Some Plain Talk About Canada’s International Trade

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Some Plain Talk About Canada’s International Trade

Canadian Economic Analysis Global Economic Analysis

Author: Anne Park Shannon

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Canada’s international trade has been bouncing back. Following a devastating collapse in 2009, trade numbers are again registering modest growth. Does this mean Canadians can breathe a collective sigh of trade relief? A hard look suggests not.

Some Plain Talk About Canada’s International Trade summarizes key trends in Canada’s international trade—what it looked like before the financial crisis struck, how it is emerging from the downturn, and the key global dynamics shaping its future. The briefing also underscores the need to recognize the ways in which Canada’s trade realities are changing.

It also calls on business and governments—federal, provincial, and municipal—to adopt much more deliberate strategies to re-energize trade and make Canada truly competitive in the international marketplace.

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This briefing summarizes key trends in Canada’s international trade, and it underscores the need to recognize the ways in which Canada’s trade realities are changing.

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