As a relatively small, open economy, Canada benefits from trade and investment liberalization.
Areas of focus include:
Working closely with the United States and Mexico to strengthen North American competitiveness and security.
Enhancing Canada’s existing economic partnerships while seeking new opportunities to trade with emerging markets.
Supporting international institutions that contribute to global peace and prosperity.
The opportunity for Canada in Africa is enormous. To date, trade diversification discussions have often focused on the Asia-Pacific region given the well-documented rise of Asia’s middle class. While this region must continue to be a focus, Africa deserves attention given its large and under appreciated growth potential. Meeting Canada’s trade diversification target will simply not be possible without an Africa strategy
Louis Vachon explores the concept of “geo-economics” and how Canadian business leaders should respond to the emerging global landscape.