How the Conservatives are torquing the facts on the new NAFTA | CBC News
In this online attack, Scheer tries to back up his claim
by juxtaposing an October quote from the prime minister touting the
benefits of the new NAFTA agreement with a line from a recent C.D. Howe Institute study that suggests the “negative elements outweigh the positives…” when it comes to the renegotiated trade deal.
by juxtaposing an October quote from the prime minister touting the
benefits of the new NAFTA agreement with a line from a recent C.D. Howe Institute study that suggests the “negative elements outweigh the positives…” when it comes to the renegotiated trade deal.
The
Conservative leader goes on to correctly cite one of the paper’s key
findings: That the Canada-U.S.-Mexico Agreement (CUSMA) will shrink this
country’s GDP by 0.4 per cent, delivering a more than $10 billion US
hit to general economic welfare.
But he neatly skips over some
inconvenient words with his ellipses, where the authors write that the
agreement will result in “lower real GDP and welfare for all three
parties, with Mexico being hardest hit and the United States the least.”