EU Trade Pact Positive Move
(Livio Di Matteo – Winnipeg Free Press)
Canada is negotiating the Comprehensive Economic and Trade Agreement with the European Union. The recent stirrings of public debate over what the CETA might mean for municipal public procurement in Canada, or drug prices, brings back memories of the Canada-U.S. Free Trade Agreement of the 1980s. [...]
Will the CETA have an impact on Canada’s economy? The answer is yes, but the effects should be largely positive. One can expect that, like the FTA, there will be economic adjustment that generates winners and losers, but that over the long term, there will be economic growth and employment generated from diversifying our trade. Moreover, reducing our dependence on the U.S. market will actually create greater economic stability for our economy. Read more here.
Date: May 21, 2012