Did This Historic Trade Deal Help Canada No

Posted on Monday, October 15 at 20:26 by NAUWATCH

There’s no denying that foreign trade has been the biggest drag on Canada’s economic performance in recent years. Our exports (in real terms) are smaller than way back in 2000, and our balance of payments is mired in record deficit. So it was especially ironic last week to watch business and Conservative leaders pull out the stops to toast the silver anniversary of the Canada-U.S. free-trade agreement.

Only “free-trade deniers” could possibly question the historic virtue of that deal, claimed a bellicose Ed Fast, the International Trade Minister. Curiously, the only thing missing from the chorus of self-congratulation was cold, hard data. Let’s step back from the rhetoric and consider some concrete indicators of our North American trade performance, then and now.

read full article http://www.theglobeandmail.com/commentary/did-this-historic-trade-deal-help-canada-no/article4593360/?cmpid=rss1

 

 

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