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WTO Trade Policy Review of CanadaMarch 21 & 23, 2007Geneva, Switzerland: 

WTO Trade Policy Review of Canada March 21 & 23, 2007 Geneva, Switzerland

Canadian growth has been resilient, but has been slowing of late …: 

Canadian growth has been resilient, but has been slowing of late …

… but with little effect on job creation: 

… but with little effect on job creation

Fiscal policy has been a story of surpluses and debt reduction …: 

Fiscal policy has been a story of surpluses and debt reduction …

… with intent to further improve the books: 

… with intent to further improve the books

The Canadian dollar has been strong relative to other currencies …: 

The Canadian dollar has been strong relative to other currencies …

… and may have contributed towards a falling share of trade in economic activity: 

… and may have contributed towards a falling share of trade in economic activity

Overall, the current account improved in 2005: 

Overall, the current account improved in 2005

The goods surplus has rebounded while the services deficit has expanded: 

The goods surplus has rebounded while the services deficit has expanded

Energy products led goods exports …: 

Energy products led goods exports …

… while imports were up across-the-board: 

… while imports were up across-the-board

Services exports have expanded at a slower pace …: 

Services exports have expanded at a slower pace …

… while services imports are up.: 

… while services imports are up.

The importance of the U.S. for Canadian exports has been falling, as well as for imports: 

The importance of the U.S. for Canadian exports has been falling, as well as for imports

Notwithstanding, trade with the U.S. averages almost $2 billion a day: 

Notwithstanding, trade with the U.S. averages almost $2 billion a day

Imports from LDCs have increased following the 2003 Kananaskis LDC market access initiative : 

Imports from LDCs have increased following the 2003 Kananaskis LDC market access initiative

Canada is a net exporter of capital: 

Canada is a net exporter of capital

Slide18: 

Tax Advantage Fiscal Advantage Entrepreneurial Advantage Knowledge Advantage Infrastructure Advantage

Slide19: 

Advantage Canada, the government’s economic plan, committed to developing a “comprehensive Global Commerce Strategy.” The Doha Round remains our top trade policy priority. The Strategy will include: Pursuing regional and bilateral trade, investment, and S&T agreements; Reinvigorating our comprehensive trade and investment relationship with our closest trading partner, the United States; and Extending our reach to new markets.

WTO Trade Policy Review of Canada: 

WTO Trade Policy Review of Canada