Friday, 10 August 2012
US Retailers Invade Canada: Why?
For Canadian consumers this is a win-win situation, but not so much for the manufacturing industry. Although the North American Free Trade Agreement (NAFTA) is often shunned by US politicians, there remains very little doubt that it has opened up markets north of the border for US companies. When the original free trade agreement between Canada and the U.S. was negotiated and eventually ratified by both countries, it became part of an emotional debate in Canada. Opponents to free trade were fearful that Canada was giving up its sovereign status. Those in favour of free trade rejected the fears, arguing that it was the only way to move to a healthy market economy. Full Story @allvoices.com