The impact of the United States on the Canadian economy

Trade relations, investment relations, tourism.

1. Trade relations: Canada and the United States have close economic relations. Canada’s exports to the United States account for more than 75% of its total exports, and the United States is Canada’s largest trading partner. The signing of the Free Trade Agreement (NAFTA) further strengthened the trade relationship between the two countries.

2. Investment relations: U.S. investment in Canada accounts for more than 60% of Canada’s total investment. A large number of U.S. companies have entered the Canadian market through acquisitions or investments in Canadian companies.

3. Tourism: Although American tourists are not the largest source of tourists in Canada’s tourism industry, the number of American tourists is still considerable. Millions of American tourists choose to travel to Canada every year.