• The 15-percent appreciation of the Canadian dollar against the U.S. dollar in the latter half of 2003 made Canadian manufactured goods more expensive in the U.S. market, and U.S. goods more competitive in Canada.

• Competition with imports from China continued to erode Canada’s share of the U.S. market for telephone and computer equipment.

• U.S. trade deficit: Increased by $7.3 billion (11 percent) to $75.3 billion

• U.S. exports: Increased by $6.2 billion (4 percent) to $148.7 billion

• U.S. imports: Increased by $13.5 billion (6 percent) to $224.0 billion

USITC PUBLICATIONS

International Economic Review

Closer Integration Between Canada and the United States?

A Decomposition of North American Trade Growth Since NAFTA

OTHER GOVERNMENT RESOURCES

U.S. Department of Energy, Energy Information Administration

Country Analysis Brief - Canada

U.S. Department of State

Background Note: Canada

USTR

2004 National Trade Estimate Report on Foreign Trade Barriers - Canada

Canadian Department of Finance

Economic and Fiscal Information

Industry Canada, Canada's Business and Consumer Site

Economic Analysis and Statistics

Canadian Department of Foreign Affairs and International Trade

International Trade Canada