NAFTA replaced the existing CUFTA (Canada United States Free Trade Agreement). CUFTA negotiations began in 1986, the agreement was signed January 1, 1988 and came into effect one year later, on January 1 1989. (Campbell et al., 1999) Negotiations continued and NAF

Economic growth has been a major factor of NAFTA. “Since NAFTA entered into force, the Canadian economy has grown by an annual average of 3.8%, keeping Canada in the lead among the G-7 countries. This healthy growth has translated into the creation of close to 2.1 million jobs, representing an increase of 16% over pre-NAFTA employment levels.” (1) Overall, free trade has boosted employment in Canada. With the implementation of new jobs Canada has documented substantial growth in their exports, and a significant portion of total job growth has been export related. With the growth of so many jobs … Not only has NAFTA provided the Canadian economy with more jobs, but it has opened the door for all tariffs to be eliminated between the three countries (Canada, U.S, and Mexico).

Certainly, from an economic stand point Canada overall has seen the brighter side of things, with an increase in jobs, increase in health and safety standards, and overall economic growth. Free trade has been so beneficial to our Canadian economy that we see the Europeans copying what Canadians and Americans have been doing for over ten years, trying to incorporate their own free trade agreement.

NAFTA was introduced into the Canadian economy with the best intentions in mind. Many people blame flexible work, lean production and job loss on free trade; however, there are many other factors that affect these things as well. As technology advances jobs are not lost but rather more jobs are created. Jobs are being lost in the manufacturing industry due to the fact that now there are machines, which can replace the workers; however, jobs are being created for those people to operate the machines that replace their job. Technology advances and replaces the need for many workers, but in turn it creates jobs. One thing is clear about the work culture of the new millennium: nearly all work is now short-term, frequently even careers themselves. The average job is only about three to four years now, a rather dramatic change from 15 years ago when the average was about 10 years. The reason for this is not that people have a job for four years and are then deemed unemployed, but rather that there are a lot of people moving around in the job industry,

Improved access to NAFTA markets has increased Canada’s attractiveness to foreign investors. The global flow of foreign direct investment (FDI) has

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