Canadian Companies Stand to Gain from a Growing U.S. Economy: EDC

Canadian businesses can expect to see a seven-per-cent increase in the value of their exports in 2016 following a slight one-per-cent decline this year that has been mostly caused by sharply lower oil prices, according to a new global export forecast released by Export Development Canada (EDC). The Global Export Forecast Fall 2015 notes that much of this increase will be driven by strong growth in the United States, which is Canada’s largest export customer, but also by improving prospects in Europe and continuing growth in China. 

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