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Let Canada’s Ill-Advised Free-Trade Deal With Korea Be A Warning: Unifor

Posted July 14, 2017

Under Economic Issues, International Trade Issues


(Jerry Dias via Huffington Post)

Lots of jobs. Plenty of investment and incredible growth opportunities. Access to a growing and increasingly prosperous Asia-Pacific market, the first of many that would soon be open to Canadian companies.

Before Canada’s trade deal with South Korea went into effect two and a half years ago, these were the promises being made by Harper government officials, despite words of caution from Unifor and others.

Well, the results are in. And they are underwhelming, to say the least.

On nearly all accounts, Canada’s trade agreement with Korea has been an economic bust. In fact, the benefits of the deal have overwhelmingly favoured Korea. Click here to read more.

Related: Canada’s Merchandise Trade with South Korea (Asia-Pacific Foundation)