Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, announced new actions to help Canadian businesses grow while navigating the challenges of the COVID-19 pandemic in the global marketplace.
Before the COVID-19 pandemic, nearly two thirds of Canada’s economy and millions of Canadian jobs depended on international trade and investment. Rules-based international trade, underpinned by multilateral institutions such as the World Trade Organization (WTO), is essential to our economic recovery from COVID-19 and future prosperity for Canadians.
The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, yesterday participated in the Asia-Pacific Economic Cooperation’s (APEC’s) ministerial meeting on small and medium-sized businesses, focused on best practices for mitigating the impact of COVID-19 and advancing business digitalization to build the foundation for the economy of the future.
The need for Canada’s trade to be well diversified has never been more clear. As Canadian businesses confront the challenges created by the COVID-19 pandemic, the Government of Canada will continue to support the growth of established and aspiring exporters.
The Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, today hosted provincial and territorial ministers responsible for international trade for a virtual meeting. They discussed how working together to strengthen and diversify international trade relationships will accelerate Canada’s economic recovery from the COVID-19 pandemic.
Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, participated in a virtual signing ceremony alongside Indranee Rajah, Minister in the Prime Minister’s Office of Singapore, and Second Minister for Finance and National Development, to renew the memorandum of understanding (MOU) between Canada and Infrastructure Asia (InfraAsia).
The ministers talked about how open, rules-based international trade is essential for a strong and sustainable global economic recovery from COVID-19. They spoke about the importance of keeping supply chains open for essential medical goods, which is 1 of the 6 areas addressed in the recent Canada-led Ottawa Group Action Plan on COVID-19.