In Export Development Canada’s most recent Trade Confidence Index, concerns over how the world’s record number of elections could impact the economy wasn’t on the radar for most Canadian exporters.

The Top 5 risks identified in our year-end survey, included concerns of a deep global recession, followed by supply chain constraints, a financial crisis in the United States, an emerging market debt crisis and labour constraints. Conspicuous in its absence was the risk of policy uncertainty, as half of the world’s eligible voters head to the polls in 2024, across more than 60 countries.

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