"The world economy has effectively lost its sugar daddy." this is how Douglas Porter from BMO views the economic malaise that is underway in the United States. See the link below for the full article in the Edmonton Journal.
http://www.edmontonjournal.com/Business/sugar+daddy+save+banker/1497637/story.html
Past growth for most Canadian businesses were in some way tied to the United States. Today these traditional growth models lay in ruin. It was all to easy to just look south for our growth. In fact we were blinded by this ease and now we are miles behind other nations when it comes to building growth models from other markets. Today China represents the best growth opportunity for many Canadian organizations. Just read the front page of the latest Edmonton Chamber of Commerce news letter titled “Sino-Canadian Trade Potential” for the latest opinion on the matter.
So, does your business have its China strategy yet?
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