Canadian farmers will receive government compensation for any losses resulting from a Trans-Pacific Partnership (TPP) trade deal, the country’s agriculture minister said Wednesday in a discussion about the nation’s protected farm sectors.
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Making FTAs work: The Canada-Korea example
October 18, 2015
A year ago this month, amid much fanfare during the state visit to Ottawa by Korea’s President Park Geun-hye, Canadian and Korean governments signed the long-anticipated Canada Korea Free Trade Agreement (CKFTA), following eight years of on-off negotiations. It came into effect on Jan. 1 of this year.
Why the Trans-Pacific Partnership will help the auto sector
October 18, 2015
The Trans-Pacific Partnership (TPP)—perhaps the largest trade deal in a generation—looks set to finally conclude. Rumours suggest a deal may be completed this week. With many (many) years of on-again, off-again negotiations, this is welcome news. Trade in goods and in services between 12 Pacific countries representing close to 40 per cent of the world’s economy may soon become much easier.
What Canada needs to succeed in a changing, globalized world
October 18, 2015
Globalization is clearly the dominant international business model today. It has been with us in one form or another for centuries; the spice trade between Europe and Asia, or the development of North America as a source of inputs and goods for European consumers.
Canada ranks first for business operating environment
October 9, 2015
According to the Global Dynamism Index (GDI), a global study by the Economist Intelligence Unit for Grant Thornton, Canada ranks 9th among the 60 largest economies in the world based on 22 indicators across five growth areas: business operating environment, technology, labour market, market growth and financing environment.