Some Plain Talk About Canada’s International Trade

(Conference Board of Canada)

Some Plain Talk About Canada’s International Trade by Anne Park Shannon

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.

The Executive Action briefing builds on the recently published report entitled Re-Energizing Canada’s International Trade: Strategies for Post-Recession Success and 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.

The report can be downloaded from the GHY website here.