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Economy

The North American Market

National free trade agreements between Canada, the United States and Mexico have had a profound influence on Ontario's economy. In 1989, a bilateral trade agreement between the U.S. and Canada came into effect, and was superseded in 1994 by the North American Free Trade Agreement.

For Canada, the agreement means more secure, stable access to U.S. and Mexican markets.

The end result has been increased exports and imports among the three trading partners.

 
 
Visiting Ontario

Did you know?

  • Ontario is Canada's manufacturing leader and produces almost 60 per cent of all manufactured goods that are shipped out of the country.

  • The Peterborough Lift Lock on the Trent Canal is the highest hydraulic lift lock in the world, carrying vessels to a height of 65 feet.

 
 
 
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Last Modified: November 24, 2006