Alook at nafta

It can be argued that The NAFTA pact has had a very positive impact on Canadians. This pact was created to benefit large corporations in Canada so they could compete with American companies. It was also created so large American companies could build subsidiaries plants in Canada to create jobs. Most transitional corporations are now opening and closing its doors solely on the basis of economic efficiency. Now that companies do not have to pay to import and export most products from Canada to the U.S.A. it is now more cost efficient to run a company in Canada . The positive aspect of keeping businesses in Canada is that the unemployment rate will remain low. Over the past few years Canada’s economy has been booming compared to what it was like before free trade. Over the past ten years Canada’s exports to the States has increased over 170 % and the American exports to Canada has increased by almost as much meaning that were doing a lot more business . Under NAFTA Canada’s import industries are becoming more important all the time. Canadian exports before free trade accounted for about 23% of the GDP while now it represents about 40% meaning exporting is creating a lot more business opportunities . In the 1990’s Canada eventually got out of its recession thanks to NAFTA. During the same period The United States had an economic boom where most of its businesses were doing well and because Canada was a new economically smart trading partner those companies chose to do business here creating more jobs and good times here as well.

Some people think that the NAFTA Pact has had a negativ

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