Establishing a comparative advantage

For decades, Ontario benefitted from the fact that foreign multinationals, such as those from the United States, could simply place factories along the border and take advantage of a geographically-created 70-cents-on-the-dollar regime at will. Foreign investment was flowing in, Ontario workers were getting good jobs, and everyone was happy.

Photo: Premier of Ontario Photography
Ontario Premier Dalton McGuinty on a trade mission to China on November 2, 2010.
Carl Meyer
Published: Wednesday, 12/01/2010 12:00 am EST

For decades, Ontario benefitted from the fact that foreign multinationals, such as those from the United States, could simply place factories along the border and take advantage of a geographically-created 70-cents-on-the-dollar regime at will. Foreign investment was flowing in, Ontario workers were getting good jobs, and everyone was happy.

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