With the coming of the Free Trade Agreement (FTA) there have been very

serious implications for Canadian business and for that matter, Canada as a

whole. Many aspects of the previous economic climate have changed such as

the reduction or eliminatation of tariffs and the restrictions on subsidies

to name only a few. There has been much heated debate on the pros and cons

of this deal: whether Canada will prosper or become the 51st. American

state. This paper will not take this approach to the issue of whether or

not it is a wise agreement, but will look at what business can do to better

If Canadian business is to survive and prosper in this radically

changed North American and Global atmosphere of easier trading, then it

must adapt. Some of the main areas that will have to be addressed is the

need for more productive and efficient operations, a new focus by business

on the new trading reality, and a change in policies by Government to

enable Canada to function better with the FTA.

The FTA stands to alter Canadian business which has grown rather

relaxed and inefficient behind walls of tarrifs. While these may

more efficient but is not entirely up to the private sector to make a

will have to change substantially to meet the new trade climate. This

will also be the case among various businesses within certain fields.

will have to borrow in order to change to become more efficient with the

American market in a more unified fashion, but they are stronger and thus

Some common words found in the essay are:
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Approximate Word count = 1311
Approximate Pages = 5 (250 words per page double spaced)