GEO 607 Lecture Notes - Lecture 7: Creative Class, Social Polarization, United States Live

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Canada & globalization: canada is linked to globalization through the following, flows of commodities, movement of goods from all across the globe. Investment: foreign investment in canada has grown continuously since the 1970"s which is not necessarily a good thing. Ex: the fact that today, canada"s economy is in crisis it is due to the fact that we"re not selling our resources anymore; this halt has occurred due to external influences. Canada & the us: globalization of trade and investment flows means continentalization, majority of canadian trade activities remain on this content, approximately 80% of canadian exports end up south of the border. Increase in us ownership of canadian firms and assets: american"s are buying canadian firms, ex. Tim horton"s originally a canadian company was recently purchased by a corporation in the united states. The free trade agreement (fta) was signed in 1989 by brian mulroney and was an exclusive agreement between canada and the united states: video: http://www. youtube. com/watch?v=gyyjrmm7rdy.

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