Canada’s ‘Plan B’ for trade with Asia fraught with challenges

With the Trans-Pacific Partnership (TPP) agreement facing an uncertain future, there are signs the Government of Canada is starting to put together a Plan B for Canadian interests in Asia. The recent announcement by the federal government of a trade agreement feasibility study and the launch of an annual trade policy dialogue with ASEAN (the

Read More

Time is ticking on getting a new Softwood Lumber Agreement

President Obama’s address to the House of Commons on Thursday touted the benefits of free trade and the co-operative relationship between the U.S. and Canada. While many of his remarks received thunderous applause, his silence on a major trade dispute that has been flaring up between the two neighbours for centuries was just as deafening. It was

Read More

Bold ideas in the air as Trudeau heads to Washington

Prime Minister Justin Trudeau is headed to Washington, D.C. this week to meet with President Barack Obama. Carlo Dade, Director of the Centre for Trade & Investment Policy, offers three reasons why this visit is different. 1) Pent up demand There has been a sense that the bi-lateral relationship, and the larger NAFTA/North American project,

Read More

Ratification of the Trans-Pacific Partnership: The battle has just begun

Judging from the time frames of past trade deals, agreements like the Trans-Pacific Partnership (TPP) involving 12 nations are bound to be a lengthy process. Negotiations over the agreement were completed in November, 2015 and the TPP member countries will formally sign the agreement on February 4th, 2016 in New Zealand. However, signing does not

Read More

West coast trade corridor shows big benefits of smart infrastructure spending

Canada’s finance minister is busy preparing his first budget in the face of low oil and commodity prices and a free-falling loonie. The prime minister is considering an injection of $1 billion in infrastructure spending in Alberta and Saskatchewan alone, and hasn’t ruled out spending even more than the $5 billion for infrastructure his election platform

Read More

Softwood pact’s end makes TPP participation essential

Canada’s softwood lumber exporters are hoping the new federal government will negotiate another Softwood Lumber Agreement (SLA) with the U.S. to replace the recently expired deal – and fast. But so too should we be imploring Ottawa to commit to the Trans-Pacific Partnership agreement (TPP). Without the security blanket of managed trade with the U.S.

Read More