This is starting to look like a bad deal for Canadians. According to a study done by the World Bank and US Department of Agriculture, the TPP will have little to no economic benefits to Canadians with only a 1.2% economic benefit over the entire period of the agreement while pushing most gains to countries like Vietnam and Malaysia.
A breakdown of the TPP by the World Bank states the "TPP is projected to have no measurable impacts on real GDP". With real breakdowns of benefits by country as follows as a measure of "Cumulative GDP over a 10 year period":
Quote:
Vietnam -- 10%
Malaysia -- 8%
Brunei -- 5%
New Zealand -- 3.1%
Singapore -- 3%
Japan -- 2.7%
Peru -- 2.1%
Mexico -- 1.4%
Canada -- 1.2%
Chile -- 1%
Australia -- 0.7%
US -- 0.4%
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http://pubdocs.worldbank.org/pubdocs...-Agreement.pdf
https://www.techdirt.com/articles/20...ustralia.shtml
This agreement looks to be a bunch of sacrifices to our auto and diary sectors without any tangible gains.