Free trade agreements: YC23-0/421-7E-PDF
a tool for economic prosperity /
“In advance of parliamentary reviews of legislation that would implement FTAs recently signed by Canada, the Standing Senate Committee on Foreign Affairs and International Trade (the “Committee”) undertook a broad study of FTAs, in the course of which witnesses discussed the benefits and challenges for Canada that result from various aspects of these agreements. During the study, witnesses commented on the importance of international trade to Canada’s economy, and underscored that FTAs are critical tools for Canadian businesses to compete and succeed globally. They highlighted, for instance, that FTAs provide these businesses with expanded, diversified and more predictable market access, and help to ensure businesses’ ability to compete on a level playing field with their international competitors. In addition, some witnesses noted the existence of research that links the existence of FTAs to enhanced productivity and innovation in Canada’s economy. Witnesses also observed that FTAs help businesses to take advantage of global economic developments, including the rise of global value chains. According to the Committee’s witnesses, the increased interconnectedness among trade, investment, services and intellectual property that is associated with these value chains requires the negotiation and implementation of FTAs that contain provisions on a wide range of trade-related issues"--Executive summary, p. vii.
|Department/Agency||Senate. Standing Committee on Foreign Affairs and International Trade.|
|Title||Free trade agreements|
|Subtitle||a tool for economic prosperity /|
|Series Title||Report of the Standing Senate Committee on Foreign Affairs and International Trade ;|
|Publication Type||Series - View Master Record|
|Other Language Editions||[French]|
|Electronic Document|| |
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|Note||Issued also in French under title: Les accords de libre-échange : un levier de prospérité économique. Cover title. “February 2017.”|
|Number of Pages||xv, 57 p.|
|Subject Terms||Free trade agreements, Government policy|
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