The US economic recovery is good news for its northern neighbor, most especially for the province of Quebec. The province's export market is projected to grow by 8% in 2013 and 6% in 2014, which is great news for local manufacturers and truckers.
Export Development Canada (EDC) chief Peter hall said of the group's Spring 2013 Global Export Forecast, "The U.S. buys two-thirds of all Quebec exports, and with their recovery gaining momentum through 2013, we're looking at a solid export increase after a few years of low export growth."
This will happen, in part, because U.S. housing is expected to jump by more than 30% this year and close to 25% next year-- which will result in a dramatic jump in demand for lumber and wood panels. Additionally, demand for mineral mining for steel and aluminum production will increase to supply materials for the housing market, and almost all of these raw goods will be shipped on trucks.
In fact, the Canadian Trucking Alliance (CTA) has estimated that 80% of all Canadian exports to the U.S. are delivered by truck. The Canadian trucking industry generates $65 billion each year, and employs some 400,000 drivers and support staff. 54,000 of those drivers are based in Quebec, which sends two thirds of all of its exports to the United States.
For big businesses and small, the increased demand promises to boost business in Quebec and elsewhere in Canada. To learn about shipping from Canada to the US, contact CSA.