Impact on Canada/U.S. trade relationships. oct/2005.
Date Submitted: 09/10/2006 02:50:31
Almost every speech delivered by Canadian officials south of the border includes a boast about "the world's largest trading relationship." (Savage, 2005, pg. 29), but now that "Canada can no longer call itself the world's No. 1 seller of goods to the United States"(Scoffield, 2005, p.1) does this make Canada's economy at risk? Some state it will and other state that it will not.
Economists have know for the longest time that this would happen as stated, "China
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is in, with its lower import volumes. This can only be seen as an improvement, but hopefully in the near future the article will be titled 'China beats out the United States as top exporter to Canada'.
References:
Savage, Luiza Ch (2005, August 15). The giant is gaining. Maclean's. Toronto:
Vol.118, Iss. 33; pg. 29, 1 pgs
Scoffield, Heather (2005, September 15). China beats out Canada as top exporter to U.S.
Globe and Mail. Retrieved October 25, 2005, from http://www.globeandmail.com
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