Unfortunately, Canada doesn’t have much to export except commodities such as oil, wheat, precious metals and as global economic activities slow so does demand for commodities driving price lower.
There are manufacturers of other goods, such as RIM for high-tech gear but RIM is taking a beating too. Think about it what else is made in Canada?
Not much and the worse thing is the U.S.A is in bad economic trouble and they account for a big portion of Canadian export.
Have a read of this article:
Global impact felt as Canada’s trade deficit expands
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