Canada Advances in the World Cup of Economic Freedom

Anthony B. Kim / June 16, 2010

While many parts of the globe celebrate the 2010 World Cup, Canada is quietly showing off its competitive edge in another world cup by advancing policies that promote freer trade and economic freedom.

Canadian lawmakers recently scored a nice goal by approving a free trade pact with Colombia, a move that will give Canadian ranchers and farmers a sharp advantage over American producers.  Although the pact still needs a final ok from the Canadian senate, the voice for freer trade was decisive, as shown in the House of Commons’ 188 to 70 votes in favor of the trade deal with Colombia.  As Canadian Trade Minister Peter Van Loan pointed out, “In adopting this free trade agreement, Canada will be in a very strong competitive position vis-à-vis our other competition around the world.” (more…)