Legislation corner: unpacking the bill bringing Britain into the Pacific trade pact

Canada and Mexico are the only nations in the trade bloc that have not yet ratified the United Kingdom’s entry into the deal, meaning that Canadian businesses can’t trade with those in the U.K. under the CPTPP’s terms.
New GAC report on ‘game-changing’ Canada-Indonesia deal reduces projected export growth by more than half

Global Affairs Canada’s projections for export growth to Indonesia dropped to an expected $216-million after five years, from initial suggestions that exports ‘could’ increase by $477-million.
CUSMA must do more than protect trade—it must secure Canada’s life sciences future

The U.S. may begin to apply tariffs or other barriers to enhance its domestic production, and if that happens, Canada will need a plan not just to respond, but also to thrive.
A new morning for Canada-Japan economic relations

Japan’s largest business organization paid an early-December visit to Canada, underscoring the strong determination to deepen economic ties between the two countries.
‘Most dangerous period that we’ve been in’: Carney urged to bolster ‘Team Canada’ approach ahead of CUSMA review

The Carney government isn’t repeating many of the same steps that allowed Canada to come out of the NAFTA renegotiations with a trade deal intact even though the U.S. president can do more damage to the Canadian economy this time around, says Senator Hassan Yussuff.
Trump’s trade rep targets Online Streaming Act, Online News Act, raising questions about future of Canada’s cultural exemption

On Dec. 17, U.S. Trade Representative Jamieson Greer said Canadian cultural laws ‘discriminate against U.S. tech and media firms.’ But Canadian cultural groups insist both the Online Streaming Act and the government’s free-trade exemption are critical to supporting this country’s arts and media industries.
‘This is a process unlike any we’ve ever seen’: questions loom over Canada’s readiness for CUSMA review

Canada is being encouraged to ‘ramp up’ consultations as the CUSMA review nears.
Renewable energy sector adds concerns about wind-tower costs to steel industry crisis talks: ‘there’s a ton of urgency’

The tightened tariff rate quotas for steel imports from non-free trade agreement partners will come into force on Dec. 26.
India eyes speedy, year-long negotiation to finalize trade pact with Canada

Trade observers say trade shocks brought on by U.S. President Donald Trump and recent pacts struck by India with other nations have re-awakened hopes for a deal between Ottawa and New Delhi.
Welcome to the ‘Trade War World Cup’

All the countries sending athletes to next year’s event have been struggling with the damage caused by Donald Trump’s tariffs.