Canadian executives identify and rank top trade priorities for Canada – United States, European Union, China, Mexico and India.
The U.S. has always been Canada’s number one trading partner so it’s hardly surprising, then, that according to this quarter’s C-Suite survey [PDF 363 KB], executives are nearly unanimous in feeling that the US should be Canada’s top priority “when it comes to opening up two-way trade and investment.” The sentiment is perhaps bolstered by a prevailing sense of the US’ improving economic strength and perceived resurgent growth prospects, as well as proximity to Canada.
In terms of the economy overall, we see a pronounced lack of confidence, with a 20-point drop in the number of executives who expect Canada's economy to grow. Although growth expectation is relatively positive in Ontario, the outlook on the economy is quite pessimistic in Alberta and among resources/oil & gas companies.
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