Executive Summary
Canada stands out as a trade-dependent country. Thus, it finds its prosperity quite tied towards international commerce. The statement above means that import and export trade constitutes over half the GDP of Canada. For quite some long time in the history of Canada’s international trade, the United States has been the leading destination of Canada’s export merchandise. However, the high Canadian dollar, the Asian economies competition, as well as the thickening of the border have greatly decreased Canada’s trade with the United States. In light of the above, it has become clear that Canada must diversify in ...