(Thomas Walkom – Toronto Star)
The mysterious East continues to beckon. Previous Canadian governments looked to trade deals with Japan and South Korea to massage this country’s economy. Now, Justin Trudeau is focusing on China.
On Thursday the prime minister announced Canada and China have formally agreed to open free trade talks. Many Canadians might be surprised to discover Canada doesn’t already have some kind of free trade agreement with China,
From electronics to kitchenware, it is hard to find anything for sale that is not made in China.
On the other side of the ledger, China already freely buys vast quantities of Canadian raw materials, such as wood pulp and oilseeds. In terms of both imports and exports, China is Canada’s number two trading partner. Click here to read more.