International Trade in Environmental Goods and Services: A Canada - U.S. Comparison

Often identified as an emerging sector, the environment industry continues to evolve into a complex industry that offers a wide range of technologies and services aimed at protecting the environment and improving environmental quality. This paper analyses Canada's trade in environmental goods and services and compares it with the trade profile of the world's largest environmental market, the United States. What is Canada's trade balance among the different segments of the environment industry? What are the market drivers for environmental goods and services? The relevance of this research is magnified by the current focus on environmental technologies and their key sub-sectors such as climate change technologies, water and wastewater systems and hazardous waste management. The government recently identified these sectors as targeted growth areas for Canada.