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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...

Tough Talk, Big Changes Ahead in NAFTA Talks

It’s well known that President Trump isn’t a big fan of the North American Free Trade Agreement. Renegotiating the agreement – or breaking it – was a key element in Trump’s electoral campaign and now, with the power of the U.S. economy in his hands, the President is now in a position to dictate the agenda. The most recent development is that NAFTA negotiations probably won’t start until late 2017, might last a year and will include se...

Canada-Euro Deal Moves Along

Canada received a nice Valentine’s Day gift as Euro parliament members voted in favor of the Comprehensive Economic and Trade Agreement (CETA) by a 408 to 254 vote. This now means that parts of the agreement that links Canada to the European Union, such as tariff reduction, will come into force eight years after the initial negotiations had started. The vote passed relatively well, considering the chaotic crowd of protesters gathered outside...

Softwood Lumber Dispute: U.S. Lumber Lobby Launches Petitions

It's the trade issue that keeps on giving: softwood lumber. The U.S. Lumber Coalition has filed petitions with the U.S. International Trade Administration against Canada for Anti-dumping (AD) and Countervailing (CV) relief on importation of various lumber products from Canada. On the government's side, Washington D.C. says it will be launching an investigation to determine whether softwood lumber products were dumped into the American market and ...