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Beginning of Paper
Free Trade Agreement and Its Affect on Canadian Business

With the coming of the Free Trade Agreement (FTA) there have been very serious implications for Canadian business and for that matter, Canada as a whole. Many aspects of the previous economic climate have changed such as the reduction or eliminatation of t ....

Middle of Paper
.... to the other industrialized western nations we lag far behind in nearly all areas. Take for example R&D. In 1990 Canada spent approximately 2.1% on R&D. Japan spent 5.6% and Germany 4.8% Even the US spend more at 3.1%. Given these statistics, it will be very difficult for Canada to compete in any form of new technology if all parties are on a level field with less protective trade barriers. Another reason for a dire need for an increase in efficiency is the trade relationship we are currently involved in. While countries in say the EEC ar ....

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