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Tuesday, 8th May 2007
Trade Balances and Jobs: Canada, the U.S. and China
Trade Balances and Jobs: Canada, the U.S. and China (PDF; 100 KB)
Source: Canadian Centre for Policy Alternatives
Free trade was promoted to Canadians on the famous promise of “jobs, jobs, and more jobs,” and is widely defended on the basis that Canada’s large trade surplus with the United States contributes to Canadian employment. Meanwhile, American commentators are concerned that the U.S. trade deficit displaces American jobs. While these commentators are mainly focused on China, some of them have also identified Canada as a drain on U.S. employment. This note
examines the effect of trade balances on North American jobs.
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