Canadian construction companies with affiliates in the U.S. might benefit from U.S. infrastructure spending.
trade with united states
The Trump administration has repeatedly promoted mercantilist industrial policy.
Breakthrough medicines take an average of 10 to 15 years of research and development—and $2.6 billion—before reaching market.
China still only represents five per cent of our exports.
The president slapped tariffs on Canadian steel and aluminum exports during USMCA negotiations.
Capital investment is a major source of labour productivity growth, particularly in Canada.
Companies might relocate production capacity from the U.S. to Canada to gain duty-free access to the Chinese domestic market.
Canada’s trade deficit with the world widened from C$6.4 billion in the first quarter of 2016 to a record C$10.7 billion.
China displaces Canada as largest U.S. trade partner (though China’s bragging rights may be short-lived)
Canada remains the United States’ largest export market accounting for almost 19 per cent of U.S. exports, while China accounts for only 7.4 per cent of total U.S. exports.