Download or read book Canada and Obama written by and published by The Fraser Institute. This book was released on 2008 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt: The chief concern for the Canadian economy today is the expected impact of the economic crisis in the United States and worldwide. [...] The third part describes and evaluates the key policy challenges facing the United States, as highlighted in the 2008, election and the Canadian interests at stake in the policy positions advanced by Obama. [...] After 2004, the Canadian GDP growth rate seems less tied to the United States than before 2000, mainly as a result of the climbing Canadian dollar, softer US demand for Canadian products, and the growing cost of commerce crossing the border in terms of time lost. [...] The decline of Canada-US trade as a share of Canadian GDP (from 65% in 2000 to 40% in 2007) should not be read simply as proof of the diversification of the Canadian economy from trade with the United States. [...] The decline in manufacturing exports-first as a result of the rising value of the Canadian dollar and now as a sign of the onset of a US recession-may point to the start of slower GDP growth in Canada (C-DFAIT, 2008).