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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

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