I'll Trade You...

The United States and Canada, share more than just the longest border in the world, they basically share each others money and resources. This immense trade agreement places increasing tension on both countries with the fear of a greater recession. In 2008, only 21% of all US Exports were designated to Canada and only 16.5 % were from Canadian imports. Even though these numbers seem small, you have to think that you're talking about every single nation on this Earth. 21% of exports and 16.5% of imports may seem like small numbers, but its the largest percentage than with any other nation. The US imports and exports more with Canada than any other nation. With this being said, is Canada more reliant on the United States? With their percentages being extravagantly higher? In 2008, 75.5% of ALL Canadian Exports were to the United States alone. 63.4% of the total Imports were from the United States. The gap between both nation's trade levels are clearly different, nonetheless its relevant to say that if one country or the other were to face severe bankruptcy or extreme recession, the other would be hit just as hard. Canada & The United States are family, they'll always be best friends! Now let's all think of a way to evict Harper immediately!
References: http://www.census.gov/foreign-trade/Press-Release/current_press_release/ft900.pdf , http://www40.statcan.gc.ca/l01/cst01/gblec02a-eng.htm , http://www40.statcan.gc.ca/l01/cst01/trad45a-eng.htm , http://www.census.gov/foreign-trade/Press-Release/current_press_release/