The world revolves around money and the economy is the main guideline to distribute and gain money around the world. The United States has a leading role in this economy because it is simply the largest and the most wealthiest country in the world. Canada is the leading export country to our neighbours. The events of September eleventh two thousand and one, have crippled this great nation's economy and therefore has also crippled Canada because most of our exports are to the U.S. After the terrorist attacks, the borders between the U.S. and Canada have been tightened, the airline and tourist industries have slowed down, and people are afraid of recession. These economic events are the main reasons that have affected the Canadian economy.
The terrorist attacks have made the U.S. place more restrictions on their borders. The result of these actions have the Canadian economy in a streaming worry. " (1) Delays at the border are costing us tens of millions of dollars." This will hurt all of our exports to the U.S. They wont be purchasing as much of our products as before because they would expect these products to arrive in the U.S. very late. "(1) Ford Motor Co. of Canada Ltd. cancelled the day shift at its Oakville truck plant yesterday, affecting 1,400 workers." It is evident that the actions by the United States has affected not only big companies but the Canadian individuals who aren't getting their usual hours of work nor their usual pay. All of the scheduled production of parts and vehicles have been put on hold. " (1) With overnight Purolator flights on hold, the shipping giant transferred their cargo to their vehicles. Customers were told to expect delays up to a day for their shipments." Companies like these have a large problem for performing their duties, which would result of loosing customers from the U.S.. All of their vehicles have to also wait for hours at the borders. This will also increase the price of transporting ...