Canada Exports

These Canadian Industries Are Winning the Trade Game

Peter Hall | Posted 02.20.2015 | Canada Business
Peter Hall

How is Canada faring in our industrial diversification? Progress on trade diversification over the past 15 years is likely one of the most remarkable developments in Canadian economic history. A strong dependence on traditional markets was only enhanced by the Canada-US FTA, which saw exports to the US soar to over 85 per cent of the total. But a big shift began in the New Millennium.

The Many Consequences of a Falling Loonie

Salman Sakir | Posted 02.10.2015 | Canada Business
Salman Sakir

The Canadian dollar has been declining against the U.S. dollar for the last several months. The depreciation of the Canadian dollar has corresponded with the fall in oil price. Overall, the depreciating Canadian dollar would have different effects on various sectors of the economy.

What Canada's Export Numbers Tell Us About Global Demand

Peter Hall | Posted 06.09.2014 | Canada
Peter Hall

Last week's merchandise trade figures were pretty impressive, all things considered. Weather has wracked a lot of January and February indicators, but...

Get Set for the Next Round of Rate Tightening

Peter Hall | Posted 04.28.2014 | Canada Business
Peter Hall

After three-and-a-half years of ho-hum on this front, there is renewed interest in interest rates: where they are going, how fast, and what we need to do to be prepared, if change is indeed in the wind. A lot of the talk is related to another 'up' that scares us: inflation. Talk of rising interest rates is very good news, since it strongly suggests higher confidence in near-future growth.

Canada's Small Businesses Are Taking on the Big World

Peter Hall | Posted 02.12.2014 | Canada Business
Peter Hall

Exporting. Globalization. Diversification. These are big terms, and we usually associate them with big business. This overlooks one key fact: that all businesses start off as small affairs, and the same is generally true for export ventures. So, how are Canada's small exporters doing?

Canada Sends Bovine Semen Where?!

The Huffington Post Canada | Mohamed Omar | Posted 09.30.2013 | Canada Business

What do bed sheets, binoculars and bovine semen have in common? Besides having vastly different uses (we hope), they cost and score Canada millions...

Export Growth Predictions: See How Canada's Provinces Stack Up

Peter Hall | Posted 07.16.2013 | Canada Business
Peter Hall

International trade will be a key growth driver for the Canadian economy this year and next. However, the distribution of export growth in Canada's provinces is anything but even. Some are leading the charge, while others are steady at the national pace. Others are lagging behind, some quite seriously. What are the key factors influencing the different growth patterns?

Amid the Gloom of the Economy, There's a Silver Lining

Peter Hall | Posted 06.25.2013 | Canada Business
Peter Hall

Jitters about the economy's near-term future shroud the planet. The latest data aren't helping. But quietly, amid the gloom, there's a different story. Lending activity is beginning to improve.

Province Exports Reach Record Level

CP | The Canadian Press | Posted 06.17.2013 | Canada Alberta

REGINA - Exports of Saskatchewan-made products have hit record levels to push the province into fourth place when it comes to shipping goods out of th...

Bad News On The Trade Front

CP | The Canadian Press | Posted 06.05.2013 | Canada Business

OTTAWA - Canada's merchandise trade deficit widened to $1 billion in February, disappointing markets and economists who had been anticipating better e...

Fast Facts on Trade in 2012

Peter Hall | Posted 05.01.2013 | Canada Business
Peter Hall

Normally, this column is forward-looking, but occasionally, it pays to reflect on recent events. Annual merchandise trade data for 2012 are hot off th...

Is the Loonie Really Losing it?

Peter Hall | Posted 04.23.2013 | Canada Business
Peter Hall

Stable is not a word that can be used to describe much in today's economy. A notable exception is the Canadian dollar. The loonie has soared in a reasonably tight range around parity with the U.S. dollar for 3 years now. Although exporters would prefer a lower level, the stability has made activity and cash flows somewhat more predictable. Now, the loonie is losing some loft; what's happening?

