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Why Isn’t the Free Trade Era Delivering Better Jobs?

Posted April 24, 2015

Under Economic Issues, International Trade Issues

(Jordan Brennan – iPolitics)

With the 2015 federal election fast approaching, Canadians can expect a lot of loud government messaging about its ‘sound economic management’, including some trumped-up claims about how joining more — and ever more elaborate — trade and investment liberalization agreements will boost Canada’s national prosperity.

And now that the federal NDP seems to be recoiling from criticism of new trade and investment deals, the Harper Conservatives will be free to exaggerate — even fabricate — the benefits of Canada’s quarter century-long experiment with ‘free trade’. The only opposition the government will face on this file are the facts.

Far from spawning higher levels of investment and GDP growth, Canada’s great era of trade and investment liberalization — which began with the Canada-U.S. Free Trade Agreement in 1988 — has been marked by underinvestment and sluggish growth in both employment and GDP. Click here to read more.