Is Canada Relying Too Much on its Export?
             Canada is one of the biggest countries in the world. It has a consistent economy. A large amount of its economy comes from export. Canada is a country full of natural resources; it is also famous for its agriculture. Animal products, fish, seafood, pulp and paper, lumber and plywood, etc are the main products being exported to other countries. Canadian products are sold all over the world. Its products are exported to North America, South America, Asia and Europe. The amount of Canada's export suggests that the Canadian economy depends too much on its exports.
             The United States of America is now Canada's major export partner. In 1998, the total value of products exported to the United States was 244.1 billion dollars and there was a 24.2 billion dollars of services. There is approximately 1.4 billion dollars worth of goods and services which cross the border each day. The United States of America supports over 2 million Canadian jobs and generates 28% of Canada's GDP. In Canada's total export, 81% goes to the United States. Prime products that Canada exports to the States are Sugar and sugar-containing product, softwood lumber, wheat and barley, wool suits, fish and alcohol. Canada exported 59250 tons of sugar to the U.S in 1998. In 1998, Canada exported twice as much of sugar compared to that of 1998. On April 1, 1996, Canada and the U.S signed a softwood lumber agreement indicating that Canada would provide fives years of softwood and lumber to the U.S. Under this agreement, softwood lumber exported to the United States originates from British Colombia, Quebec, Ontario and Alberta. The agreement states that exceeding 14.7 billion board feet a year would be subjected to a 50 dollars U.S per thousand board feet fee for the first 650 million board feet and 100 U.S dollars per thousand board feet fee for quantities exceeding this amount.
             Canada also expo...