
Panoramial view from YVR Control Tower of the international and domestic bays taken personally by myself.
The future for Canada’s economy is taking a more and more interesting turn. In relation to my last post about the declination of Canadian economists’ interest in the Canadian economy, the government is also taking steps to become more globalized. What I find even more ironic is that Canada’s global exports fell from 4.5% in 2000 to its current 2.5% despite so much Canadian attention on the international market.
However, Ottawa seems extremely determined that international trade is the way to boost the Canadian economy and I personally agree with this international movement. Not only is Harper visiting Malaysia to “lay the ground work for future trade agreements”, the Canadian airspace is also taking a step towards globalization. Similar to the idea of the airspace becoming increasing congested due to population growth and increase in international trades from my previous blog, our local airport here, YVR International is also reflecting that evolution. With new agreements between Air Canada and Air China and the opening of Canadian flights into Haneda International in Japan, I find this extremely exciting as the world becomes more and more interconnected.
YVR still has potential for growth and I predict that this extra boost in on the business side of aviation is just the start of technological advancement and increase in travel efficiency. Canada’s economy, specifically the aviation field is getting increasingly interesting as the world gets more and more interconnect. I cannot wait to see what new trades and agreements YVR has in store for the world!