From shipping to staffing, the Chamber and its partners have the tools to save your business money and the solutions to help you run it more efficiently. Join the U.S. Chamber of Commerce today to start saving.
“Oh, say can you see” the benefits of trade. “O, Canada,” just look south. (Or the United States can glance north.)
National anthem mash-ups aside, it is worth noting that the United States and Canada share much more than just the world’s longest and most productive border. They share core values and a commitment to free trade, a level playing field and open markets. And this time of year, they are both celebrating.
Canada recognizes its national holiday on July 1 – a tradition since 1868. The United States of America then marks the adoption of the Declaration of Independence back in 1776 ... on July Fourth, of course.
So, let the festivities commence, and fire up the grill – in the name of trade. There’s plenty of food to pack the holiday picnic table (see snack food and red meat options above).
Here are the holiday facts:
More than $750 billion in goods and services cross over our border annually, making the United States Canada’s largest trading partner.
Canada is America’s largest agricultural export market. Exports to Canada totaled $24 billion in 2015, according to the office of the United States Trade Representative.
- Prepared food: $1.9 billion
- Fresh vegetables: $1.9 billion
- Fresh fruit: $1.6 billion
- Snack food: $1.3 billion
U.S. imports of agricultural products from Canada totaled $22 billion in 2015, USTR reports.
- Snack foods: $3.7 billion
- Red meats: $2.2 billion
- Processed fruit & vegetables: $1.4 billion
Canada is the top U.S. export market in the world. In addition, our nations’ supply chains and workforces our deeply interwoven and interdependent, particularly in critical sectors like automotive, information technology and energy production.
So grab another burger this holiday weekend and let trade freedom ring.