TORONTO, ON - Former Prime Minister Brian Mulroney brought a message about the importance of leadership and free trade to fleet executives in Toronto today, at a time when the trade agreements he championed are being challenged and renegotiated.
In a speech to the Ontario Trucking Association's annual meeting, Mulroney referred to NAFTA discussions as "the most important international negotiations in modern history" for Canada, the U.S. and Mexico. And he drew on a series of statistics to prove his point about the value of trade.
"The statistics alone speak to the success of the (Canada-U.S.) Free Trade Agreement," he said, noting how trade between the countries has tripled since 1989. "With less than 7% of the world's population, NAFTA produces 29% of the world's wealth."
While U.S. President Donald Trump has referred to NAFTA as a terrible deal, Mulroney stressed that our southern neighbors have "done extremely well", referring to the U.S. unemployment rate of 4.1% as an example.