Breaking Free: A Post-mercantilist Trade and Productivity Agenda for Canada

Michael Hart
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Michael Hart: Carleton University

C.D. Howe Institute Commentary, 2012, issue 357

Abstract: To revitalize its flagging trade and productivity performance, Canada needs to adapt its international trade and investment policies to a world of value chains, evolving trade and investment patterns, and deepening global integration. To be more competitive in this context, Canada needs to wean itself more completely from a mercantilist approach best suited to an era in which it was assumed that products and firms had clear national identities, which is rarely the case today. Canada should not wait for a hypothetical “payoff” from negotiations with other countries, but instead proceed in its own interest to remove home-grown impediments to trade.

Keywords: Trade and International Policy; Canada; mercantilist approach (search for similar items in EconPapers)
JEL-codes: F13 (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:cdh:commen:357

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