2014
DOI: 10.2139/ssrn.2377330
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Tradable Services: Canada's Overlooked Success Story

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Cited by 9 publications
(2 citation statements)
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“…In this context, we turn our attention to a large and often unheralded portion of the Canadian economy, comprised of providers of commercial services that can and do compete successfully for clients beyond Canada's borders. The importance of these services industries to Canada's economic future can hardly be overstated: together they have added hundreds of thousands of jobs over the past 15 years, jobs that on average pay more than those in manufacturing or resources (Schwanen 2014).…”
Section: D H O W Ementioning
confidence: 99%
“…In this context, we turn our attention to a large and often unheralded portion of the Canadian economy, comprised of providers of commercial services that can and do compete successfully for clients beyond Canada's borders. The importance of these services industries to Canada's economic future can hardly be overstated: together they have added hundreds of thousands of jobs over the past 15 years, jobs that on average pay more than those in manufacturing or resources (Schwanen 2014).…”
Section: D H O W Ementioning
confidence: 99%
“…These higher costs are passed on to Canadian businesses and consumers, potentially reduce tourism in favour of lower-cost destinations, and harm the Canadian economy. As trade increasingly takes the form of services that require people to travel (Schwanen 2014), Canadians may be losing international opportunities and choosing not to pursue domestic business that is too expensive to reach. More than a third of global international trade by value is carried by air, so the high cost of transporting it to Canada effectively acts as a punitive tariff that shuts Canadian businesses out of potential markets (Hummels and Schaur 2012).…”
Section: D H O W Ementioning
confidence: 99%