Category: TPP

TPP11 countries commit to “core elements”

After a dramatic few days where Canada’s future in the Trans-Pacific Partnership appeared uncertain, the 11 countries tried to end the week on a positive note. All 11 have agreed on “core elements” for a revised Pacific trade deal, but they are still negotiating several files as leaders head home from Vietnam. “Ministers are pleased… Read more »

Conflicting reports on whether a tentative TPP deal has been reached

Multiple media outlets, including Reuters and Inside Trade, are reporting an agreement-in-principle has been reached between the 11 remaining countries in the Trans-Pacific Partnership negotiations in Vietnam this week. However, Canada’s trade minister denies there’s a tentative deal, a day before world leaders, including Prime Minister Justin Trudeau, U.S President Donald Trump and Chinese President… Read more »

Ag groups warn Ottawa to leave TPP text alone

Just leave it alone. Don’t ask for too much and jeopardize a deal that could potentially be finalized this weekend. That’s what Canadian agriculture groups representing farmers who depend on trade are telling the Ottawa as leaders from the remaining 11 Trans-Pacific Partnership countries head to Vietnam. The Canadian Agri-Food Trade Alliance sent a strongly-worded… Read more »

Survey shows Canadians’ support for TPP has surged

Canadians’ support for the Trans-Pacific Partnership has nearly doubled since early 2016, according to new survey results from the Angus Reid Institute. 59 percent of Canadians now say they support the TPP, up from 32 percent in Angus Reid’s last survey, conducted in early 2016. (The survey included a representative randomized sample of 1504 Canadian… Read more »

Ottawa launches consultations on TPP deal with remaining members

After months of very little public activity on the Trans-Pacific Partnership file, the Canadian government says it wants to know what Canadians think about a potential agreement with the remaining TPP members. Global Affairs Canada, in a notice published in the Sept. 30th Canada Gazette, calls for views on a TPP deal with the other… Read more »

Fight for left-leaning seats could cost Canada ‘single best trade opportunity’

The federal Liberals’ reluctance to show that they want to move forward on the Trans-Pacific Partnership could be due to competition for votes in certain Ontario, Quebec and B.C. ridings in 2019, according to a trade expert with the Canada West Foundation. It’s difficult to get an answer on why Canada has not been more… Read more »

U.S. and Canadian beef groups still clamouring for TPP

Even though NAFTA negotiations are underway, TPP is still vitally important if Canada and the US want to expand exports.  President Trump removed the United States from TPP shortly after his inaugaration, which has caused some of the remaining eleven TPP countries to do some soul searching. Canada has been searching for its own identity… Read more »

Is Canada dragging its feet on TPP?

Canada’s heading into the NAFTA renegotiation next week, but a deal that hasn’t been discussed a lot lately is the Trans-Pacific Partnership — and why is that? The U.S. pulled out of TPP and left eleven remaining countries. Canada has participated in all of the meetings post-U.S. pulling out. The Canadian govenrment has provided a… Read more »

Japan to increase tariff on frozen beef imports from Canada and the United States to 50%

Starting August 1, 2017, Japan has triggered a safeguard to increase the tariff on its frozen beef imports from countries that it does not have a free trade agreement with.  Increasing the tariff on frozen beef imports from 38.5% to 50% will impact Canada and the United States and not Australia, Chile and Mexico who… Read more »

TPP trade deal still important to Canada, even without the U.S. involved

When U.S. President Donald Trump followed through on his promise to withdraw the United States from the Trans-Pacfic Partnership, many people speculated the deal was dead in the water. Similarly, Canada has also faced threats of NAFTA withdrawal by the U.S. within the same three month period. For many of the remaining countries, including Canada,… Read more »

Farm Credit Economist Sees Possible NAFTA Status Quo

Canada’s largest agriculture lender believes predictions of a re-negotiated North American Free Trade Agreement (NAFTA) are premature and a patient strategy is the best path forward for the Canadian government and the country’s supply managed sector. Speaking at the Canadian Dairy XPO last week in Stratford, Ont., Farm Credit Canada agricultural economist Jean-Philippe Gervais told… Read more »

The Path Forward for Remaining Trans-Pacific Partnership Signatories

There’s a reluctance among the Trans-Pacific Partnership (TPP) signatories to walk away from all the progress made with the deal, even though the United States has withdrawn its involvement with the deal. And while Claire Citeau, with the Canadian Agri-Food Trade Alliance, is disappointed with the TPP deal proper being hamstrung, she says last week’s meeting… Read more »

Remaining TPP Countries Meet in Chile

The 11 remaining countries in the Trans-Pacific Partnership met on the sidelines of Asia Pacific trade talks in Chile yesterday to discuss the future of the TPP now that the U.S. has withdrawn. “The participating partners reiterated their firm commitment to collaborate in keeping markets open and to the free flow of goods, services and… Read more »

China, TPP & NAFTA: Top Canadian Negotiator Discusses Busy Trade Agenda

These are busy times in the federal trade department, as Global Affairs Canada is acting on several key trade files. Trade Minister François-Philippe Champagne is in Chile this week to discuss the possibility of an Asia-Pacific trade deal now that the U.S. has withdrawn from the Trans-Pacific Partnership (TPP.) Just last week, the department opened up… Read more »

Trudeau Playing the Trade File Perfectly at this Point

It was a great week for Canada in terms of trade on several fronts. You can say many negative things about Prime Minister Trudeau, but you cannot take away his government’s effort to extend Harper’s commitment to trade. There is much discussion and renegotiation to still happen, but the week of February 13th was very good for… Read more »