BY LBC STAFF
“While Canada consistently runs trade deficits with Latin America and the Caribbean, a good part of that can be explained by the private sector’s outdated perceptions of the region resulting in risk aversion as well as a lack of entrepreneurial drive on the part of Canadian exporters, particularly smaller firms,” argues Jerry Haar, a professor at Florida International University, in a column in Latin Business Chronicle.
He credits the Canadian government for its aggressive push to boost two-way trade with Latin America through free trade agreements and other measures. Canada will soon have FTAs with 28 of 34 countries in the region, Haar points out.
Case in point: While the ...