In The News

WTO Lowers Trade Growth Estimate for 2013 and 2014

September 30, 2013

The World Trade Organization announced Sept. 19 that its economists are now forecasting global trade growth of 2.5% in 2013, down from the 3.3% they projected in April, and 4.5% in 2014, down from 5.0%. Both would still be better than 2012, which saw trade growth fall to 2.0% from 5.2% in 2011.

Free-trade deal with EU could be in home stretch

September 30, 2013

With Prime Minister Stephen Harper and European Commission President Jose Manuel Barroso now handling negotiations directly, there is increasing confidence within the Conservative government that a trade agreement between Canada and the European Union will be in place before the end of the year.