see also witiger.com/internationalbusiness/CanadasTradingSquare.htm
| Canada's
State of Trade and Investment
see also witiger.com/internationalbusiness/CanadasTradingSquare.htm |
|
last
updated 2008 Dec 18
 |
This screen capture comes
from the Canadian government website for the Dept. of |Forfeign Affairs
|
| "State
of Trade and Investment"
2008 |
Although written in the context of a "political environment", the webpage lists facts about Canada's trade and investment picture - which is important for students of international business to know. However, as the whole planet knows, the last few months of 2008 have shaken the world economy in a serious way - which means that when you are reading this document, it is, in a sense "historical" and not necessarily an indication of how things will continued in 2009. |
 |
This screen capture comes
from the Canadian government website for the Canadian embassy in Washington
|
| Cdn
Embassy
Washington |
Again, written in the context of a "political environment", the webpage of the Canadian Embassy in Washington does provide some basic facts which explain the fundamentals of the Canada-USA trade and investment relationship |
"Canada's trade with the United States is equivalent to 53% of our GDP. The United States represents roughly 4/5 of Canada's exports and over 1/2 of our imports. Canada, in return, represents 22.2% of America's exports and 16.5% of its imports. To date, Canada is the number one foreign market for goods exports for 36 of the 50 states, and ranked in the top three for another 4 states. In fact, Canada is a larger market for U.S. goods than all 27 countries of the European Union combined, which has more than 15 times the population of Canada.
Canada and the U.S. have
also one of the world's largest investment relationships. The United States
is the largest foreign investor in Canada and the most popular destination
for Canadian investment. In 2006, U.S. direct investment in Canada was
worth more than $241 billion USD, while Canadian direct investment in the
United States was close to $197 billion USD, which makes Canada the 5th
largest investor in the U.S., accounting for 8.9% of all Foreign Direct
Investment (FDI) in that country."
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