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Old 10-13-2015, 06:04 AM   #3233
JohnnyB
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The TPP should be getting much more attention in this election than it is.

The TPP is really about economic containment of China and American economic influence in the Pacific. I don't even think it's a good deal for Americans, but their government is motivated by increasing their soft power in the region and setting terms to constrain Chinese economic influence. Canada is going along in order to get along rather than taking a shrewd position based on best interest of Canadians.

I believe the points made in that video are fair. Canadians will be put in competition with workers who earn much lower wages. On the other side, the global market that Canada currently has access to is more than large enough to accommodate Canadian products and is a growing market anyways, so there is no significant benefit to Canadian producers in opening larger markets.

The greatest beneficiaries of the TPP are likely to be the multinational corporations who will be able to take most advantage of the open markets for labor as well as for their products. Unfortunately, the increased success of those companies isn't going to mean increased success for Canadians. America and other countries concerned about containment of China will be the second largest beneficiaries, though again this seems like no great advantage to Canadians.
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