EST. 1903 - Presenting global influential leaders from business, labour, education & government through events
Listen to Podcast
Watch Live Webcast
The speeches are free of charge but please note that the Empire Club of Canada retains copyright. Neither the speeches themselves nor any part of their content may be used for any purpose other than personal interest or research without the explicit permission of the Empire Club of Canada.
The speaker begins with several statements, the first of which is: "We do not have free trade with the United States." More statements, an explanation as to why the speaker makes those statements, and a detailed discussion follow. Defining a free trade agreement. Example of free trade agreements elsewhere. How this differs from FTA and NAFTA. Compromises reached by Canadian and U.S. negotiators at the eleventh hour. Negotiating common trade rules. Implications of the U.S. non-commitment to do so. How the U.S. political system and special interest groups factor into the NAFTA. The Canadian government's unwillingness to recognize the reality of the agreement. A demonstration of the problem using the steel sector as an example. The Canada-U.S. Auto Pact as an illustration of the degree to which the Canadian and U.S. economies are integrated. Crucial differences in the application of major Canadian and U.S. trade laws that stack the deck decidedly against Canadian interests. How the Stelco Group of Businesses manages the process. Meeting rigid demands imposed by the U.S. Where does Canada go from here? An available option open to Canada to create more of a level playing field for Canadian manufacturers. Problems created by imbalance. An urging by the speaker to make representations to the federal government to bring the application of Canadian trade laws into line with that of our NAFTA partners.