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Free Trade Agreement and Its Affect on Canadian Business Free Trade Agreement and Its Affect on Canadian Business

With the coming of the Free Trade Agreement (FTA) there have been very serious implications for Canadian business and for that matter, Canada as a whole. Many aspects of the previ ....

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.... labour costs and expansion, there is much that must be done. Compared to the other industrialized western nations we lag far behind in nearly all areas. Take for example R&D. In 1990 Canada spent approximately 2.1% on R&D. Japan spent 5.6% and Germany 4.8% Even the US spend more at 3.1%. Given these statistics, it will be very difficult for Canada to compete in any form of new technology if all parties are on a level field with less protective trade barriers. Another reason for a dire need for an increase in efficiency is the trade relationshi ....

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