Presentation on theme: "The Canada-U.S Economic Relationship Study Canada Summer Institute, 2010 Dr. Paul A. Storer Americas Unhappy Borders The Economist, 8/27/05 Peace Arch."— Presentation transcript:
The Canada-U.S Economic Relationship Study Canada Summer Institute, 2010 Dr. Paul A. Storer Americas Unhappy Borders The Economist, 8/27/05 Peace Arch Crossing State Department Photo
Outline of Talk Canada-U.S. Interdpendence: - National and Regional Trade Lessons from Canada: - Environment - Health Care - Banking System - Inequality and Social Programs - Costs and Benefits of Trade
Source: http://www.canadainternational.gc.ca/washington / Canadas Rank for States Exports of Goods
Canada-U.S. Integration 36 states have Canada as their largest export market. More than 40% of Canada-U.S. trade is within-firm trade. Clusters (eg autos) matter. Strong growth of intra-industry trade.
Source: Hart, M. A Trading Nation Canada- U.S. Free Trade: A Break with History
Free Trade Agreements Canada-U.S. 1989, add Mexico in 1994. Both countries have signed other agreements (U.S. more active lately) NAFTA is much less ambitious than the EMU: no labor mobility, customs union, or common currency.
The Tariff Wall Greedy American Wolves Happy Canadian Farmers And Manufacturers Sir John A. Macdonald
DHS Secretary Napolitano: Hope and Change? View #1: the myth Im trying to bust is that theres no real border between Canada and the United States View #2: We dont want to damage economic security in the name of homeland security. Source: Globe and Mail
U.S. – Canada Softwood Lumber Agreement 2006 January 2007