Economic gains work out to an average annual income boost of $220 per Canadian, according to a new report.
Unifor, USW cite growing trade deficit as a potential threat to Canadian auto sector, jobs.
Kathleen Wynne says Ontario is supportive of opening up opportunities for Ontario, but has concerns about the auto sector.
There’s concerns that removing a tariff of 6.1% on auto imports from South Korea will further skew the playing field.
Agreement eliminates 98% of the tariffs on goods between the two countries.
The two countries have minimal bilateral trade activity at the moment, but is up almost 50% since 2007.