1. The Canada-U.S Economic Relationship Study Canada Summer Institute, 2010 Dr. Paul A. Storer Americas Unhappy Borders The Economist, 8/27/05 Peace Arch Crossing State Department Photo

2. Outline of Talk Canada-U.S. Interdpendence: - National and Regional Trade Lessons from Canada: - Environment - Health Care - Banking System - Inequality and Social Programs - Costs and Benefits of Trade

3. Source: Embassy of CanadaEmbassy of Canada

16. Source: http://www.canadainternational.gc.ca/washington / Canadas Rank for States Exports of Goods

17. Canada-U.S. Integration 36 states have Canada as their largest export market. More than 40% of Canada-U.S. trade is within-firm trade. Clusters (eg autos) matter. Strong growth of intra-industry trade.

18. Tradition …

19. The Modern Canadian Economy: Technology …

20. …Transportation.

21. Bellingham Airport Bellingham Herald October 26, 2006

22. The Modern Canadian Economy: Continental Integration & JIT

23. SeaTac Airport Source: http://farm4.static.flickr.com/3379/3198460812_79dd9093c2.jpg

24. (Exports + Imports)/GDP

25. Trade As a Fraction of GDP: Canada

26. Source: Hart, M. A Trading Nation Canada- U.S. Free Trade: A Break with History

27. Free Trade Agreements Canada-U.S. 1989, add Mexico in 1994. Both countries have signed other agreements (U.S. more active lately) NAFTA is much less ambitious than the EMU: no labor mobility, customs union, or common currency.

28. The Tariff Wall Greedy American Wolves Happy Canadian Farmers And Manufacturers Sir John A. Macdonald

29. Source: Hart, M. A Trading Nation

31. Energy Trade An Important Supplier of Secure Energy

32. U.S. Petroleum Imports (2006) (Source: U.S. Energy Info. Agency)

34. Source: http://www.pse.com/energyEnvironment/EnergySupply_NaturalGasProfile.aspx

35. Source: The Worlds Largest Trading Relationship, Embassy of Canada.

36. Oil Sands Reserves Source: www.ubc.ca

37. Source: www.guardian.com

40. Environment and Natural Resources National versus Regional Policies

41. Globe and Mail, Dec. 11, 2002

45. B.C. Carbon Tax Program

46. Source: 2008 Budget, B.C. Ministry of Finance

48. Health Care Are we following the Canadian path?

49. June 9, 2009

50. Health Care Spending, % of GDP, 2003

51. Health Care as a % of GDP U.S. Canada

52. Banking and Finance Did Canada Get it right?

54. The Economist, U.S. Edition, May 23, 2009

55. Source: Bank of Canada Web site

56. Social Programs and the Role of Government

57. www.inequality.com

59. Free trade agreement

60. Free trade agreement

61. Increasing Inequality of Income Free trade agreement

62. Taxes in Canada The level and mix of taxes.

63. Canada: 40% U.S.: 31%

65. Trade, Culture, and Sovereignty Source: Aislin Cartoon Montreal Gazette Source: Molson I Am Canadian ad

66. The Post-9/11 Reality How do we balance security and integration?

68. Canada: A Source of Vulnerabilities? Source: Bellingham Herald Source: ABC newsSource: International Border Commission

69. Alphabet Soup Programs

71. DHS Secretary Napolitano: Hope and Change? View #1: the myth Im trying to bust is that theres no real border between Canada and the United States View #2: We dont want to damage economic security in the name of homeland security. Source: Globe and Mail

72. U.S. – Canada Softwood Lumber Agreement 2006 January 2007

73. Source: Bellingham Herald, Sept. 10, 2004