The New - 20/20 Magazine
The New - 20/20 Magazine
The New - 20/20 Magazine
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Making a great<br />
relationship even better<br />
By DAVID JACOBSON,<br />
US AMBASSADOr TO CANADA<br />
the us and canada enjoy<br />
a unique economic<br />
partnership. our two nations<br />
share the world’s largest and most<br />
comprehensive trading relationship with<br />
more than $1.3 billion of two-way trade<br />
crossing the border every day.<br />
trade is a critical part of our prosperity;<br />
it supports millions of jobs in each<br />
country and helps to maintain the way of<br />
life and improve the standards of living<br />
for millions of americans and canadians.<br />
a relationship this important cannot<br />
be taken for granted. it must be<br />
examined and renewed continually.<br />
From time to time the relationship will<br />
face challenges, but working together to<br />
resolve these challenges will only serve<br />
to strengthen the relationship in the end.<br />
the recent global economic crisis<br />
presented challenges for all of us.<br />
During difficult times it is natural to look<br />
inward. such was the case with Buy<br />
American provisions for us stimulus<br />
spending. However, it is a testament to<br />
the strength of our relationship, that our<br />
two countries came together to create<br />
an agreement that creates more open<br />
cross-border government procurement<br />
with expanded market access<br />
opportunities for suppliers of goods and<br />
services on both sides of the border<br />
now and in the future.<br />
a strong relationship is also built on<br />
forward thinking and innovation. two<br />
areas that i find very exciting are finding<br />
ways to bring more companies into the<br />
trading world and expanding the north<br />
american economy through innovation.<br />
on march 11, <strong>20</strong>10, president obama<br />
announced the national export initiative<br />
(nei). the nei is a plan to better assist<br />
american businesses that want to sell<br />
their goods and services abroad. the<br />
nei is important to canada because<br />
as the us exports more, it also imports<br />
more. not only does this grow the<br />
amount of total trade between our two<br />
countries but, as new businesses enter<br />
the trade arena, they also join cross<br />
border supply chains which provide a<br />
range of new opportunities for canadian<br />
buyers and sellers. the nei will grow<br />
the north american economy, which<br />
will mean canadians and americans<br />
will benefit.<br />
as neighbours, we are each other’s<br />
logical first markets for first time<br />
exporters, many of which are small<br />
and medium-sized businesses. we<br />
want these businesses on both sides<br />
of the border to flourish. leaders<br />
in both of our countries have been<br />
concerned about manufacturing jobs<br />
disappearing overseas.<br />
president obama has said that he<br />
expects our commitment to clean<br />
energy to create more than 800,000<br />
jobs by <strong>20</strong>12. that’s not just creating<br />
work in the short term, that’s going<br />
to help lay the foundation for lasting<br />
economic growth.<br />
one of the most important aspects<br />
of keeping our economies strong and<br />
competitive in a changing world is<br />
innovation.<br />
both the us and canada have been<br />
world leaders in innovation and we don’t<br />
want to lose ground by not investing in<br />
the creation of new knowledge and not<br />
protecting the knowledge that we are<br />
already creating.<br />
Joint programs focused on<br />
reinvigorating the auto sector and<br />
developing green, sustainable energy<br />
are both important contributors to new<br />
knowledge.<br />
meanwhile, in order to protect our<br />
knowledge products and to keep our<br />
best minds from relocating elsewhere it<br />
Both the US and Canada have been world leaders in<br />
innovation and we don’t want to lose ground by not<br />
investing in the creation of new knowledge and not<br />
protecting the knowledge that we are already creating.<br />
is important to have a strong intellectual<br />
property (ip) regime.<br />
this includes not only strong laws for<br />
the protection of copyright and other<br />
forms of ip, but also the resources to<br />
enforce these laws.<br />
i am very encouraged by the steps<br />
that canada and the us have taken<br />
together during difficult economic times<br />
and am excited by the opportunities<br />
that are now before us to make a great<br />
economic relationship even better.<br />
CANADIAN MANUfACTUrErS & ExPOrTErS’ MAgAzINE | 27