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Canada’s Faltering Business Dynamism and Lagging Innovation
Canada displays many of the same symptoms of business malaise evident in European nations. Real GDP growth over the past decade was the slowest since the 1930s, productivity has stalled, and reduced competitiveness has hampered our ability to capitalize ...
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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 ...
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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 ...