The centrist Liberal Party maintained its momentum and swept to power with 184 seats, 14 more than needed to gain an outright majority government. There are three defining issues in the U.S.-Canada relationship, and it is not likely that there will be big changes overnight as a result of the election.The centrist Liberal Party maintained its momentum into the last weekend of the campaign and swept to power with 184 seats, 14 more than needed to gain an outright majority government. Justin Trudeau, the 43-year old son of former Prime Minister Pierre Trudeau, will be the new prime minister and second-youngest in Canadian history to hold that office. The youngest was Joe Clark who replaced Trudeau’s father in 1979 at age 40. The younger Trudea...
Weighing in on strategic realignment
WPI’s team was retained by the governing board of a U.S. industry organization to review a decision, reached by vote, to invest significant assets into the development and management of an export trading company. WPI’s team conducted a formal review of this decision and concluded that the current level of market saturation would limit the benefits of the investment. Based on WPI’s analysis and recommended actions, the board subsequently reversed its decision and undertook a strategic planning effort to identify more impactful investments. On behalf of numerous clients, WPI has not only assisted in identifying strategic paths but also advised their implementation.
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Consumer spending is a key driver of the U.S. economy, and the latest retail sales data indicate that spending remains robust despite inflation. In September, total retail and food service sales rose more than 6 percent year-over-year, with food service spending up 7 percent and...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...