Possibly, but I suspect there is a strong causal link. The growth really
started a couple of years after the NAFTA agreement was signed.
larry
At 12:37 PM 1/8/2004, you wrote:
>true, but I was just wondering if it reasonable to assume a causal link, and
>why or why not? Could other factors account for the same result?
>
>Pat
>
>-----Original Message-----
>From: Larry C. Lyons [mailto:[EMAIL PROTECTED]
>Sent: January 8, 2004 12:32 PM
>To: CF-Community
>Subject: RE: US Deficit a threat to the world economy IMF
>
>
>Economic growth in Canada has outstripped the US since NAFTA (see statsCan
>for details). Not only did the Chretien government pay off the deficit,
>which was considerably higher as a percent of GDP than the US's debt, its
>been running a surplus for the last couple of years. In effect Canasda has
>not been hit by the latest US recession, but has continued to show
>significant growth.
>
>larry
>
>
>
>
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