Canadian Electrical Wholesaler

Govt Canada logoCanada’s exports continued to expand and helped grow the economy in 2012 despite a global stagnation in exports, reports Foreign Affairs, Trade and Development Canada in a just-released assessment.

In its detailed summary of the key trends and developments in international trade and investment, Canada’s State of Trade: Trade and Investment Update 2013, the department noted the following facts:
•    8 out of 10 provinces and all territories reported positive real economic growth
•    business expenditures drove most GDP growth
•    government expenditures contracted, contributing negatively to GDP for the first time since 1997
•    economic activity grew in all 4 quarters
•    inflation rose just 1.5%, nearly halving from 2.9% a year earlier
•    combined exports of goods and services grew 1.1% in a challenging global environment that saw trade stagnate and exports decrease in countries around the world; exports of services decreased 1%
•    Canada rose from 13th to 12th place among the world's leading merchandise exporters, (US$455 billion in total exports)
•    Canada remained the most important trading partner of the US, ahead of China and Mexico in total trade (16.1%)
•    Canada’s exports to Mexico reached $5.4 billion, making Mexico our fifth-largest export destination.
•    Canada’s total bilateral trade with China continued to increase in 2012, up 7.8% from a year earlier ($70.1 billion)
•    the United Arab Emirates remains Canada’s largest export destination in the Middle East and North Africa region ($1.5 billion)
•    energy is Canada’s top export commodity ($115.8 billion)

Read the full report: Canada’s State of Trade: Trade and Investment Update — 2013 .



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National ManufacturingExcellence in Manufacturing Consortium EMC’s Advantage through Excellence: Future of Manufacturing Conference is a 2½ day event exploring the competitive advantages, opportunities and successes that can be achieved by manufacturers through a variety of learning forums — up to 40 workshops, panel sessions, keynote presentations and best practice plant tours — providing delegates with outstanding opportunities for benchmarking, peer networking, learning and sharing of hundreds of best practices. An estimated 500 to 900 manufacturing leaders and stakeholders from across Canada are expected to attend. 

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Rick McCartenBy Rick McCarten

I think it was Bill Gates who said the Internet will not have an effect on society short term, but will have a profound effect on us long term. 

Long term versus short term fascinates me. Making the call for one over the other can determine the success (or failure) of companies today. 

Using Bill Gates’ long-term Internet effect example, means that business decisions about the Internet will not necessarily show short-term gain, but will show “profound” gain in the long term.

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