Prime Minister Mulroney: FTA, NAFTA, Deficits and GST
*Conservative Brian Mulroney - Prime Minister in 1984
*Opposite to Trudeau
*Wanted to be CLOSER to the USA
*very close with reagan
*Many Canadians protested in 1985 over joining the Strategic Defense Initiative (SDI) 'Star Wars'
*1989 Signed FTA allowing free trade with the USA
*1922 expanded to include Mexico (NAFTA) (Signed by liberal Jean Chretien 1994)
*Upset many people - meant US incursion but helped economy
*Mulroney brought in GST of 7% in 1991 in response to a looming deficit
*"Gouge,Snatch and Take"
*Opposite to Trudeau
*Wanted to be CLOSER to the USA
*very close with reagan
*Many Canadians protested in 1985 over joining the Strategic Defense Initiative (SDI) 'Star Wars'
*1989 Signed FTA allowing free trade with the USA
*1922 expanded to include Mexico (NAFTA) (Signed by liberal Jean Chretien 1994)
*Upset many people - meant US incursion but helped economy
*Mulroney brought in GST of 7% in 1991 in response to a looming deficit
*"Gouge,Snatch and Take"
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Summary
Brian Mulroney was loved by many Canadians even though he did bring in the 7% GST which we still have to deal with today, he did though sign for free trade with the United States which continues to help us out to this day.