By Fraser Institute —— Bio and Archives--October 24, 2023
VANCOUVER—The federal government’s new Indo-Pacific trade strategy (IPS), meant to encourage increased Canadian exports to Indo-Pacific countries such as India and China through subsidies and other preferential treatments, unwisely shifts attention from Canada’s largest trading partner and key source of prosperity, finds a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.
“Despite many emerging markets in Asia, the United States remains Canada’s main market for exports, dwarfing all other markets,” said Steven Globerman, senior fellow at the Fraser Institute and author of Canada’s Indo-Pacific Trade Strategy and Trade Diversification.
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