Committee Members: Patti Dalton, Mike Parkinson, Steve Holmes, Len Elliott, Stewart Wise
Please Circulate & Get Involved !
Hello everyone, if you thought the other trade deals in the past were horrendous hold on, because you haven't seen nothing like this. This current government (Harper) is in talks trying to put together a trade agreement called the Canada-European Comprehensive Economic and Trade Agreement (CETA). He wants to sell everything from procurement to all the natural resources and yes even our fresh water to the lowest bidder. This trade agreement would create an even larger trade deficit for Canada than we already have today and the ramifications of this deal if it gets pasted would only lead to more strife in Canada. That’s because European negotiators, acting on behalf of Europe’s largest corporations, want better access than American companies got in NAFTA – right down to the city and school board level. Canadian corporations are looking for better access to the European market for agriculture and minerals without having to meet stricter EU standards. EU negotiators want Canadian services contracts, including public services, with an added aim of transferring the $100 to $200 billion our local governments spend annually on goods and services into corporate profits. That includes water delivery services at the municipal level, where large European multinationals see dollar signs in privatizing Canada’s mostly public systems. But the EU is also asking that Canada rewrite intellectual property and telecommunications rules while banning local preferences on public spending by cities, hospitals, school boards and other local public agencies. On balance, there is very little to gain from a deal with the EU and much to lose, which is why we need to stop it before it can be signed at the end of 2011.
He (Harper) will stop at nothing to sell the farm and to be in the race to the bottom. He's leaving the public and the media in the dark for a reason. SECRETS and more SECRETS, my friends it's time to contact your MP and DEMANDto shoot down this CETAagreement.
As a collective we can beat this trade deal. If we don’t stop this agreement now then the legacy we leave our children will even be bleaker than what it is today. If you don’t feel you need to get involved then for do it for our children they deserve better because they are "Our Future and our Future Leaders"! Click this link to find you MP’S address information. Just enter your postal code in the box provided and you will have all the information required to contact your MP. Click Here: http://www2.parl.gc.ca/parlinfo/compilations/houseofcommons/memberbypostalcode.aspx?menu=hoc
A Canada-EU free trade deal would create a huge trade deficit for Canada, resulting in the loss of up to 150,000 Canadian jobs, says a study released today by the Canadian Centre for Policy Alternatives (CCPA).
The study, by CAW economist and CCPA Research Associate Jim Stanford, models three scenarios to provide a range of estimates regarding the likely impacts of EU-Canada free trade. In every case, Canada's bilateral trade balance worsens significantly. The simulations suggest an incremental loss of between 28,000 and 150,000 Canadian jobs.
Canada already has a large bilateral trade deficit with the EU-$15 billion in goods and close to $4 billion in services, and loses some 70,000 jobs as a result. A free trade agreement would make that imbalance worse, Stanford argues, for three key reasons: Canadian imports from the EU start out much larger than our exports there; Canadian tariffs are substantially higher than EU tariffs (and hence have farther to fall); and the Canadian dollar has recently risen substantially against the euro, making Canadian-made products much less competitive and overwhelming the benefits of tariff reduction on our exports.
"A free trade agreement with the EU will exacerbate Canada's existing large bilateral deficit, at the expense of output and employment in many important sectors of the economy," says Stanford.
The study estimates direct losses in Canadian GDP between 0.56% and almost 3%, experienced over several years of adjustment to the new trade pact. Indirect losses of spin-off production, employment, and investment could add significantly to those economic losses.
"Enhancing Canadian exports and diversifying export markets away from the U.S. are important economic policy goals for Canada," says Stanford. "But merely signing another free trade agreement-even with a partner as important as the EU-has no chance of achieving either goal."
"Free trade with Europe will take a bad situation for Canada, marked by large deficits and lost jobs, and make it much worse," Stanford concluded. He proposed alternative measures to address Canada's current trade failures with Europe, including pro-active support for high-tech Canadian exports, and measures to bring down Canada's high-flying currency.
To download the complete study Out of Equilibrium: The Impact of EU-Canada Free Trade on the Real Economy visit: http://www.policyalternatives.ca/sites/default/files/uploads/publications/National%20Office/2010/10/Out_of_Equilibrium.pdf
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