The consensus of our panellists is that our trading future predominantly lies with the United States and that we should nurture it and expand it. The United States has a galloping debt, and my concern is that if the U.S. falters, we will fall. We rely on it so much. If their economy declines, will we be more seriously impacted here in Canada?
This then leads us to the two-track suggestion, that we should be looking at China, Brazil, and India, but Mr. Murphy ended his last commentary with a question: how do we strategically get into these emerging nations?
The question would be, are we concerned about too close a contact with the U.S. from a trade perspective, and how do we strategically get into the emerging markets of Brazil, India, and China?