I am very satisfied with Canada’s decision on joining the TPP(Trans-Pacific Partnership) with 11 other countries. This would create a free-trade environment among the countries around the Pacific. The partnership from the Government of Canada and the eleven nations will help strengthen Canada’s economy. This partnership is also essential because it will deepen the economic ties, cut the tariffs on goods, and will increase the trade growth, therefore, solidifying the economy. This must be done as soon as possible.
For a few years now, the government of Canada and the other Pacific nations are talking about the creating the TPP agreement. The goal of TPP is to create new jobs, increase economic growth, enhance innovation, productivity and competitiveness, reduce poverty and will raise labor and environmental protection. Many Canadian workers have been protesting against this agreement because most of the gains the in income would go to workers making more than $88,000 a year. The free-trade agreement would contribute to income equality basically meaning that in the high wage countries they will promote cheap goods that were made in the low wage countries.
…show more content…
In my class this week, I read an article about this agreement. All I wanted to say that we should start taking action. I have a request to the Canadian Government to hurry up the process. If this agreement comes in play this would create the largest trade zone in the world, spanning four continents and 800 million people. About 29 trillion will be GDP of the combined countries, tariffs would be cut on cars and trucks, therefore lowering the price. These are some things that will happen when this agreement comes in action, so I would let's not waste any more