A trade deal has been struck with 11 countries on both sides of the Pacific, including Canada.
Trans-Pacific Partnership (TPP) trade agreement
Agreement does not guarantee adequate protection of intellectual property in biologic medicines.
Market opportunities will improve for Canadian exports, and improved foreign access to Canada’s dairy and poultry sectors will lower costs of these products for Canadian consumers.
The two front-runners for each major U.S. political party are far from being advocates for liberalizing international trade and investment regimes.
Chrystia Freeland, Canada’s new Minister of International Trade, plans to work with Parliament to ratify two important treaties that reduce existing barriers to free trade.
Canada's lack of competitiveness will put Canadian manufacturing in a poor position to take advantage of opportunities via the Trans-Pacific Partnership (TPP) trade agreement.