The TPP will cost Canada 58,000 jobs — and won’t grow the economy

Even the loudest advocates of the Trans-Pacific Partnership concede that the macroeconomic benefits for Canada will be small, as we have written before. Canada’s former trade minister promised a $3.5 billion boost to the Canadian economy — a fraction of a percent — if the massive trade treaty goes ahead. The most optimistic forecasts, including a recent report from the World Bank, point to an increase of around one per cent to the Canadian economy by the year 2030.

http://rabble.ca/blogs/bloggers/behind-numbers/2016/01/tpp-will-cost-canada-58000-jobs-and-wont-grow-economy

Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: