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1. Memo for President Trump—Canada runs a trade deficit with the U.S.

   President Donald Trump issued a bizarre pronouncement this week—that Canada engages in smooth diplomatic trickery when it comes to trade relations with the United States. At a meeting with U.S. governors at the White House, the president ...

2. Despite protectionist sentiment in the U.S. and Europe, trade remains vital to Canada’s economy

   Appeared in the Financial Post, October 20, 2016 Protectionist forces are clearly on the rise in many parts of the world. Britain’s vote to exit the EU and Donald Trump’s vow to renegotiate trade deals such as the North American Free Trade Agreement ...

3. The Importance of International Trade to the Canadian Economy: An Overview

   In 2015, exports accounted for 31.5% of GDP, up from 25% before Canada signed a series of free trade agreements starting in 1988. Exports were 36% of GDP before the global recession began in 2008. Value-added exports, which subtract the imports embedded ...