North American Free Trade Agreement (NAFTA) Spells Economic Development For Canada

Abstract

Creating opportunities is smart trading within new and traditional markets to capture an increased share of global trade, technology and investment flows. Due to the situation in Canada, we need access to other countries and fair rules of the road. Trading smarter is improving ability to compete and capitalizing on new opportunities in international markets created by the FTA and NAFTA. Canadian goods, services and capital will gain barrier free access to Mexico and the United States. NAFTA gives Canadian manufacturers greater flexibility and provides better access to governments goods, services and construction within the three countries. The three countries establish their joint ventures and strategic partnerships. NAFTA is also encouraging local firms to participate in trade fairs and exhibitions. NAFTA should be viewed as an opportunity to bring new investments into communities and provinces in order to keep our key competitive advantages.