Canada and u.k .,

canada economy: This is potentially a bigger deal if this is a first step into a reversal of globalization, he told a panel at the Toronto Region Board of Trade, according to Toronto Star. Though Canada shares similar cultures to the U.S. and U.K., it does not share the protectionist streak displayed by those allies, he said. By Sunny Freeman Business Reporter Tues., July 12, 2016 Canada is less susceptible than some of its international allies to the anti-globalization forces that have created Brexit and a potential U.S president Trump, experts in a panel discussion suggested Tuesday.CIBC economist Andrew Grantham said the trade and investment impact of Brexit — the U.K. decision to exit the EU — on Canada economy will likely be small, but consequences could be much greater if the anti-globalization sentiment is the start of a broader trend. Canada hasn't seen the same sort of fiscal tightening, which is increasing inequality and leaving people behind. Article Continued Below Further, he added, Canada social safety net has helped to ensure no Canadian is left behind by the deeper integration of global economies. Nor has it seen a decline in real wage growth or anti-immigration sentiment that is behind a backlash in the U.K. and the U.S., he said. (www.immigrantscanada.com). As reported in the news.