Global Growth and the Prospects for Canada’s Exports

October 2, 2013

The following is excerpted from a 1 October 2013 speech by Tiff Macklem, Senior Deputy Governor of the Bank of Canada.

Canada has thrived by being open to the world, and having the world open to us. Our citizens hail from, travel to, and work in countries across the globe. We participate in global governance, offer our assistance and expertise in disasters and conflict, and, most importantly for our prosperity, we are traders.

Historically, exports have been an important driver of Canada’s economic growth. Today, they account for about a third of our national income.

This is my topic today - exports. How is global demand likely to shape our export performance, and what should we be doing to take full advantage of an expanding world market?

This speech is available in its entirety at:
http://www.bankofcanada.ca/2013/10/publications/speeches/global-growth-and-prospects-canada-exports/

Topic(s)

International Trade and Border Management

Information source

Canadian News Channel

Disclaimer

The foregoing information is provided for informational purposes only and is not intended as, nor should it be considered, professional advice or a substitute for conducting your own thorough research and review. Before making any decisions or taking any action based on the information provided, you should conduct your own independent investigation and/or seek professional advice from a qualified expert in the relevant field. The CSCB disclaims all liability for actions taken or not taken based on the information provided.

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