TORONTO, Sept. 23 /CNW/ - Canada should be prepared to address a rising
chorus of complaints about the North American Free Trade Agreement (NAFTA) in
the United States and at home with a fresh, primarily bilateral Canada-US
approach, according to a report released today by the C.D. Howe Institute.
Still Amigos: A Fresh Canada-US Approach to Reviving NAFTA is co-authored by
Canadian international policy specialists Alan S. Alexandroff and Krista
Lucenti, and Washington-based Gary Clyde Hufbauer. They say mending the pact
should be a central trade policy goal for Canada and the US.
The authors are emphatic that job losses in American, or indeed Canadian,
manufacturing cannot be traced back to NAFTA. In fact, NAFTA has been a
source of productivity increases and is one of the anchors of the continental
economy. The study proposes a distinct Canada-US collaborative strategy for
updating NAFTA, which builds on mutual incentives in energy security and
environmental sustainability. There are four areas where greater Canada-US
cooperation is desirable and where the authors believe the incentives favour
updating: energy, water, climate change, and the side accords on the
environment and labour. The authors also propose positive changes to NAFTA's
treatment of investor rights and dispute settlement provisions.
The Commentary is available at: LINK
For further information:
For further information: C.D. Howe Institute, (416) 865-1904, Email