The Globe and Mail reports in its Saturday edition that Prime Minister Mark Carney's deal to reduce tariffs on Chinese-made electric vehicles in exchange for lowering tariffs on Canadian agricultural and seafood exports was welcomed by at least one economist. The Globe's Irene Galea writes that Bank of Nova Scotia head of capital markets economics Derek Holt said the deal will offer immediate, modest and concentrated economic benefits to Canada. Most of the nearly immediate benefits will flow through to the agricultural and seafood sectors, he said, and medium- and long-term benefits could include investment by China in sectors such as autos, energy and clean technology. "To be sure, there are risks aplenty. One is implementation risk on the long road ahead, to which we can only say time will tell," Mr. Holt said. As for U.S.-Canada relations, he said that Canada has no choice but to broaden its relations considering the "increasingly protectionist and isolationist" American stand. "If a main goal of U.S. isolationism was to thwart China's ambitions, then it's failing." Rotman School of Management's Dimitry Anastakis said the incoming EVs will likely have minimal impact on existing local production and sales, given that there is little overlap with the types of cars that are made here.