Canada has always been a trading nation. From the early days of fur and fish, to the present, when a remarkable ninety percent of our gross national product is attributable to exports and imports, Canadians have relied on international trade to bolster our economy. A Trading Nation, Michael Hart's brilliantly crafted overview and analysis of the historical foundations of modern Canadian trade policy, is the first survey to address the history of Canadian commercial policy in over fifty years.
Taking the view that to understand the present and better prepare for the future, we must first comprehend the past, Hart skilfully guides readers through more than three centuries of Canadian trade history. His engaging narrative explains how Canadians, who currently enjoy one of the highest standards of living in the world, have largely come to accept that a country that derives much of its wealth from international commerce has much to gain from an open, well-ordered international economy. Close attention to trade and related economic policy choices, he argues, is crucial if Canada intends to adapt to the challenges of the new globalized economy.
This bold and original study is a tour de force, evocative of Harold Innis's and Donald Creighton's pioneering works in the history of the nation. Hart's experience as an active trade negotiator is reflected throughout this accessible and lively book. A Trading Nation is destined to become a classic of Canadian historical, economic, and political studies.
Michael Hart is Simon Reisman Chair in Trade Policy, Norman Paterson School of International Affairs, Carleton University. A former trade official in Canada's Department of Foreign Affairs and International Trade, he was the founding director of Carleton's Centre for Trade Policy and Law and is the author of numerous books and articles on international trade issues.
Maps and Tables Preface Acknowledgments Abbreviations 1 Trade Policy and Economic Development 2 The Old Mercantilism 3 Reciprocity and Preferences: Early Nationhood 4 War, Depression, and Revolution: Canadian Trade Policy Drifts 5 Multilateral Dreams 6 Continental Realities 7 The Structure of Protection and Its Impact 8 Professionalism and Nationalism: The Diefenbaker Years 9 Nationalism and Pragmatism: The Pearson Years 10 Reviews and Options: The Trudeau Years 11 The GATT Shall Provide: Canada at the Tokyo Round 12 The Twilight of the National Policy 13 Full Circle: The New Reciprocity 14 The New Multilateralism: Canada at the Uruguay Round 15 Canada in a Globally Integrated Economy 16 From a Trading Nation to a Nation of Traders Notes Chronology Glossary of Trade and Related Terms Credits Index