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Export Development Canada (EDC; French: Exportation et développement Canada) is Canada's export credit agency and a Crown corporation wholly owned by the Government of Canada. Its mandate is to support and develop trade between Canada and other countries, and help Canada's competitiveness in the international marketplace. [3]
Canada portal The following is a list of the top 20 exports of Canada . Data is for 2012, in millions of United States dollars , as reported by The Observatory of Economic Complexity .
In 2021, the role gained additional responsibility for economic development, being renamed Minister of International Trade, Export Promotion, Small Business and Economic Development. [3] In 2023, the role lost responsibility for small business to the Minister of Small Business , shifting to its current title as a result.
"25% U.S. tariffs along with proportional retaliatory tariffs would reduce Canada's exports and cause its GDP to fall 2.5% peak-to-trough by early-2026. Inflation would surge to 7.2% by mid-2025 ...
Canada is a founding member of the World Trade Organization (WTO) since 1 January 1995, having been an original GATT member since 1 January 1948.. The North American Free Trade Agreement (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free trade region in the world by GDP.
The top two markets for Canada's exports were its NAFTA partners, and by themselves accounted for 92 percent of exports by volume. Canada sent 83 percent of its steel exports to the United States in YTD 2019. The gap between domestic demand and domestic production increased to −2.4 million metric tons, up from −0.2 million metric tons in ...
The 20 largest trade partners of Canada represent 94.0% of Canada's exports, and 91.9% of Canada's imports as of December 2016. [4] These figures do not include services or foreign direct investment. The largest partners of Canada with their total trade (sum of imports and exports) in millions of Canadian Dollars for calendar year 2019 are as ...
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