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Canadian Free Trade Still Isn’t What It First Seems

Posted April 10, 2017

Under Economic Issues, Logistics & Supply Chain Issues

(Howard Anglin – Toronto Sun)

If you loosen a prisoner’s shackles, he may thank you for giving him more room to move, but it doesn’t make him free.

Bear this in mind when you read industry groups praising the “historic” new Canadian Free Trade Agreement (CFTA) announced on Friday by the Federal Government and the Provinces, which will come into force in time for Canada’s 150th birthday on July 1st.

Even if the CFTA ends up being marginally better than the Agreement on Internal Trade (AIT) it replaces, no one should confuse it with real free trade. The most important improvement is that, while the AIT only applied to specified sectors of the economy, the CFTA by default covers the entire national economy, with provinces having to carve out exceptions for sectors they want to keep shielded from competition. Click here to read more.

Howard Anglin is the Executive Director of the Canadian Constitution Foundation

Related: Canada’s Own Free-Trade Pact (Winnipeg Free Press)