
“With help from our Government’s Economic Action Plan, the Canadian economy has shown remarkable resilience during the global economic downturn, given our sound banking fundamentals and our continued commitment to trade and investment liberalization,” said Prime Minister Harper. “It is vital that Canada and the U.S. continue to strengthen commercial relations to help promote a sustained economic recovery that produces jobs and future growth on both sides of the border.”
Canada and the U.S. share important economic ties. In 2010, trade in goods and services between both countries was valued at $649 billion. Direct investment in Canada from the United States was valued at $306.1 billion, while Canadian direct investment in the U.S. was $249.9 billion. Close to $1.8 billion in goods and services cross between the two countries each day.