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What is the Canada-Pamama Free Trade Agreement?

The Panama-Canada Agreement is an agreement between Canada and Panama that was signed on May 14th, 2010 and was put into force on April 1st, 2013 by the Canadian prime minister at the time, Stephen Harper, and the Panamanian President Ricardo Martinelli.

In 2003, There was a few cases of Mad Cow Disease found in Canada, and over 40 countries closed their boarders to Canadian beef and cattle, including Panama

http://globalnews.ca/news/1830438/timeline-canadas-2003-mad-cow-disease-crisis/

Pros and Cons

Pros

Cons

  • Trade has increased by 48% between the 2 countries from 2007
  • Improve market access for Canadian exporters of goods
  • Democrats refuse to support it unless Panama agrees to clamp down on tax evaders who find refuge there.

http://www.bloomberg.com/apps/news?pid=newsarchive&sid=aN60LC5gu9xg

https://www.international.gc.ca

https://en.wikipedia.org/wiki/Canada%E2%80%93Panama_Free_Trade_Agreement

The Canada-Panama Free Trade Agreement

https://en.wikipedia.org/wiki/Canada%E2%80%93Panama_Free_Trade_Agreement

Madde, Mila and Chantal

This agreement eliminates tariffs from goods being imported from one another. Goods from Canada will be reduced by 90% and goods from Panama will be reduced by 99%

https://en.wikipedia.org/wiki/Canada%E2%80%93Panama_Free_Trade_Agreement

To what extent should we embrace the global economy?

We believe that we should embrace the global economy to the extent that equity is promoted; monopolies will decrease creating fair market competition and equal job oppertunities for all people.

"fair trade, not free trade!"

-Chantal Fabalena

This agreement ensures that Panama will open it's boarders back up to Canadian Beef

https://en.wikipedia.org/wiki/Canada%E2%80%93Panama_Free_Trade_Agreement

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