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Emerging trade trends

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Rapid Urbanisation

Large-scale infrastructure projects in rapidly urbanizing cities present opportunities for Canadian firms with expertise in architecture and engineering services, project financing, transportation, international development project management, waste management, power generation, and telecommunications…

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Digital Trade

Digital trade has exploded in the past decade. Cross-border data flows already contribute more to the global economy than merchandise trade. And this is only the beginning, with digital trade now making its way into 21st century free trade agreements…

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The Rising Power of Emerging Countries

Emerging countries are disrupting the global poles of power and commercial activity, with a significant shift towards Asia. Canadian firms should engage with emerging countries’ largest firms to tap into their domestic supply chains, connect with other Canadian firms with ties in these markets, explore opportunities from future trade agreements, to understand these markets and grow their network...

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Protectionism

Globally, protectionist actions such as tariffs have declined, though less visible restrictions such as product standards and data restrictions are of concern. Canadian exporters should take actions to mitigate against the risks of NAFTA termination and other protectionist actions while also aggressively pursuing markets outside of the United States…

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New Technologies

In recent years, companies and governments around the world have accelerated their investments in new technologies such as machine learning, yielding major breakthroughs in their capabilities. Companies that adopt and integrate emerging technologies successfully can better differentiate themselves in global markets, boost productivity and efficiency across their global value chains, and augment human creativity and output…

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Professional Services Going Global

Selling their professional services abroad is a key way for Canadian firms to grow their global footprint. Important growth areas in recent years have been research and development services, computer services, and architectural and engineering services...

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