No trading relationship on the planet matches the Canada-United States partnership when it comes down to trust, wealth creation and compatibility.
The nature of the countries' integrated supply chains means that rising trade usually produces benefits and jobs on both sides of the border. That trade is politically appealing: The respective populations view each other as trusted fair dealers and free traders that play by the rules.
As trend spotters dwell on emerging markets far away, it is worth reminding that it takes only a tiny percentage climb in Canada-USA trade to produce huge economic and job growth. Indeed, the two countries depend on one another: More than eight million U.S. jobs depend on Canadian trade. Canadian companies employ more than half a million Americans. Further, these Canadian companies have invested in their closest neighbor's communities. Last year, even in the midst of the global recession, more than US$1.4bn in goods and services crossed the Canada-U.S. border each day.
Read Full Article
Enjoy curated articles directly to your inbox.