Challenges to Canadian Economic Equality
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The paper examines Canada's role in the global economy, the economic impact of the NAFTA trade agreement as well as the general interdependence between the U.S. and Canada. The paper also points out the challenges of its universal healthcare system and the general pattern of aging in some of Canada's more rural regions, in order to highlight how all Canadians are not receiving the maximum benefits produced by the economic structure at hand. The paper argues that globalization's impact on the economy must be levied to bring strong labor forces to those contexts lacking economic benefits.
From the Paper:"A core issue with which we must contend is Canada's role in this global economy. With the Canadian dollar experiencing a generally stronger relevance and growth today than the American counterpart, the economic roles traditionally shared between the two nations are now in flux. This is due consideration in our discussion. Central to this part of the discussion is what many consider to be the as yet unresolved matter of NAFTA. The agreement which has diminished control over activities engaged betwixt the borders of these aforementioned neighbors has had an array of effects which are highly debatable. On the positive end, it may be argued that NAFTA has been responsible for directing the improvement of its partnered economies. With the three North American nations now trading with on another at heretofore unseen levels--indeed the U.S. has become the top trading partner for each nation respectively--there has been some level of detectable economic advance."
Sample of Sources Used:
- CIA. (2009). Canada. The World Factbook. Online at https://www.cia.gov/library/publications/the-world-factbook/geos/ca.html
- Campbell, B. (2006). Canada-US Relations: Paul Martin's Dilemma. Canadian Centre for Policy Alternatives.
- Daily Gleaner. (2007). Province's Demographic Deficit Needs to Be Solved. Fredricton.
- Hart, M.. (2006). Steer or Drift? Taking Charge of Canada-US Regulatory Convergence. C.D. Howe Institute: The Border Papers, No. 229.
- Statistics Canada (SC). (2009). Latest release from the labour force survey. Canada. Online at http://www.statcan.gc.ca/subjects-sujets/labour-travail/lfs-epa/lfs-epa-eng.htm
Cite this Analytical Essay:
Challenges to Canadian Economic Equality (2011, October 09) Retrieved October 04, 2022, from https://www.academon.com/analytical-essay/challenges-to-canadian-economic-equality-148298/
"Challenges to Canadian Economic Equality" 09 October 2011. Web. 04 October. 2022. <https://www.academon.com/analytical-essay/challenges-to-canadian-economic-equality-148298/>