Canada Ratifies the CPTPP – Is Australia Next ?

On October 29th, Canada formally ratified the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) by providing written notice to the CPTPP Depository in New Zealand that Canada’s internal legal procedures to implement the Agreement are complete. (see e.g., Global Affairs Canada, “Statement by Minister Carr on Canada’s Ratification of Comprehensive and Progressive Agreement for Trans-Pacific Partnership”) Although Canada has not yet… Continue reading Canada Ratifies the CPTPP – Is Australia Next ?

Canada Passes Federal Legislation to Implement CPTPP

On October 25th, the federal legislation to implement Canada’s obligations under the Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) received royal assent. The next step is implementation at the regulatory and administrative levels, which ordinarily begins with the publication of proposed regulatory changes in the Canada Gazette – Part I for a period of public review. Article 3 of the CPTPP text… Continue reading Canada Passes Federal Legislation to Implement CPTPP

The New Modernized NAFTA – The United States-Mexico-Canada Agreement (USMCA)

The “NAFTA” will soon be the “USMCA”.  The preliminary text of the new 34 chapter trilateral trade agreement has been posted on the website of the United States Trade Representative (USTR): USMCA Text Greater Market Access for US Dairy Products The USMCA provides greater market access to a range of U.S. dairy products in Canada… Continue reading The New Modernized NAFTA – The United States-Mexico-Canada Agreement (USMCA)

Advancing a Progressive Trade Agenda Through Investment Agreements: Canada Launches...

On 14 August 2018, the Honourable Jim Carr, Minister of International Trade Diversification, announced the launch of a public consultation on Canada’s foreign investment promotion and protection agreements (FIPAs). This is Canada’s first formal update of its 2004 model FIPA, which is largely based on the North America Free Trade Agreement (NAFTA). Currently, Canada has… Continue reading Advancing a Progressive Trade Agenda Through Investment Agreements: Canada Launches…

Canada Announces Final Countermeasures Against the United States

On July 1, 2018, Canada will impose countermeasures in the form of surtaxes against C$16.6 billion in imports of steel, aluminum, and other products from the U.S., representing the value of 2017 Canadian exports affected by the U.S. tariffs on imports of certain steel (25%) and aluminum (10%) products from Canada. Surtaxes of 25% will apply to… Continue reading Canada Announces Final Countermeasures Against the United States

Elections in Venezuela Trigger Further Economic Sanctions by Canada

On May 20, 2018, the Venezuelan government held presidential, regional and local council elections. The electoral process and results have been rejected by Canada on the basis that they did not meet international standards. On May 29, 2018, Canada amended the Special Economic Measures (Venezuela) Regulations (the “Regulations”) to add fourteen (14) individuals to the list of… Continue reading Elections in Venezuela Trigger Further Economic Sanctions by Canada

Canada Announces New Measures to Prevent Transshipment and Diversion of...

On March 27th, 2018, the Government of Canada announced new measures aimed at preventing the transshipment and diversion of steel and aluminum into Canada to avoid recently imposed United States tariffs on the metals. These measures will be subject to a 15-day consultation period through the Canada Gazette. Amongst the regulatory changes suggested is the creation… Continue reading Canada Announces New Measures to Prevent Transshipment and Diversion of…

It’s a Deal! TPP-11 Member Countries Sign the CPTPP

On March 8th, 2018, the Honourable François-Philippe Champagne, Minister of International Trade, along with trade ministers from the other ten TPP-11 member countries, signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) in Santiago, Chile. The text of the CPTPP was released to the public on February 20th (available online here). The text is very concise, consisting… Continue reading It’s a Deal! TPP-11 Member Countries Sign the CPTPP

Update: Canada and Mexico Temporarily Exempted from US Tariffs On...

At about 3:30pm EST on March 8th, 2018, U.S. President Donald Trump signed the Section 232 proclamations on steel and aluminum imports. Tariffs of 25 per cent on steel imported to the U.S. and 10 per cent on aluminum will take effect in 15 days. Canada and Mexico will not initially be subject to the… Continue reading Update: Canada and Mexico Temporarily Exempted from US Tariffs On…

Text of the New Comprehensive and Progressive Trans-Pacific Partnership (CPTPP)...

On February 20th, the text of the new Comprehensive and Progressive Trans-Pacific Partnership (CPTPP) was released to the public. The text can be accessed online through the following link. The text of the CPTPP is very concise, consisting of only seven articles and one brief annex. However, Article 1 incorporates the consolidated text of the Trans-Pacific Partnership… Continue reading Text of the New Comprehensive and Progressive Trans-Pacific Partnership (CPTPP)…

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