International Trade committee  We analyze the impact of the free trade agreement on both Canadian imports from Korea and from the world and on our exports to Korea and to the world. In terms of the bilateral trade balance with Korea, there is an improvement in this particular analysis largely because, as Ian

International Trade committee  Is there an ideal exchange rate? The first point is that Canada has a market-determined exchange rate that reflects the demand for the Canadian dollar from a wide variety of sources and the supply of the dollar as well. The bank, of course, focuses on price stability in Canada as

International Trade committee  Thank you, Mr. Chairman. To add to what Tony said, once you've got the estimate of the trade flow, there's the question of the estimate of the trade barrier with goods. It's typically a tariff, but it can also be a non-tariff barrier. For goods, we typically have fairly good tar

International Trade committee  John Baldwin at Statistics Canada has been very active in estimating the impact of trade on the economy, and on productivity in particular, but also in terms of the performance. A firm that becomes an exporter, in John Baldwin's finding, becomes substantially better in all aspe

International Trade committee  “Chur-ee-yak”.