How Does Mulroney Support Free Trade In Canada

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Mulroney announced that Canada was “open for business.” He dismantled FIRA and replaced it with Investment Canada, a body that would encourage suitable foreign investment. Then, in 1987, he started negotiations that led Canada into the Free Trade Agreement with the United States. The agreement removed tariffs on goods crossing the border, and opened Canada to the U.S. investment as well as opening the United States to Canadian investment. Free trade proved to be a very controversial issue for Canadians. Those who supported free trade argued that, by eliminating tariffs, Canada would attract more U.S. investment-which would help Canadian industry grow and benefit the whole economy. Free trade would also provide access to the larger U.S. market,