Riding the US market rebound

- April 14, 2016

The economic rebound in the United States offers major opportunities for Canadian manufacturers.

The US economy has expanded more rapidly than most others around the globe since the global financial crisis—and is projected to grow even if the world economy remains sluggish. This is good news for Canadian manufacturers, as exports to the United States rose to approximately US$218.3 billion in 2014—nearly reaching their pre-recession peak (Figure 1). The United States is Canada’s biggest trade partner, accounting for 79% of Canadian exports;1 only China and Mexico export more into the States.

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1. Canada Exports, Trading Economics.

 

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