There’s been a lot of talk about free trade lately. This is due in part to the renegotiation of NAFTA, and to the Trans-Pacific Partnership that many governments are trying to resuscitate. In Canada, a long-awaited inter-provincial free trade deal was also signed in the spring, and a case before the Supreme Court this week could potentially lead to even freer trade within Canada.
Why do such agreements and court cases matter? Quite simply because freer trade makes us all richer.