EST. 1903 - Presenting global influential leaders from business, labour, education & government through events
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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 issue of the establishment of a free trade area with the United States. Canada at a critical juncture: the fourth time in the past 150 years that it has grappled with the issue of free trade with the U.S. The acknowledgement that Canada cannot remain resource-driven and insure the maintenance of a superior quality of life for Canadians. The need for a reliance on a larger domestic market to establish the competitiveness of its manufacturing sector. Free trade with the U.S. as a window of opportunity for Canada. Affects of the terms of trade. A discussion of international commodity markets. The fundamental and critical question of how Canada should respond to a deterioration in our terms of trade. The need for a less obvious solution and a consideration of that solution. Becoming competitive. Debunking some myths with a discussion of each: Direct foreign investments should increase, not decrease; The threat from contingent protection actions on the part of the U.S.; The removal of barriers to trade across Canada. Putting things in perspective: looking at the Macdonald Commission findings. Short-term costs and long-term benefits. The importance of over-all benefits. Some positive short-term effects. Learning some lessons about growth. Some remarks on the cultural and sovereignty arguments. A rise to the challenge by the Canadian business community. Leadership as a critical factor. Disseminating the facts and ensuring a debate. Designing ways and means to smooth the transition. Similar challenges faced by the Toronto business community. Making contributions to a new National Policy.