Free Trade With the U.S.—Only in a Dream World
Publication:
The Empire Club of Canada Addresses (Toronto, Canada), 22 Feb 1996, p. 380-392


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Free Trade With the U.S.—Only in a Dream World


The speaker begins with several statements, the first of which is: "We do not have free trade with the United States." More statements, an explanation as to why the speaker makes those statements, and a detailed discussion follow. Defining a free trade agreement. Example of free trade agreements elsewhere. How this differs from FTA and NAFTA. Compromises reached by Canadian and U.S. negotiators at the eleventh hour. Negotiating common trade rules. Implications of the U.S. non-commitment to do so. How the U.S. political system and special interest groups factor into the NAFTA. The Canadian government's unwillingness to recognize the reality of the agreement. A demonstration of the problem using the steel sector as an example. The Canada-U.S. Auto Pact as an illustration of the degree to which the Canadian and U.S. economies are integrated. Crucial differences in the application of major Canadian and U.S. trade laws that stack the deck decidedly against Canadian interests. How the Stelco Group of Businesses manages the process. Meeting rigid demands imposed by the U.S. Where does Canada go from here? An available option open to Canada to create more of a level playing field for Canadian manufacturers. Problems created by imbalance. An urging by the speaker to make representations to the federal government to bring the application of Canadian trade laws into line with that of our NAFTA partners.