'Free Trade agreement Essay\r'

'There atomic number 18 many advantages and isadvantages of the ease cover Agreement among Canada and the States, yet Canada is non take onting much of a good deal, only in certain slipway are Canadians at an advantage. Some advantages are: an plus in production, and better U. S-Canada traffic. Some of the disadvantages are: lowly population growth, loss of Jobs, diminished sovereignty, and workers facing concessions on wages, working conditions, and breathing standards. To begin, an advantage to the FTA is an increase of production.\r\nCanadian taskes would increase production to keep up with American producers, so as not to be bought out. With much investment in Canadian businesses due to excrement of obligations, Canadian indus accentuate will grow and expand, increase production and efficiency (Bain Pg. 376). Another reason wherefore the Free Trade Agreement is an advantage to Canada is that it helps relations between Canada and the U. S, because the 2 domains amaze not of all time seen eye to eye, they now cod something to connect them. The FTA helps the two countries get on each other’s good side due to help from champion another in business and trade.\r\nTo sum it up, thither are not very many reasons why the Free Trade Agreement is an advantage, but thither are some. There are many reasons why the FTA is a disadvantage. Firstly, the population of Canada isn’t increasing worry it should; because of the FTA our workers are going to America to get Jobs because America can offer more money to their workers because they keep back the money to do it, whereas Canadian businesses are sour wages to make more money to try to keep up with the American production.\r\nCanadian workers stick the raw materials to America â€Å"The land of opportunity’ to get more money. Everyone leaves to America making our population not increase because if they stay here, the workers may not produce good oney, so they cannot spend it , so goods do not get produced. â€Å"The result: a downward economic spiral”(Finn Pg. 10). Another reason the FTA is a disadvantage is increased unemployment. Many American companies that have branch full treatments operating in Canada will move redundant and be shut down. These branch plants were complete in Canada to provide shelter behind the obligation wall.\r\nTariffs were not added to selling price of their products because they were behind the tariff wall. Under the FTA, there are no tariffs, so the branch becomes unnecessary, and the customers can be supplied equally sound if not better and cheaply from one plant in he U. S. The closing of these branch plants results in many Canadian Jobs disappearing (Conklin Pg. 28). Also, many businesses that are owned completely by America, where there is a bigger market and more opportunity for growth, and there are no taxes to sell products to Canada from the U.\r\nS under(a) the FTA. The moving and shutting down of thes e factories and plants creates more unemployment and less(prenominal) Job opportunities (Bowker Pg. 32). Many Canadians considering jut outing a business in Canada may be lured to America to start their business, because with the removal of ariffs, these companies can supply Canadian customers expert as easily from America while universe nearer the larger American markets with the advantage of set down operating costs. This idea of starting businesses in the U.\r\nS instead of Canada, takes away Jobs from Canadian workers before compensate giving them a chance. Another reason for the FTA to be a disadvantage is Canada as a nation losing its sovereignty and independence. Ownership and control of Canadian patience and resources will gravitate towards the United-States under the Free Trade Agreement. Decision making for these industries will be transferred to the boardrooms in America. Economic power’s movement is normally followed by political power, so it is probable tha t Canada could exhibit the eventual loss of political independence.\r\nLastly, an example of the disadvantages of the FTA is Canadian workers facing concessions on wages, working conditions, and living standards (Conklin Pg. 30). Canada’s extensive social benefit programs like, health trade system, unemployment insurance benefits, and family allowance, which do not exist on the same scale in the U. S, are threatened to attack as â€Å"unfair subsidies” to be trim or eliminated. Which in turn would ncrease the cost of living for Canadians affected by the changes.\r\nMoney would be required to help pay for businesses without help, which could lower workers wages and have many workers losing their Jobs. The Americans are basically trying to invite the Canadians and take away their distinction and independence. So in summation, the FTA is not very advantageous because of Job loss, nominal population growth, disappearing sovereignty and worker concessions. Therefore, the disadvantages of the Free Trade Agreement outweigh those of the advantages, so Canada is not getting a very good deal.\r\n'