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International Trade

A New Accommodation with the United States: The Trade and Economic Dimension

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A New Accommodation with the United States: The Trade and Economic Dimension. The author, the Simon Reisman Chair in Trade Policy at the Norman Paterson School of International Affairs, argues that it is now time for Canada and the United States to take co-operative steps to enhance the security and prosperity of their citizens. The options are clear according to Michael Hart. ?Canada and the United States need to take deliberate steps to bring the architecture of their relationship into line with the challenge and fact of deepening interdependence as well as with the political and security realities ushered in by the events of 9/11,? he writes.

 

By Institute for Research on Public Policy, Canada.

International Trade Policy Resource.


Free Trade and Canada: 15 Years Later

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Free Trade and Canada: 15 Years Later. Concludes that free trade has promoted a more modern and productive Canadian manufacturing sector, which has helped sustain well-paying jobs in that sector. There is also evidence, Daniel Schwanen says, that it has been beneficial to employment and incomes in Canada in many trade-related services. Schwanen nevertheless says that in spite of these positive effects, Canada?s adjustment to the competitive North American economy continues to be a concern. He thus calls for strategies toward North American integration that reflect the complementary nature of trade, services, investment and migration flows. And, citing innovations and smarter taxes as cases in point, he calls for domestic policies that are properly adapted to this integration.

 

By Institute for Research on Public Policy, Canada.

International Trade Policy Resource.


Modernizing Canada's Approach to the Global Marketplace - Getting Governance Right in Trade Policy

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Modernizing Canada's Approach to the Global Marketplace - Getting Governance Right in Trade Policy and Management. While Canada?s exports have grown to half of the country?s nongovernmental output under the Canada-US Free Trade Agreement and the NAFTA, Ottawa?s governance structures neither reflect nor reinforce the primordial importance of trade policy and trade markets in Canadian public policy. The Department of Foreign Affairs and International Trade continues to prioritize diplomacy over trade, to the detriment of Canada?s trade relationships, especially with the United States, and the development of new ones, particularly in the exploding Asian markets of China and India, where Canada?s share of trade has actually declined. Paul Stothart, a former policy advisor to the minister of International Trade, examines Canada?s institutional frameworks and concludes it?s time for reform of the governance structure to improve the responsiveness of the system, enhance Canadian competitiveness and target new markets.

 

By Institute for Research on Public Policy, Canada.

International Trade Policy Resource.


Trade as Aid

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Trade as Aid. The Canadian government has proposed removing all duties and quotas on imports from least developed countries, which now face astonishingly high tariffs on their key exports such as textiles and apparel. Ottawa?s proposal is good policy: increases in exports spur development and reduce poverty, particularly among women. The removal of tariffs and quotas is likely to reduce poverty in a number of the poorest Asian countries, send a largely symbolic message to the poorest African countries and perhaps improve their living standards in the longer term, and lead to lower prices and a more productive economy for Canadians. In short, in giving aid through trade, Canadians and the world's poor alike will benefit from this small step along a longer-term path of opening Canada's markets to all developing countries. "Trade as Aid: Freeing Access to Canada's Markets for the World's Poor" by Danielle Goldfarb is published by the C.D. Howe Institute.

 

By C.D.Howe Institute, Canada.

International Trade Policy Resource.