The ambiguous state of the North American Free Trade Agreement (NAFTA) has Ottawa working to minimize the effects on Canada-U.S. trade. A large portion of the Canadian economy and the labour market will be affected if a border tax is imposed or if NAFTA is repealed.
In The Globe and Mail, Assistant Professor Isaac Holloway comments on the reciprocal trade relationship between Canada and the U.S.
“When we ship autos to the U.S., there are lots of Canadian service jobs embodied in the car. Transport, retail, storage,” he says.
Canada’s manufacturing and natural resources sectors have the most at stake, although border taxes will also affect global supply chains.
Note: Paywall
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