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U.S. Demand Will Fuel Canadian Export Growth in 2015, Says EDC

Posted April 23, 2015

Under Economic Issues, International Trade Issues

(Canadian Press)

A new report from Export Development Canada (EDC) suggests there is no time like the present for Canadian firms to export their goods to the United States.

The agency’s latest global export forecast predicts industrial capacity constraints within the U.S. will be a key driver of global economic growth over the next two years.

A higher U.S. dollar is also making foreign investments and imports more attractive.

The EDC says those factors are creating a “huge opportunity for Canadian companies to meet the U.S. economy’s need for goods, services, and production capacity.” Click here to read more.