The Globe and Mail reports in its Friday edition that former Australian foreign affairs minister Julie Bishop says Australia and Canada should consider a trade agreement to deepen economic ties. The Globe's Steven Chase quotes Ms. Bishop saying, "Australia and Canada have economies that mirror each other in so many ways." She cited both countries' resource industries, including mining and energy. Ms. Bishop is co-chair of the Australia-Canada Economic Leadership Forum event taking place in Toronto next week. The forum seeks to identify areas where Australia and Canada can work more closely on matters such as trade and investment, global security, foreign policy, economic growth and education. Australia and Canada have so much in common, The Economist last month imagined they could easily comprise a single country called Ozanada. "Both export their rich natural resources around the planet. And both are magnets for immigration," The Economist noted. "Their worlds of business, too, are near-identical. Macquarie, an Australian financial group, is the world's largest infrastructure-investment manager. Brookfield, a Canadian peer, is the runner-up." In fact, Brookfield increased its presence in Australia this year.