Strategies for the Future of the Canadian Relationship with the US

CALGARY, Nov. 9 /CNW/ - Prof. Wendy Dobson, Distinguished Fellow in Global Economics and Co-Director of the Institute for International Business at the Rotman School of Management, University of Toronto, with co-author Diana Kuzmanovic, presented a research paper on the future of Canada's relationship with US.

The authors propose a two-part proactive strategy. The first part is for Canada to differentiate its economy by building on its macroeconomic, financial and energy strengths relative to the United States and by shaping a best-practice North American climate change policy. The second part of the strategy is to deepen NAFTA by participating in the Trans-Pacific Partnership (TPP), a comprehensive, high quality  FTA that has strategic attention of the US administration.  

"Canada should up its game and raise its profile. The first step is to differentiate ourselves," Dobson said. "Canada can strengthen the core advantages of its natural resources and its good policies and regulations, and it can diversify markets to reduce both its vulnerability to U.S. policies and its dependence on US investors, producers, and consumers. The second step is to join the newest game in Washington — the Obama administration's strategic Trans-Pacific Partnership (TPP) — while working ceaselessly to roll back the thickening border."

The paper is available at www.policyschool.ca by clicking on "latest papers."

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