Global Trade

Pump jacks silhouetted by setting sun
Merchandise trade deficit shrinks in February

Although merchandise exports increased in February, the outlook for Canada’s trade sector over the near term is far from positive. The combination of depressed global economic activity led by the U.S., and severe disruptions to global supply chains impacted by the intensification of the COVID-19 pandemic, leaves Canada in a very vulnerable position.

Blog—Doris Chu, April 02, 2020

Challenges escalating for Canada’s oil and gas sector

In the midst of a global collapse in demand for oil, Saudi Arabia, and Russia have embarked on a price war that has brought oil prices down to rock bottom levels—putting at risk many companies in Canada’s energy sector.

Blog—Pedro Antunes, March 31, 2020

The spread of COVID-19 is a humanitarian emergency that is causing a change in global behaviour unlike anything that most of us have ever seen in our lifetime. Countries around the world are closing their borders and imposing quarantine measures on their citizens.