does canada have free trade with the us
Canada–United States Free Trade Agreement While the agreement remains controversial to this day, it is no longer at the forefront of Canadian politics. It was superseded by the North American Free Trade Agreement (NAFTA) in 1994. The Liberals under Jean Chrétien were elected to office in the 1993 election, partly on a promise to renegotiate key labor and environmental parts of NAFTA. An agreement was indeed struck with the Democrats under Bill Clinton that created separate side deals to address both of these concerns.
Free-trade zone Free-trade zones are referred to as "foreign-trade zones" in the United States (Foreign Trade Zones Act of 1934).[3] In the United States, FTZs provide Customs-related advantages as well as exemptions from state and local inventory taxes. In other countries, they have been called "duty free export processing zones," "export free zones," "export processing zones," "free export zones," "free zones," "industrial free zones," "investment promotion zones," "maquiladoras," and "special economic zones."[3][4] Some were previously called "free ports". Free zones range from specific-purpose manufacturing facilities to areas where legal systems and economic regulation vary from the normal provisions of the country concerned. Free zones may reduce taxes, customs duties, and regulatory requirements for registration of business. Zones around the world often provide special exemptions from normal immigration procedures and foreign investment restrictions as well as other features. Free zones are intended to foster economic activity and employment that could occur elsewhere.[5]