bush_cheney2004 Posted November 6, 2015 Report Share Posted November 6, 2015 As expected, and helped by lower oil prices, China is now the USA's top trading partner: China has overtaken Canada as the United States' largest trading partner, as the low price of oil eats into the value of Canadian energy exports. U.S. Commerce Department data show trade in goods with China hit $441.7 billion US in the nine months to September, up 3.7 per cent since last year. But Canada's trade with the U.S. was $438.1 billion for the same period, down 11.6 per cent from the previous year. http://www.cbc.ca/news/business/canada-us-trade-1.3307544 What impact will this have on the Canadian economy if it cannot diversify exports to other nations ? Will PM Trudeau reject the TPP given this trend ? Quote Link to comment Share on other sites More sharing options...
Topaz Posted November 7, 2015 Report Share Posted November 7, 2015 What this means is that the US is getting more of the toxins, that the China puts in their products that are exported out of the country. A US man, who lived in China for 10+ years stated that China put many of it toxins, which they create through manufacturing into products shipped out, watch the cancer rate go up in the US. Plus, China economy isn't that great right now, so don't count your chickens before they hatch. Quote Link to comment Share on other sites More sharing options...
bush_cheney2004 Posted November 7, 2015 Author Report Share Posted November 7, 2015 "Toxins" from China..."toxins" from Canada...makes no difference to me. China's auto sector is still growing...Canada's not so much. Quote Link to comment Share on other sites More sharing options...
Exegesisme Posted November 7, 2015 Report Share Posted November 7, 2015 What needs to do is to make a strong Canadian dollar. Quote Link to comment Share on other sites More sharing options...
Topaz Posted November 7, 2015 Report Share Posted November 7, 2015 Just a reminder, if Canada's economy get going and becomes strong, the interest rates will go up and many with mortgages and loans may be in big financial trouble, which would affect the economy depending on the number of Canadians in financial trouble. Quote Link to comment Share on other sites More sharing options...
GostHacked Posted November 10, 2015 Report Share Posted November 10, 2015 Just a reminder, if Canada's economy get going and becomes strong, the interest rates will go up and many with mortgages and loans may be in big financial trouble, which would affect the economy depending on the number of Canadians in financial trouble. That does not make sense. The economy would not be going anywhere by putting homeowners at risk of loosing everything. Quote Link to comment Share on other sites More sharing options...
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