Canada-Korea Free Trade Agreement Would Destroy Jobs in All Provinces and Regions

OTTAWA, Oct. 23 /CNW/ - If the Canadian federal government proceeds with a free trade agreement with Korea as it has promised to do, the impact on Canadian communities would be disastrous, according to a new study.

The study will be released by the Canadian Auto Workers union at the House of Commons Press Gallery this morning.

The study, "Provincial Employment Effects of Canada-Korea Free Trade," finds the job loss would be most acute in Ontario and Quebec, with an expected loss of approximately 17,400 jobs and 8,300 jobs respectively. Even resource rich provinces like Alberta and British Columbia will be set to lose thousands of jobs.

The study builds upon a report released last month, "Canada's Deteriorating Automotive Trade Performance," which detailed the country's growing automotive trade deficit.

The study will be launched at a press conference in coordination with an all-party lobby effort, as CAW leaders, including CAW President Buzz Hargrove, meet with Members of Parliament from across the country, demanding that they recognize the economic damage a Canada-Korea Free Trade Agreement could cause and bring an end to Canada-Korea FTA talks.

Hargrove will be joined by Quebec Director Luc Desnoyers and concerned elected officials Michael Harding, Mayor of the City of Woodstock and Co-chair of the Ontario Mayors for Automotive Investment, Brian McMullan, Mayor of the City of St. Catharines as well as Windsor City Councillor Ken Lewenza Jr.

Source: CAW

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