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Are you taking advantage of Canada’s free trade agreements?

Free trade agreements (FTAs) are made between nations that want to ease the flow of goods between countries by reducing fees and duties. Canada is regularly referred to as an open trade country. Canada has 12 active free trade agreements with the US, Mexico, Israel, South Korea and others, with 8 others currently in negotiations. As a Canadian business that imports and exports goods, you should be taking advantage of any available active agree...

Changes to NAFTA are coming. What effect will it have?

What is NAFTA? The North American Free Trade Agreement is a trilateral trade agreement between Canada, the USA, and Mexico. It has facilitated the flow of goods and labour between the participating nations and has contributed to the economic stability of the continent since 1994. The politics surrounding free trade have done a total 180 since NAFTA’s enactment. North American governments have been relatively pro free trade in the la...

Canada-U.S. Relations Turning Sour Over Milk

“Let’s not pretend we’re in a global free market when it comes to agriculture,” said Prime Minister Trudeau during a Q&A session with Bloomberg television earlier this week. His clear and up front challenging answer was a rebuttal to Donald Trump’s latest anti-trade tirade. The President seems to have decided to turn his attention to Canada’s dairy industry – while in Wisconsin, a state which is highly dependent on its agricultu...

Canada Free Trade Agreement: 150 Years in the Making

When the fathers of Confederation came together in Charlottetown in 1864 to establish what would be the founding principals of modern Canada, they laid out what powers the provinces would manage under this new binding agreement. As such, internal trade it turns out, was bestowed as a provincial power and as such, each province established its own rules for the trade of goods, services and human resources thus creating a somewhat mash up of someti...

Canada-China Trade Deal: Small First Steps

If Canada were to enter into talks regarding a potential free trade agreement with China, it wants a “progressive” which would include chapters on human rights and labour standards says Canada’s new ambassador to China, John McCallum. Formal talks haven’t started between the two countries but Ottawa has been holding a round of exploratory consultations. “We have to do this with our eyes open,” mentioned McCallum in a recent intervi...