August 1, 2020
Robert Asselin's perspective on broader economic trends resulting from COVID-19 business impacts was featured in a column by the Globe and Mail. He shares that ...
Canadians do business in every corner of the globe, but geography alone means that our economic strength always will depend disproportionately on North America. The Business Council of Canada championed the idea of a comprehensive free trade agreement with the United States in the 1980s and subsequently the North American Free Trade Agreement (NAFTA). The economic success that has flowed from these two initiatives on its own is persuasive evidence that we should continue to build on their foundation.
In the current context of debates around our trade agreement, it’s important to highlight Canada’s positive economic impact on the United States. The Business Council of Canada designed this interactive map to help citizens on both sides of the 49th parallel to better understand this dynamic. It provides a national, state, and congressional-level view of Canadian investments and business activity in the United States, demonstrating the importance of a strong partnership.
Since NAFTA took effect a quarter century ago, trade and investment between Canada and Mexico have blossomed. This mutually beneficial partnership has generated millions of new jobs while providing our citizens with access to a wider range of high-quality and competitively priced goods and services. Together with the United States, Canada and Mexico have forged a remarkably close and productive relationship, positioning North America as one of the world’s most economically dynamic regions.