BRICS Shapes a New Global Economy as Canada Prepares to Lead

By Loredana Harsana – Watcher Guru

The BRICS new global economy is transforming international trade. That’s happening right now. And Canada stands in a rather unique position to capitalize on this shift—if it plays its cards right. Here’s what’s interesting: the bloc controls about 44% of global grain production at the time of writing, and it also represents around 46% of the world’s population. Which creates some pretty unprecedented opportunities for countries rich in commodities (like Canada).

Canada’s global trade leadership could actually emerge through strategic partnerships with BRICS members—China, India, Brazil, and others. This means diversifying beyond the traditional Western markets that are, as it turns out, facing growing uncertainty these days.