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Free Trade Agreement And Its Affect On Canadian Business
Part 1 of Paper ....nadian 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 b.... Part 2 of Paper ....e to become "lean
and mean" in order to compete in a very competitive global market. Looking
at the present state of affairs our status in research and development
(R&D), labour costs and expansion, there is much that must be done.
Compared to the other industrialized western nations we lag far behind in
nearly all areas.
Take for example R&D. In 1990 Canada spent approximately 2.1% on R&D.
Japan spent 5.6% and Germany 4.8% Even the US spend more at 3.1%. Given
these statistics, it will be .... |
Number of words: 1290 - Approximate pages: 5 |
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