Canada - US Trade

Canada and the United States have long enjoyed a close trading relationship, and several factors, from NAFTA to geographic proximity and similar business environments, will combine to ensure that the relationship remains economically important to both partners.

Despite the economic, social and political similarities between the US and Canada, relative to other trading partners, it is prudent and appropriate to remember that the two countries are very much "international markets" in terms of the risks and challenges related to doing cross-border business. TD Global Trade Finance (GTF) can assist in assessing the risks, recommending solutions and acting as an advisor through the course of your transactions.

In Canada-US trade, it is not uncommon for financing to be involved (e.g.: a seller agrees to payment 60 days after delivery). In such instances, while the payment risk is relatively low, cashflow needs may motivate a seller to seek immediate access to funds through discounting, Receivable Monetization or Forfaiting. These trade finance techniques can be discussed in detail if they are appropriate to the circumstances.

Trade between Canada and the United States often involves the provision of goods and/or services to Public Sector (Government) Clients, through tenders or special trade agreements. TD GTF has extensive experience in this area, and maintains several key relationships related to this special category of international trade.

Engaging in, or exploring trade opportunities between the US and Canada is often an initial step for businesses seeking to expand internationally.