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Size and proximity of U.S. economy—largest in the world—makes diversifying Canadian exports to other markets difficult

The Gravity Model and Efforts to Diversify the Markets for Canadian Exports;


VANCOUVER—Despite the federal government’s pledge to double exports to markets other than the United States by 2035 and reduce Canada’s dependence on trade with the U.S., doing so will be very difficult given the size, strength and close proximity of the U.S. market, finds a new essay released by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

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