The Economic Club of Canada in Ottawa spoke about how the Economic Action Plan 2012 will leverage sustained economic growth and job creation by expanding trade and opening new markets for Canadian businesses.
The Government understands that Canada’s prosperity is linked to reaching beyond our borders for economic opportunities that serve to grow Canada’s trade and investment. In less than six years, Canada has concluded new free trade agreements with nine countries and concluded or brought into force foreign investment promotion and protection agreements with 10 others.
Economic Action Plan 2012 builds on these successes by:
- Intensifying Canada’s pursuit of new and deeper international trade and investment relationships, including updating the Government’s Global Commerce Strategy.
- Implementing the Action Plan on Perimeter Security and Economic Competitiveness and the Action Plan on Regulatory Cooperation, which will facilitate trade and investment flows with the United States.
- Providing support to Canadian businesses through tariff and tax measures, along with the extended provision of domestic financing by Export Development Canada.
- Increasing travelers’ exemptions to modernize existing rules and facilitate border processes for Canadians bringing goods home from abroad.
For more information visit the Department of Finance Website