| Date Published: | 4/8/2010 3:00:00 AM |
| Author(s): | Alexander Moens |
| Research Topic(s): | US-Canada Relations Trade |
| This report details how US-Canada relations are reeling from a double blow. The first blow came with the attacks by al Qaeda on American soil, compelling Americans to change their minds about our shared border. Although we share intelligence and electronic custom reports, the fact remains that we are essentially constructing a border that is reducing trade, investment, and tourism. The second wave of trouble came in the wake of the financial crisis that started in late summer of 2008 and the ensuing recession of 2009. Washington’s response to the economic challenge has been to feed various protectionist sentiments. Canada and the United States need to pursue deeper trade integration in such areas as regulatory harmonization, common external tariffs on manufactured products, free trade in agricultural products, and an overall energy and environmental accord. Moreover, the two governments need to formulate a unified regime to deal with a common security threat. Once the security regime is in place, the integrated dynamic of commercial exchange can flourish again as it did in the 1990s, leading to increased travel, deeper commercial interaction and assured future prosperity. | |
| ISBN: | 1918-5472 |
| Type: | Studies & Reports |
| Free Download: | Download |
| Files: | Complete Publication |
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