Reduce Trade Deficits Dramatically, Creating More Wealth in Canada
Imports & Exports
Trade with China
Canada Exported $17.5 Billion in U.S dollars in 2019
Canada Imported $49.8 Billion in U.S Dollars in 2019
This Resulted in a Trade Deficit of $32.3 Billion Dollars in 2019
These Trade Deficits Amount to $59.3 Billion, U.S. No small sum.
These Trade Deficits could be Reduced Dramatically, if we stopped Importing so much Crude Oil from Foreign Countries to our East Coast Refineries from both the U.S, Saudi Arabia and other countries.
At the same time Canada could export more Crude Oil from the West Coast, along with LNG Liquified Natural Gas to China.
All we need to do is Build Pipelines which creates Jobs and Wealth in Canada, while at the same time creating the opportunity to not only Reduce our Trade Deficit, but the Ability to Grow our Exports and Create a Positive Balance of Trade for the future.
This leaves more Money in Canada, and creates more Wealth in Canada, while Benefiting the world market by supplying Clean Burning LNG!!!!
