Sentences with phrase «per cent of our exports»

Currently, while 99 per cent of Canadian businesses are MSMES, only 12 per cent engage in export activities with only one per cent of those exports going to Asia.

Mr. Poloz: But the fact is that the economy was going through a very rough period and lost 40 per cent of our exports, those kinds of things.

As some 88 per cent of the total exports of Canadian small businesses and 96 per cent of the exports of medium - sized businesses go the U.S., the overall negative impact on jobs and the economy could be dramatic.

The upturn in global electronics demand has also aided the recovery in Asian exports — particularly in South Korea, Malaysia and Taiwan, where electronics account for 20 — 30 per cent of production and 30 — 50 per cent of exports.

The meetings, which were organized by Canadian Manufacturers and Exporters and the Canadian Manufacturing Coalition, focused on raising the profile of issues critical to driving investment in manufacturing and growing the sector that accounts for $ 287 billion in provincial GDP and 81 per cent of exports in 2014 despite challenges stemming from the economic downturn.

Commodities still make up 65 per cent of our exports but manufactured goods and tourism are increasingly important.

About 70 per cent of exports are directed to the three largest export markets in the United States, Korea and Japan.

The EU remains China's biggest export market (17 per cent of its exports) and China is now the EU's second biggest (9 per cent).

Oil accounts for 98 per cent of exports and 80 per cent of the countries fiscal revenues.

He proposed to limit debt service payments to 10 per cent of export earnings and refused to pay the IMF the arrears it asked for.

It was estimated that remittance accounted for 35 per cent of export earnings and are the country's single largest source of foreign currency.

The U.K. is Canada's third - biggest trade partner after the United States and China, yet it represents only about three per cent of exports.

However, its economy is highly reliant on oil and gas and as such, only around 20 per cent of exports are made up of higher technology products.

Not exact matches

Household purchases account for 57 per cent of Canadian GDP, a rising share of economic activity since the Great Recession of 2008 because business - to - business purchases, business investment and exports haven't found their mojo since.

Idaho's exports to China totalled $ 560 million in 2015 — an increase of more than 16 per cent from 2014 that makes China the second - largest export market for Idaho.

Belarusian Potash Co. supplied about 42 per cent of the world's potash exports before it broke up and sent prices to a four - year low as major buyers like China and India waited to see how far prices would fall.

Mid-tier iron ore miner Mineral Resources has increased its full - year net profit by 28 per cent to $ 231 million, with the help of a 93 per cent increase in iron ore export volumes.

Ninety - seven per cent of Canadian oil exports now go to the U.S.

Exports from Canada to the U.S. could be subjected to a maximum tariff of 3.5 per cent under the World Trade Organization's «most favoured nation» provision, to which Canada would almost certainly respond with its own tariffs on imports from the U.S. «For Canada, under WTO rules, we'd have to put up barriers with the U.S., and the retaliation would be one of the biggest sources of negative impact for us,» says Dan Ciuriak, a former deputy chief economist with the Department of Foreign Affairs and International Trade.

Canada is the United States» largest foreign provider of steel and aluminum, with about 85 per cent of Canadian exports being directed to that country.

On the other side of the ledger, exports fell 2.1 per cent in January to $ 45.8 billion as seven of 11 sectors slipped lower.

The CCPA report also pointed out that 41 per cent of Canadian exports enjoy MFN rates of zero.

«They'll export, they'll pay the minimal duty, and see that as a cost of doing business in the U.S.» That sense of business as usual extends to Canada's energy sector, which accounted for 16 per cent of total U.S. - bound exports in 2016.

The bank projects that Canada's GDP will be 0.3 per cent lower by the end of 2020 due to the negative impacts on exports.

The loss was largely due to a $ 916 million impairment charge on its long - lived assets, stemming both from a major tax and export dispute between its 64 - per - cent owned Acacia Mining and the Tanzanian government, and the partial writedown of its Pascua Lama project after the Chilean government ordered it to close all surface facilities.

Curtin accounts for almost 60 per cent of WA's export in education, and one in every three of its 20,000 students is from overseas.

Canada receives half of all American steel exports, while the U.S. receives 90 per cent of Canadian steel exports, the association said.

We produce a vehicle every 14 seconds, that's 2.3 million vehicles a year, and 95 per cent of them are exported to the U.S.

Canada exports to the U.S. 90 per cent of the 3.2 - million tonnes of aluminum it produces annually, which represents two thirds of America's total aluminum imports.

Steady growth of 7 per cent in export earnings has demonstrated the strength of the mineral resource and energy sector in Australia.

WE ARE continuing to see good news on the export front for Western Australia with the value of our exports nearly double that of any other State.Western Australia's exports grew by a strong 42.8 per cent in the three months to August, 2000, compared wit

Economic activity decreased in several categories, including business investment, exports, construction and — most of all — the important resources sector, which sank 2.7 per cent compared to the previous quarter.

The central bank, which kept its rate at 1.25 per cent Wednesday, said slower first - quarter growth of about 1.3 per cent was largely a result of housing markets» responses to stricter mortgage rules and sluggish exports.

Records from the Vancouver Fraser Port Authority show that 94 per cent of the 6.6 - million tonnes of thermal coal exported through the Port of Vancouver in 2016 came from the United States.

Exports have never been a big part of the U.S. economy, they make up 10 per cent of GDP, less than half the slice of the pie they account for in Canada.

Chinese export growth did slow towards the end of last year, but only from around 30 to around 25 per cent, and, in any case, the bulk of China's growth is being driven by domestic demand.

We helped limit raw log exports, launched the British Columbia Community Forest Association and used the Softwood Lumber dispute to reallocate 20 per cent of logging tenures across B.C.

Canada exports 63 per cent of its oil production and 56 per cent of its natural gas, percentages that can never decrease under NAFTA.

Canadian clean energy companies developing technology for export are seeing a 25 per cent cost advantage because of the dollar's fall.

We know that sales by Canadian - owned foreign affiliates now exceed total exports from Canada, approaching 30 per cent of GDP.

It raised the penalty for exporting lumber to the U.S. from a combined rate of 10.8 per cent to 15 per cent; it also hit Canada with the so - called «surge mechanism,» designed to discourage investment in Canadian sawmills.

The US export sector is getting the benefit of a lower dollar; there's a significant fiscal package in the pipeline, which will add more than 1 per cent of GDP to private spending power; and sharp cuts have been made in US official interest rates, with financial markets expecting more to come.

While the U.S. Department of Agriculture forecasts Canadian exports of skimmed - milk powder are poised to grow 13 per cent in 2018, the nation's shipments account for less than 4 per cent of world trade.

«The TPP will provide increased and privileged market access for Canadian exports, services and investments in one of the world's most dynamic economic regions, which represents nearly 40 per cent of the world's economy,» said Iain Black, President and CEO of The Vancouver Board of Trade.

Export volumes stood 5.0 per cent below their pre-recession peak at the end of 2013.

Perhaps the biggest one is that the market for the bulk of Canada's exports, amounting to about 25 per cent of Canadian GDP, namely the United States, is currently very weak.

Exports to China are about 2.6 per cent of Australia's GDP.

RBC Transaction Banking has a leading market share among Canadian banks for export letters of credit coming into Canada, and is used by 80 per cent of the world's top 20 banks for standard settlement in CAD.

Canadian seafood exports to China in the first half of the year grew by 11 per cent compared with the same period last year.

Although this effect is very uncertain, we have incorporated a shock of minus 0.3 per cent by the end of 2018, which is about half of our revision to the export outlook.