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Sixty-six per cent of Canadian exporters rely solely on United States, but economists say that can be hard on the bottom line
For someone running an agricultural or agri-food business in Saskatoon, Kelowna or Halifax, it’s easier to sell products to customers in Canada than to someone in Vietnam.
It may be easier, but exporting will make the business more productive and profitable.
“Extensive research on Canada’s manufacturing sector finds that exporters produced 13 per cent more output per worker, than non-exporters… from 1974 to 2010,” says a post on the Export Development Canada (EDC) website.
The connection between exporting and productivity may be true, but economists and business analysts argue about “why,” said JP Gervais, chief economist with Farm Credit Canda.
Some believe th
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