Saturday, 29 December 2007

CCPA Releases New Report on Free Trade

The Canadian Centre for Policy Alternatives (CCPA) has just released a new report on Free Trade, in advance of the 20th anniversary of the agreement signed on January 2, 1988.

See the accompanying News Release entitled: Free trade has failed to live up to its promises—study

The full report is entitled: 20 Years Later: Has Free Trade Delivered on its Promise? (in Adobe PDF format)

Excerpt from News Release:
"OTTAWA— Twenty years after Canada signed the Free Trade Agreement its biggest boosters have grown wealthier but promises of better jobs and rising living standards fell short, says a study released by the Canadian Centre for Policy Alternatives.

The Canada-US Free Trade Agreement was signed on January 2, 1988. The study examines what’s happened since: It takes a sample of 41 Canadian Council of Chief Executives (CCCE) member companies – the leading supporter of free trade – and finds they shrank their workforce by 19.6% while their revenues grew by 127%."

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