{"id":45425,"date":"2024-09-10T21:34:43","date_gmt":"2024-09-10T21:34:43","guid":{"rendered":"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor"},"modified":"2024-09-10T22:01:37","modified_gmt":"2024-09-10T22:01:37","slug":"international-trade-will-be-different-in-future-bank-of-canada-governor","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor","title":{"rendered":"International trade will be different in future: Bank of Canada governor"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Mauritius. <\/strong><\/span>The Bank of Canada Governor Tiff Macklem said Tuesday that international trade will be different in the coming years due to emerging major trends.<\/p>\n<p>Advanced economies are leading the slowdown in global trade, Macklem said in his speech at the Canada-UK Chamber of Commerce in London.<\/p>\n<p>&#8220;Trade in goods is slowing, while trade in services is rising. This growth is happening because services like training or technology support can now be delivered from anywhere,&#8221; he added.<\/p>\n<p>He said global trade relationships are changing, and China&#8217;s exports have been especially competing more directly with goods produced in advanced economies.<\/p>\n<p>&#8220;This has led to trade tensions and national security concerns,&#8221; he added.<\/p>\n<p>Macklem said Canada needs to be ready for the opportunities and the disruptions amid the changing trends in international trade.<\/p>\n<p>&#8220;Our export growth is slowing even though the advanced economies we trade with are consuming more,&#8221; he said. &#8220;We rely on exports for roughly one-third of our income. Imported components feed into many of our key industries, such as manufacturing.&#8221;<\/p>\n<p>&#8220;The countries producing manufactured goods are changing, geopolitical tensions have caused friction, and public support has faded,&#8221; the governor added.<\/p>\n<p><strong>For More News And Analysis About Mauritius Follow Africa-Press<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Mauritius. The Bank of Canada Governor Tiff Macklem said Tuesday that international trade will be different in the coming years due to emerging major trends. Advanced economies are leading the slowdown in global trade, Macklem said in his speech at the Canada-UK Chamber of Commerce in London. &#8220;Trade in goods is slowing, while [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":45424,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[4247,4246,241],"class_list":["post-45425","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-bank-of-canada-governor-tiff-macklem","tag-international-trade","tag-mauritius"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>International trade will be different in future: Bank of Canada governor - Mauritius<\/title>\n<meta name=\"description\" content=\"The Bank of Canada Governor Tiff Macklem said Tuesday that international trade will be different in the coming years due ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"International trade will be different in future: Bank of Canada governor\" \/>\n<meta property=\"og:description\" content=\"The Bank of Canada Governor Tiff Macklem said Tuesday that international trade will be different in the coming years due ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor\" \/>\n<meta property=\"og:site_name\" content=\"Mauritius\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-09-10T21:34:43+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-09-10T22:01:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/09\/sm_1725989360.906001.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"487\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"International trade will be different in future: Bank of Canada governor\",\"datePublished\":\"2024-09-10T21:34:43+00:00\",\"dateModified\":\"2024-09-10T22:01:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor\"},\"wordCount\":214,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/mauritius\/sites\/61\/2024\/09\/sm_1725989360.906001.jpg\",\"keywords\":[\"Bank of Canada Governor Tiff\u00a0Macklem\",\"international trade\",\"Mauritius\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor\",\"url\":\"https:\/\/www.africa-press.net\/mauritius\/all-news\/international-trade-will-be-different-in-future-bank-of-canada-governor\",\"name\":\"International trade will be different in future: Bank of Canada governor - 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