Where and What: Shifting Canadian Goods Exports | Metals Mine

  • Where and What: Shifting Canadian Goods Exports

    From economics.td.com Story is in PDF Format

    Canada’s export patterns have evolved amid efforts to diversify trade partners. Despite the decline in flows to the U.S., CUSMA continues to cover most U.S.-bound goods exports, providing duty free access. Meanwhile, product categories covered by industry-specific Section 232 tariffs, like steel and aluminium, are feeling the strain with significantly decreased flows. Looking beyond the U.S., we’ve seen a heavy rotation towards commodities and precious metals. The changing composition of exports has benefitted commodity producing provinces, adding a regional element to the trade outlook. Through November, ... (full story)

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