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



Contributed By

Article Rating

 (0 votes) 



    You need to be a member and be logged into the site, to comment on stories.

    Latest Editorials

    more articles »

    Your Voice

    To post to the site, just sign up for a free membership/user account and then hit submit. Posts in English or French are welcome. You can email any other suggestions or comments on site content to the site editor. (Please note that Vive le Canada does not necessarily endorse the opinions or comments posted on the site.)

    canadian bloggers | canadian news