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In the red: Canada's deepening trade deficit with China not a big issue
Stefane Marion, National Bank's Financial economist estimates "Chinese shipments to Canada have quadrupled in the past four years — rising at a much faster pace than Chinese sales to the rest of the world, and 60 per cent faster than Chinese exports to the U.S"
``In our opinion, this development argues for more downsizing in Canadian manufacturing,'' he added.