Nafta:Benefits to Canada

Benefits to Canada Canada's goals in the negotiation of NAFTA were very simple. They wanted to improve their access for their goods and services to Mexico and the United States. Canada wanted to guarantee their position as a prime location for investors seeking to serve all of North America. The NAFTA deal has realized these objectives set by Canada and will supply Canada with a new and sharper edge to their international competitiveness. The agreement …

…it. There are many advocates of free trade. Since NAFTA was introduced, a plethora of companies have left Canada and relocated in Mexico. This loss of jobs in Canada might force Canadians to become more innovative and entrepreneurial. These new ventures will require new technology, new investment, new capital and new infrastructure. These new innovations could only improve Canada's global competitiveness. In comparison to other industrialized countries, Canada spends considerably less on research and development.