Free Trade and Canada: 15 Years Later
Free Trade and Canada: 15 Years Later. Concludes that free trade has promoted a more modern and productive Canadian manufacturing sector, which has helped sustain well-paying jobs in that sector. There is also evidence, Daniel Schwanen says, that it has been beneficial to employment and incomes in Canada in many trade-related services. Schwanen nevertheless says that in spite of these positive effects, Canada?s adjustment to the competitive North American economy continues to be a concern. He thus calls for strategies toward North American integration that reflect the complementary nature of trade, services, investment and migration flows. And, citing innovations and smarter taxes as cases in point, he calls for domestic policies that are properly adapted to this integration.
By Institute for Research on Public Policy, Canada.