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By: Paul Young, CPA, CGA Date: January 6, 2017 Merchandise Trade – November 2016 – Canada

Merchandise Trade – November 2016 – canada

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Page 1: Merchandise Trade – November 2016 – canada

By: Paul Young, CPA, CGADate: January 6, 2017

Merchandise Trade – November 2016 – Canada

Page 2: Merchandise Trade – November 2016 – canada

• Exports by key industry

• Trade Balance

• Risks

Agenda

Page 3: Merchandise Trade – November 2016 – canada

• Source – Stats Canada

Trade imbalance

Page 4: Merchandise Trade – November 2016 – canada

Trade Balance by Country

Source – Stats Canada

Page 5: Merchandise Trade – November 2016 – canada

Exports by Sector – Canada – November 2016

Source – Stats Canada

Page 6: Merchandise Trade – November 2016 – canada

Exports by Sector – Canada – November 2016

Source – Stats Canada

Page 7: Merchandise Trade – November 2016 – canada

Energy Sector

Source – Stats Canada

Page 8: Merchandise Trade – November 2016 – canada

EDC / Trade – Canada / Country

Source – EDC

Page 9: Merchandise Trade – November 2016 – canada

EDC / Trade – Province / Segment

Source – EDC

Page 10: Merchandise Trade – November 2016 – canada

• Source – TD Economics

TD Economics / Trade Comments

Page 11: Merchandise Trade – November 2016 – canada

Source – RBC

RBC Economics / Trade

Page 12: Merchandise Trade – November 2016 – canada

• New United States government / protectionism policies

• Infrastructure spending on pipelines and/or expansion of ports/roads

• Impact of carbon pricing/taxation on goods and services manufacturing in Ontario and Alberta

• No reduction in red tape/regulations

Risk