How Mexico's Economy Survived the Slump

Peter Hall | Posted 03.24.2013 | Canada Business
Peter Hall

Few economies escaped the global slowdown in the summer of 2012. Mexico was a rare and notable exception. While marked deterioration in China, India and Brazil grabbed the headlines, Mexico quietly hummed along, generating remarkably smooth growth.

Grab Your Goggles, We're Swimming in Oil

Peter Hall | Posted 02.19.2013 | Canada Business
Peter Hall

Surprise of the year: World oil production is rising more than was forecast. A shock? No, that's what happens when prices spike. What is surprising is that it's occurring right in our backyard -- in the good ol' USA. The bottom line? How quickly we have gone from running out of oil to being awash in the stuff. Maybe the surprise is that we are surprised that history is merely repeating itself!

What's Up and Down With Canadian Exports

Peter Hall | Posted 02.11.2013 | Canada Business
Peter Hall

Canadian exports rose by 1.0 per cent in October led by a stunning increase in agricultural exports. The combination of this year's bumper harvest with high global food prices was expected to yield significant gains, but many analysts were surprised by the extent of the rise in international sales.

What's Softening Our Economy? Where To Begin...

CP | Julian Beltrame, The Canadian Press | Posted 11.18.2012 | Canada Business

OTTAWA - Canada's economy has entered a "soft patch" amid a sharp slowdown in home construction and sales, poor exports and weak job creation, the TD ...

What's Going On With Canadian Manufacturing?

CP | The Canadian Press | Posted 11.14.2012 | Canada Business

OTTAWA - Statistics Canada says manufacturing sales fell 1.5 per cent to $48.3 billion in July, the third decrease in five months.It says declines in ...

Canada Trade Deficit At All-Time High

The Huffington Post Canada | Daniel Tencer | Posted 09.11.2012 | Canada Business

Canada’s trade deficit with the rest of the world rose to an all-time record high in July, Statistics Canada data shows. Canada bought $2.3 billi...

Canada's Trade Deficit Doubles

CP | Julian Beltrame, The Canadian Press | Posted 10.09.2012 | Canada Business

OTTAWA - Canada's trade performance with the rest of the world worsened for the third consecutive month in June, providing fresh evidence of the globa...

Canada Falls Back Into Trade Deficit

CP | The Canadian Press | Posted 08.08.2012 | Canada Business

OTTAWA - Statistics Canada says the country suffered a $367 million trade deficit with the rest of the world in April.It was the first deficit in six ...

Flaherty To Mulcair: You Don't Understand Canada's Economy

CP | Maria Babbage, The Canadian Press | Posted 07.11.2012 | Canada Business

TORONTO - NDP Leader Thomas Mulcair has it wrong when it comes to the oilsands, Finance Minister Jim Flaherty said Friday.Mulcair told a CBC radio pro...

Daniel Tencer

Canada's Industrial Jobs Disappearing Twice As Fast As U.S.'s: Report | Daniel Tencer | Posted 01.14.2012 | Canada Business

Canada lost industrial plants at twice the pace of the United States last year, a new report says. Industrial Info Resources, a business intelligen...

Carney Warns Good Times Will Be Fleeting

CP | Ross Marowits, The Canadian Press | Posted 01.23.2012 | Canada Business

MONTREAL - Bank of Canada governor Mark Carney says growing access to capital should make Canadian businesses confident to invest, despite the financi...

Canada's Manufacturing Sales Up In September, But Half Of Industries Stagnating: StatsCan

CP | The Canadian Press | Posted 01.15.2012 | Canada Business

OTTAWA - A big jump in oil and coal sales helped to boost Canadian manufacturing sales in September, hinting that economic growth could have edged sli...

Are We Selling To Aliens? World Economy Runs $331 Billion Trade Surplus

The Huffington Post Canada | Daniel Tencer | Posted 01.11.2012 | Canada Business

According to numbers compiled by The Economist, the global economy exported $331 billion more than it imported in 2010. There are only two possible...