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Writer uses doublespeak on free trade
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Newspaper Article
Writer uses doublespeak on free trade
1987
Overview
He lauds the deal for its national treatment of investors, but fails to make known that foreign ownership in the U.S. is 4 per cent. In Canada he puts it at about 45 per cent. He writes the trade deal has opened the door to investment and trade in the U.S. It might be great for Canadians to invest in the U.S., but of what benefit will that be to this country when that person or company pays taxes in the U.S. and re-invests profits in the U.S.? What that amounts to is a transfer of funds from Canada to the U.S.
Publisher
Torstar Syndication Services, a Division of Toronto Star Newspapers Limited
Subject
