Free Trade
Free Trade
1891 electoral campaign poster against free trade. (National Archives of Canada, C-095466)
The Canadian economy has long depended on exports. Even back in the time of New France, furs were being sent to France. Over the centuries our exports have changed, but one thing remains the same: the health of the Canadian economy depends heavily on its ability to export to foreign markets. We have enjoyed privileged trading relations with France and Great Britain, but our "natural" trading partner has always been the United States, thanks to its proximity and market size. As a result, we have negotiated several trade treaties with the U.S. Two are presented here: the Reciprocity Treaty of 1854 and the 1989 Canada-U.S. Free Trade Agreement.