We need to push for a renewal of the spirit of internationalism that served so many countries well for decades. And we need to make sure that the benefits of open trade are shared fairly within and across economies. With COVID-19 accelerating the digital economy, rules for digital trade and competition are more critical than ever.
This also highlights the urgent need for a concerted, internationally coordinated effort to improve the ability to measure the digital economy. This is a priority for Statistics Canada, but much more work remains, and success will require cooperation across countries.5 Products for our markets As much as geographic diversification remains important, it’s not going to be easy or happen quickly.