Immigrants Strengthen Canada’s Exports

Canada has an export problem. Despite rapid growth in emerging markets, Canada’s trade has flatlined over the past decade. With a relatively small domestic economy, Canadians depend on exports to sustain their high standard of living. And most exports go to the relatively slow-growth U.S. market.

Immigrants are frequently touted as part of the solution to boost Canada’s exports, particularly to markets beyond the United States. Canada has seen a surge in immigrants from exactly those large economic powerhouses with which we would like to do more business. But are Canada’s immigrants actually connecting to global markets?

A recent Conference Board analysis shows that, yes, some immigrant-owned businesses are already helping Canada connect to global markets.

Read full story at http://www.conferenceboard.ca/