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Gold/Mining/Energy : Oil Sands and Related Stocks
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To: tom pope who wrote (20700)5/11/2008 4:18:35 PM
From: Cogito Ergo Sum  Read Replies (1) of 25575
 
Canada being left behind in trade with U.S., Conference Board says
The Canadian Press
May 6, 2008 - 2:58 p.m.

OTTAWA - Canada's trade with the United States has stagnated since 2000 and the country "is being left behind, failing to take full advantage of the opportunities presented by global and regional supply chains, which poses a threat to Canadians' living standards," the Conference Board of Canada says.

Gains in trade with Asia, Europe and South America, largely caused by higher commodity prices, "have been insufficient to offset the plateau in the share of Canada-U.S. trade - both exports and imports - used as inputs into each other's production processes," the think-tank said in a report Tuesday.

"Canadians widely believe that we have become deeply integrated with the U.S. economy, based on a privileged position as America's most important trade partner," said Danielle Goldfarb of the Conference board's trade and investment centre.
canadianbusiness.com
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