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Canadian Trade Presentation

Jorge Silva

on 19 May 2011

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Transcript of Canada

CANADA Population: 33,487,208 Area: 9,984,670 sq km The True North, Strong and Free Canada's GDP is worth 1,400 billion dollars or 2.26% of the world economy, according to the World Bank. Canada’s economy has been leading the G7 industrialized countries in GDP growth.
Canada excels in multiple sectors. As one of the world’s most competitive investment locations—with regional clusters of industrial excellence and indispensable connections to global value chains—Canada has clear advantages for the sophisticated investor seeking new opportunities. Canada has created a unique business environment that allows companies to grow on the world stage. Canada is hosting the G8 leaders meeting in Muskoka, Ontario in June 2010.
Canada will also host the next G20 Summit in June 2010, and Prime Minister Harper has offered to co-chair that summit with the President of the Republic of Korea, who will host the subsequent G20 meeting in November of next year National Interests Importance of Beef Trade As a result of the restructuring that has occurred in the Canada/USA market, trade has increased substantially in both directions, with Canada developing a strong trade surplus in cattle and beef. The growth of trade now means that approximately 50% of our production (cattle and beef) is exported, with 76% of beef exports going to the United States. Canadian beef exports were 37% of domestic production in 2008 (excluding live cattle exports). CANADIAN BEEF: Delicious, healthy, nutritious, wholesome, and a unique eating experience. Softwood Lumber Canada enjoys a substantial trade surplus with the US, which absorbs nearly 80% of Canadian exports each year. Canada is the US's largest foreign supplier of energy, including oil, gas, uranium, and electric power. Softwood lumber is one of Canada's largest exports to the United States, with 21.5 billion board feet of lumber shipped in 2005 alone. These exports were worth $8.5 billion and they continue to comprise an important element of the largest trading relationship in the world. Canada's softwood lumber industry does not operate at the expense of our environment. In fact, a study by Auburn University in Alabama ranked our forestry practices at a higher level for environmental protection than the United States. Canada only harvests one half of one percent of our commercial forests each year. We grow twice as much as is harvested. Almost one half of Canada's forests will never be harvested. 2006 Softwood Lumber Agreement
On September 12, 2006, Canadian International Trade Minister David Emerson along with U.S counterpart Susan Schwab officially signed the deal in Ottawa. "one-sided" and a "bad deal for Canada" -Elliott Feldman Wheat The Canadian Wheat Board is the World’s
Largest Wheat, Barley and Durum Seller The CWB's position is that western Canadian farmers should be the ones to decide the marketing structure for their wheat, durum and barley, not their competitors. The main instigators of pressure on CWB at the WTO are the United States and Europe.
If a final deal is reached, the WTO negotiations have serious implications for the grain farmers of Western Canada. The December 2008 text would eliminate: Federal government guarantees of CWB payments to farmers
Federal government guarantees on CWB borrowings
Canadian farmers' right to choose the marketing system for their wheat, durum and barley The CWB’s Impact on Canada and Western Canada
Not surprisingly, given its continental scale of operations and global marketing reach, the CWB has a huge impact on the economies of Canada and western Canada that include: A $1.6 billion Annual Gross Output1 Impact on Canada’s economy
A $852 million Annual Gross Provincial Income Impact
14,699 jobs in Canada
More than $500 million in annual wages and salaries
More than $360 million annually in government revenues across Canada Oil Sands Economic Impacts of the Oil Sands A new economic study projects that oil sands investment will generate $1.7 trillion in economic activity and at least $306 billion in federal and provincial tax and royalty revenues across Canada over the next 25 years. The report by the Canadian Energy Research Institute projects that more than 456,000 jobs in Canada will be directly or indirectly linked to the construction and operation of oil sands facilities. Government regulations
Oil sands development is controlled by strict, government-approved environmental standards that are among the most comprehensive in the world. All projects must be approved, and environmental assessments must be completed before every project. The environmental assessment process includes a comprehensive cumulative effects assessment, stakeholder review and input, a regulatory review and public hearings. We will not reduce or relax these strict regulations! Canada’s Northern Strategy The importance of the Arctic and Canada’s interest in the region has never been greater. This is why our government has launched an ambitious Northern Strategy. We have a timeless responsibility, echoed by our national anthem, to keep the “True North strong and free.” The government’s Northern Strategy lays out four areas where we are taking action to protect Canada’s interests both domestically and internationally. These actions are based on our rights and responsibilities as an Arctic nation and as an Arctic power. Canada’s Northern Strategy rests on four pillars:
1. Exercising our sovereignty;
2. Promoting economic and social development;
3. Protecting our environmental heritage; and
4. Improving and devolving governance. “Make no mistake, however: when an issue of national importance is raised at the Arctic Council, our government does, and always will, stand up for our interests and ownership over the Arctic. This is why we react so strongly when other nations, like Russia, engage in exercises and other activities that appear to challenge our security in the North and undermine the cooperative relationships that we have built.” Minister Peter Van Loan with his counterpart, U.S. Trade Representative Ron Kirk, prior to their April 22, 2010, meeting in Washington, D.C. Canada's major trading partners are:
United States, European Union, China, Japan, and Mexico By Jorge Silva Negotiations: China:
Opening the market for lumber
Canada will not increase the actual SPS Measures India:
Disscussions toward a comprehensive Economic Partnership Agreement
Zero Tariff Agreement Brazil:
Ethanol FDI & Openness
Zero Trariff Agreement EU:
Geographical Indicatiors Agreement
Zero Tariff Agreement US:
Further talks on Softwood Lumber Agreement
Zero Tariff Agreement
Full transcript