The Monitor, a product of Connect2Canada

Voices

"I came to Canada on my first trip as President to underscore the closeness and importance of the relationship between our two nations, and to reaffirm the commitment of the United States to work with friends and partners to meet the common challenges of our time."

-
President Barack Obama, Ottawa, ON, February 19, 2009. Read more from The Toronto Star.

Perspectives: Yes Oui Canada

President Obama and Prime Minister Harper  

NAFTA renegotiation must wait, Obama says
The Washington Post
February 20, 2009
 
President Obama warned against a "strong impulse" toward protectionism while the world suffers a global economic recession and said his election-year promise to renegotiate the North American Free Trade Agreement on behalf of unions and environmentalists will have to wait.

A promising first visit
Winnipeg Free Press
February 20, 2009

Anyone who watched President Barack Obama and Prime Minister Stephen Harper at their Ottawa press conference would be hard pressed to see anything other than good things in it. While the friendship is genuine, there will always be a frank reality to the Canada-US relationship.

Taking the Canada-US relationship to a new level
Canadian Council of Chief Executives
February 19, 2009

The visit of Barack Obama to Ottawa this month, provided an opportunity to take Canada’s relationship with its closest friend, neighbor and ally to a new level. A new memo from the Canadian Council of Chief Executives explain how this can be accomplished on three vital fronts.

In The News

A worthwhile Canadian initiative
Newsweek
February 16, 2009 

Guess which country, alone in the industrialized world, has not faced a single bank failure, calls for bailouts or government intervention in the financial or mortgage sectors, asks Newsweek editor Fareed Zakaria. Yup, it's Canada.

Economic outlook: when will the hurting stop?
Canadian Business
February 16, 2009

As forces work to generate a recovery, the best news of the year may be that the worst is behind us. Your battered portfolio may get a well-deserved break, but uncertainty persists.


PM does New York
The Chronicle Herald
February 24, 2009

Following President Obama's visit to Ottawa, Prime Minister Stephen Harper visited New York City to raise awareness about Canada. This is apparently just the first of more such visits to come.

Exports touted as tonic for slow economy
The Buffalo News
February 23, 2009

Buffalo's Speed Global Services used to count on General Motors for a lot of business. If that were still the case, it might have spelled trouble, but Speed has diversified its operations over the years and has found lots of opportunities serving Canada.

NAFTA fifteen years later
Investment Treaty News
February 16, 2009

From its inception, NAFTA Chapter 11 has drawn a number of concerns with respect to its scope and operation; however, the Chapter remains state-of-the art compared to the vast majority of today's international investment agreements.
 

Innovation

GestureTek
GestureTek, a business that builds gesture-controlled interfaces using cameras, is among a group of Canadian companies that locate their headquarters in Silicon Valley. This southern part of the San Francisco Bay area attracts venture capitalists from both sides of the 49th parallel who are looking to be stimulated by the business environment. Read more about GestureTek.

Publications

NAFTA at 15: assessing it's benefits
U.S. Chamber of Commerce

In light of President Obama's visit Canada, the U.S. Chamber of Commerce explains how NAFTA has generated significant new opportunities for workers, farmers, consumers, and businesses across America.

Obama's Americas policy could bring opportunity for Canada
FOCAL Point, Canadian Foundation for the America's

Much has been made of the opportunity President Obama offers for a renewed Canada-U.S. relationship. It is also important for Canada to keep in mind the opportunity the Obama presidency offers for Canadian relationships throughout the Americas.

Blog

Canada in the financial crisis

A recently published a paper compared the path of five U.S. variables in the current financial crisis with the average performance of the same variables during five major crises in other countries - Spain (1977), Norway (1987), Finland (1991), Sweden (1991) and Japan (1992). A new posting on Shock Minus Control applies this to Canadian variables in comparison to the U.S.

February 2009

Multimedia

CBC interview with President Obama

The CBC's Peter Mansbridge sits down one-on-one with President Barack Obama at the White House to discuss Canada-U.S. relations.

podcast
Insights on the Canadian-American partnership

David Biette, Director of the Canada Institute at the Woodrow Wilson International Center for Scholars in Washington, D.C., sheds light on President Obama's agenda during his visit to Ottawa and the effect of a new administration on Canada-U.S. relations.

People

Allen Palmiere

Allen Palmiere, CEO and Director, HudBay Minerals Inc.

Allen Palmiere has all the tools he needs to build the next great Canadian mining company. Read more.

State Trade Fact Sheet

North Carolina: The Old North State

State Trade Fact Sheets
In 2007, trade between North Carolina and Canada continued to grow, reaching a record total of $8.6 billion. Canada remained the state’s largest international destination, purchasing more of the state’s exports than the next three largest trading partners (Japan, China and Mexico) combined.


The Monitor

The Monitor is a concise and insightful look at the U.S.-Canada business and economic relationship. This collection of news articles, scholarship and thoughts from leading economists, journalists, academics and members of the business community is meant to provide you with an overview of the various perspectives on the dynamic and interconnected nature of the U.S.-Canada economic relationship. Each month we focus on a core subject of importance to both economies; this month features a spotlight on newly elected President Barack Obama's recent visit to Canada and the state of Canadian-American trade relations.

We welcome your feedback and hope to highlight some of your comments each month. Write to us and tell us what you think at: connect2canada@
canadianembassy.org


Regards,
The Monitor Staff

The articles appearing in this newsletter have been collected from various Canadian and American sources and reflect the opinions the original authors. Articles appear in the language in which they were published.

We encourage your feedback and hope to highlight some of your comments each month. The Monitor reserves the right to edit comments for length and content.

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