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The biggest concern is that the U.S. isn’t doing enough to help the Canadian economy through its exports to Canada.
The United States imports a lot more products from Canada than the rest of the OECD countries combined (see table). That’s certainly why Canada is ranked sixth in the world.
With the economy growing in Canada, it’s time for our leadership to take more chances and take a stronger lead with our own exports to Canada.
Canada needs to do even more to be the export leader.
In addition, our leaders need to make more investments in the auto sector in the United States. This includes the Trans-Pacific Partnership and the Keystone Pipeline.
Finally, President Obama has a lot to do next year to encourage the United States to be the leading export nation for our export-led economy.
With new measures to ensure the smooth flow of Canadian goo스카이 파크 바카라ds, and with the new administration’s promise to take a stronger position on the North American Free Trade Agreement (NAFTA), Canadians now look forward to a stronger, more connected economy for years to come.
Josten is vice-president, research and economic affairs at the Canadian Manufacturers and Exporters, and a member of the Institute’s board.