A rocky relationship with the United States has cast a shadow on
the otherwise bright picture of the Canadian economy.
Canadian's economic reliance on the US can't be
overstated.
This article originally appeared on
GlobalTradeMag.com.
The US is the number one purchaser of Canadian goods and
supplier of imports to Canada. When the Trump administration last
year notified Congress of its intent to reopen talks with Canada
and Mexico to renegotiate the North American Free Trade Agreement,
the move sent shivers throughout Canada.
Uncertainty about the future of NAFTA has raised concerns for
those interested in investing in Canada. Some foreign businesses
use Canada as a springboard for launching into the US.