Question

Using the internet, find Canadian examples. Pick tow topics below?

1) Outsourcing Jobs

2) Trade deficit

Answer 1

1) Outsourcing Jobs

Example1: Canada has sector-specific legislation for these sectors outsourcing:

• aviation;
• education and childcare;
• food;
• gaming;
• healthcare;
• IT services

Example2: Outsourcing in IT industries allows Canadian companies to reduce their costs and increase their productivity which, in turn, helps them to be more competitive in global markets.

2) Trade deficit

Example1: Currently, Canada maintains neither a trade deficit nor a trade surplus as both imports and exports amount to around 475 billion U.S. dollars worth of goods.

Example2: The U.S. goods trade deficit with Canada was $19.1 billion in 2018.

Kindly do like if It Helped!
Thank you!!!