Canada trade diversification

Ottawa (Rajeev Sharma): Air Canada is witnessing a sharp rise in overseas corporate travel as Canadian businesses increasingly look beyond the United States to expand trade ties, a senior company executive said on Friday. The Montreal-based carrier has recorded nearly a 30 per cent increase in corporate traffic on long-haul routes across the North Atlantic, with growing demand for travel to Europe and the Asia-Pacific region. Chief Commercial Officer Mark Galardo said the trend reflects Canada’s efforts to diversify its trade partnerships and reduce reliance on the U.S. market. The country’s largest airline expects this shift to support strong international…