and the Liberal International Order?
Contributions to This Volume
References
2 Locked in: Canadian Trade Policy and the Declining Liberal Order
Introduction: The Declining Liberal Order
CUSMA or NAFTA 2.0?
Discussion and Conclusion: Institutional and Ideational Lock in
References
3 Canada–U.S. Trade Relations in a Decarbonizing World: Competing and Complementary Visions for an Inclusive, Worker- and Climate-Centred North American Economy
From Convergent to Diverging Trade Visions
Supply Chain Resilience and Security
Buy America(n) Policies and Policy Space for Greening Government
Conclusion
References
4 Canada’s “Feminist” Trade Policy?
Introduction
A Feminist Approach to Global Trade
Overview of Canada’s Approach to Gender and Trade
Gender Chapters in Free Trade Agreements (FTAs): Canada-Chile and Canada-Israel
Gender-Based Impact Assessments: GBA+ 
Conclusion and Recommendations
References
5 Canada’s Changing Foreign Investment Regime in a Time of Global Crisis and Transition
Introduction
Canada’s Changing Investment Interests
Investor Protection
The Evolution of ISDS in NAFTA and FIPAs
NAFTA Redux and Second Thoughts
The New Model FIPA
COVID- 19, Economic Crisis and ISDS
Investment Screening in a World of Change: Canada’s Investment Regime and State-Owned Enterprises
Investment Screening Redefining National Security in the Context of US-China Relations and COVID-19
The Policy Triangle and Investment Regime Change: Canada-U.S., U.S.-China, and Canada-China
Conclusion
References
6 Canada and Global Financial Governance in a Troubled Global Order
Finance as a Leading Edge of Globalization’s Advances and Retreats and Canada’s Role
Canada’s Role as a Mediator and Builder of the Global Financial Institutions that Contribute to the Global Order
Digitization
Climate Finance
Conclusion
References
Part II
7 Disaster Risk Governance as a Guide to Canadian Policy Responses to a Global Health Emergency
Introduction
Why Disaster Risk Governance?
Canada’s Preparedness
International Coordination in a Global Health Emergency—Canada’s Role
The Role of Disaster Risk Governance in a Global Health Emergency
Institutional Reform
Normative Change
Fostering Resilience
More Equitable Distribution of Systemic Risks
References
8 Canada and the Global Knowledge Economy: Between Knowledge Feudalism and Digital Economic Nationalism
A Rising Tide That No Longer Lifts All Boats
Global Value Chains and the Rise of the Franchise Economy
Two Choices: Knowledge Feudalism, Digital Economic Nationalism
Understanding Canada’s National Interest
Canada and International IP: Flying Blind
Assessing Canada’s Response; Implications for Future Policy
Conclusion
References
9 Cultural Sovereignty in a Digital Age
The Cultural Exemption—The Early Days
The Evolving Landscape
Conclusion
References
10 What’s a Country Like Canada to Do? Addressing the Challenge of Global Climate Change
Introduction
Canada—An Energy Superpower?
Canada’s GHG Emissions
GHGs as Long-Lived Global Pollutants
Directions and Opportunities for Climate Policy Initiatives
Summary and Conclusion
References
Part III
11 Canada Amid the U.S.–China Trade War: What Happened to the Canada–China Free Trade Agreement?
Why Canadians Should Care
Wasted Time
Moment of Truth
Summary
References
12 How Canada Became Hostage to Growing Sino-American Rivalry in the Affair of  Meng Wanzhou and the “Two Michaels”
Introduction
The Trudeau Government Constrains Its Own Agency
Securitization of Sino-Canadian Relations
An Abortive Truce
Impact of the 2019 Election
Consequences of the Securitized Relationship: Alienation from Important Value Chains
References
13 Middle Power Foreign Policy in an Era of Gray Zone Conflict: Addressing the Challenges for Canada
Introduction
What is Gray Zone Conflict?
The Foundation of Great Power Strategy in Gray Zone Conflict
Defining Middle Powers in an Era of Gray Zone Conflicts
Canada’s Gray Zone Conflict in the Economic Domain
Canada’s Gray Zone Conflict in the Security Domain
Conclusion and Policy Implications
References
14 Canada in the World of Development Finance: No Middle Place in a Tight Space Sculpted by Infrastructure and Connectivity Projects
Introduction
New FinDev Brand
Canadian Vision: Making the World Middle Class
China: Poverty is not Inevitable
Africa Matters
The Game is Scale
East Africa
Conclusion: Canada Among Nations
References
15 Keep Your Friends Closer: Managing Economic Relations in the Canada-U.S.-China Triangle
Introduction
The Nature of the Current Problem: Defining the Importance of China in Trade Growth
Pressure from the U.S.
The Past: How Has Canada Managed This in the Past and What Can Be Learned
The Importance of Cuba
Beginnings of a Deliberate Response: The FEMA
The Other Shoe Dropping the Embargo
The Future: Responding to S.1260 United States Innovation and Competition Act of 2021
Conclusion: Mouse or Porcupine
References
Part IV
16 Conclusion: What’s Ahead for Canada? Challenges to the Liberal International Order and Great Power Rivalry
The North American Context and Canada’s “Inclusive Trade Agenda”
Rescuing Canadian Cultural, Environmental and Finance Objectives Amid Great Power Rivalry
Sino-American Rivalry and Implications for Canada
Rethinking the Middle Power Outlook: The View from Canada
Conclusion
References