Acting Deputy Secretary Rebecca Blank is in Ottawa, Canada today and gave remarks before the American Chamber of Commerce. She discussed U.S.–Canada commercial relations and how the free flow of goods and services results in huge economic benefits for both countries. She also highlighted the benefits of creating jobs and economic growth on both sides of the border.
Increasing trade between the two countries will help reach President Obama’s National Export Initiative goal of doubling U.S. exports in 5 years. To reach that goal, Blank emphasized that 2011 needs to be another banner year for U.S.-Canada trade. In 2010, U.S. exports to Canada reached $248.8 billion.
In fact, the U.S.–Canada economic relationship is unparalleled in the world. We are each others’ largest trading partners.