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Canada's Trade Potential: A New Policy Agenda For International Maritime Growth.pdf

BCSN-June-2012-Anderson-Trade-Policy.pdf
Preview of Canada's Trade Potential: A New Policy Agenda for International Maritime Growth
🔗 Source: wavepointconsulting.ca
📊 Size: 1.17 MB
📄 Pages: 3 pages
⬇️ Downloads: 44

Summary

This article discusses Canada's evolving international trade policy since the 2011 Conservative government election, focusing on its potential impact on manufacturing supply chains and transportation infrastructure. Key points include:

- Changing Global Trade Landscape: The author highlights the shift away from the World Trade Organization (WTO) towards bilateral and plurilateral trade agreements, driven by countries seeking faster trade liberalization.

- Canadian Policy Shift: Canada's new government has embarked on an ambitious trade expansion plan, moving beyond its previous slow progress in WTO negotiations. This involves negotiating new preferential agreements with major partners like China and the European Union.

- Global Value Chains: Research from the OECD indicates a growing trend of global value chains where countries specialize in specific stages of production. Canada's position has shifted somewhat, with a decrease in import content of exports but still room for improvement in vertical specialization.

- Impact on Canadian Business: The article cites strong sales by Canadian manufacturers in diverse markets as evidence of their global competitiveness. It emphasizes the importance of new trade agreements to reinforce this trend and create more value-added opportunities.

- Stakeholder Interest: Port authorities, shippers, railways, and other transportation sectors have a vested interest in understanding the government's priorities and actions to support its trade agenda, which could significantly impact their operations and future growth.

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Description

Canada's economic growth and trade volumes depend on supportive international policies, promoting market access and reducing technical barriers, as demonstrated by initiatives like the Asia-Pacific Gateway. These efforts, coupled with improved transportation infrastructure, aim to enhance Canada's global connectivity in bulk and container shipping.

Technical Information

  • File Format: PDF
  • File Size: 1.17 MB
  • Pages: 3
  • Language: EN
  • Total Downloads: 44
  • Last Updated: 1 week ago

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