Since the signing of the North American Free Trade Agreement, which consolidated the close ties between Canada and the USA, significant changes have taken place in both countries. In addition, Canada’s cement producers have witnessed a changing production base and lower domestic sales in the last few years. By Rob Roy, ROI Economic Consulting, USA.
The size of Canada compared to the United States can be roughly described as “one-tenth” in many respects, including economics, demographics and the cement industry. For example, Canada consumed 8.5Mt of cement in 2016 versus 91.5Mt for the USA. Canada’s 2016 population was 36.6m compared to America’s 323.1m. Having the longest border between any two countries in the world at 8892km (5525 miles), these two North American countries are natural and large trading partners. The North American Free Trade Agreement (NAFTA), implemented in January 1994, further solidified their close ties.
