Although Canada calls itself a trading nation, it is apparent that a multitude of factors limits the country’s participation in global imports and exports. One of the causes of Canada’s inefficiency in the development of global trading relationships is the government’s failure to cooperate with the private sector. On the one hand, Canadian institutions have been rather efficient at facilitating international trade agreements, which created a legitimate and clear framework for the country’s corporations to conduct business. Since the United States is essentially the most important trading partner of Canada, the creation of the North American Free Trade Agreement (NAFTA) could be considered a success (Office of the United States Trade Representative, 2019). NAFTA provides Canadian exporters with access to lucrative markets of the U.S. and Mexico, protects investors, as well as secures the best prices for Canadian consumers. As a result, Canada’s economy has become more productive, which is directly attributed to the existing trade relationship with the United States. Despite the benefits of trade with the U.S., there are numerous issues related to Canada’s growing dependence on a single market. The government fails to engage with the private sector in order to develop trade relationships beyond the United States. This is exceptionally important because of the increasing influence of Asian markets, with China, in particular, continuing to rise in the arena of international import and export. The Canadian government has developed some initiatives to facilitate trade integration and invest in business-supporting environments. Thus, with the goal of promoting Canadian global economic growth, the country’s Internal Development Agency initiated a number of private-public partnerships (P3s) in an effort to foster long-term economic advancements (Global Affairs Canada, 2019). However, P3s remain rather inefficient at engaging the private and public sectors together over a shared goal of global business development. Instead, such partnerships focus on social and community initiatives. Sweden and Denmark, on the other hand, use private-public projects to optimize supply chains, facilitate effective management of buyer-seller relationships, and to experiment with innovative economic frameworks by sharing a part of risks with private corporations. Thus, while Canada is committed to the U.S. trade relationship and social initiatives, other countries recognize the changes in the global business environment and develop mutually beneficial relationships with the private sector (Global Affairs Canada, 2019). Evidently, Canada falls behind others in terms of combining public and private efforts. Despite that, the country has immense potential to support non-governmental institutions for export promotion and utilize digitalization to cooperate with multinational corporations. The Canadian government provides the private sector with a seemingly large amount of various resources for the development of trade and international business. Authorities report that they initiate projects that foster partnerships in foreign markets and support Canadian non-governmental organizations, which participate in research and development collaborations globally (Government of Canada, 2020). Additionally, officials claim they recognize the private se