Exports
What is an export?
Products that are shipped from outside of the country where they were made, extracted or grown
What is an import?
Products that are made, extracted or grown outside of country but shipped into it to be consumed
What are the advantages of buying something made in Canada?
-support Canadian jobs
-stronger economy
-support local businesses
-lower environmental impact
-less dependency on other countries
-higher quality products
-stricter laws that protect workers & the environment
Canada is the #1 world export of this mineral...
Potash
What does Canada mainly export to other countries?
Natural resources (oil, gas, minerals, gold, potash, wheat). Also cars
What does Canada mainly import from other countries?
Car parts, machinery, electronics, plastics, energy
What are the disadvantages of buying something made in Canada?
-more expensive
-less variety (e.g. fruits and veggies)
Where does most of Canada's maple syrup come from?
Quebec
Who receives the majority of Canadian exports? (average 75%)
USA
Where do the majority of Canadian imports come from?
USA
What are the advantages of receiving imported products?
-more choice/variety
-can get things we can't grow (e.g. pineapples)
-strengthen international relationships
How much of the world's maple syrup does Canada produce?
70%
What percentage of Canadian revenue comes from exports?
About 30%
What is a tariff?
A tax imposed by a country on imported goods. This makes the imported goods more expensive to buy.
What are the disadvantages of receiving imported products?
-loss of local industries
-more dependent on foreign markets
-higher ecological footprint
-less strict environmental and labour laws in other countries (e.g. child labour)
-poor quality items
Who are Canada's main trading partners and why? Name at least 2 and give a reason for each.
USA- proximity, historical ties
China- very industrialized, supply low-priced goods
Japan- large need for our natural resources while we need their machinery, equipment vehicles, and medical instruments
UK- historical ties
Mexico- CUSMA
Which good represents 21% of Canada's total goods exported globally?
Oil and gas
What did President Donald Trump do in 2025 in relation to imports? Why does this decision matter?
Imposed high tariffs on goods imported into the country.
How is your life affected by Canada's trade with other countries?
-more choice
-cheaper prices
-your parents can have jobs in transport, retail, manufacturing which is supported by trade
-worse air quality
-links to other cultures, more diverse society
What is CUSMA?
The Canada United States Mexico Agreement. Free trade agreement between the three countries. Implemented in 2020. Replaced NAFTA. Reinforces Canada's strong economic ties with the USA and Mexico.