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Tag Archives free trade

General, Markets, Reuters

U.K. to ask to join Trans-Pacific trading bloc ‘shortly’

Bilateral deals signed or in works with several CPTPP members

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Reading Time: 2 minutes London | Reuters — Britain will soon submit its application to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) trade bloc, trade minister Liz Truss said on Wednesday. Since deciding to leave the European Union, a process it completed at the end of 2020, Britain has been seeking out new trading arrangements around […] Read more
General, Markets

Canada consulting at home toward Indonesia trade deal

Possibility of broader Southeast Asian pact also looms

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Reading Time: 3 minutes Continuing to seek out free trade deals in the Asia-Pacific region, Canada has launched public consultations on the merits of a potential bilateral pact with Indonesia. “Deepening trade ties with Indonesia would benefit Canadian businesses of all sizes and lead to economic growth and prosperity for years to come,” International Trade Minister Mary Ng said […] Read more
Dairy Cattle, Livestock, Markets

U.S. throws down CUSMA challenge on Canada’s dairy import limits

Filing challenges Canadian tariff rate quota reserved for processors

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Reading Time: 2 minutes Five months and counting since the Canada-U.S.-Mexico Agreement came into force, the U.S. government has launched a CUSMA challenge of how Canada applies tariff exemptions on dairy imports. U.S. Trade Representative (USTR) Robert Lighthizer said Wednesday he has served Canadian Trade Minister Mary Ng with written notice that the U.S. is “exercising its rights to […] Read more
General, Markets, Reuters

Britain, Canada agree on post-Brexit rollover trade deal

Tailor-made comprehensive pact expected to follow

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Reading Time: 2 minutes London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more
General

Former federal ag minister Don Mazankowski, 85

Long-time Alberta Tory MP deemed a 'minister of everything'

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Reading Time: 2 minutes A private memorial is planned for long-time Alberta MP Don Mazankowski, whose work in the cabinets of prime ministers Brian Mulroney and Joe Clark included a stint as Canada’s minister of agriculture. Mazankowski, the MP for the east-central Alberta riding of Vegreville from 1968 to 1993, died late Tuesday at age 85, his family said […] Read more
Dairy Cattle, Livestock, Markets

Dairy farmers press feds on compensation promises, again

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Reading Time: 3 minutes Canada’s dairy farmers are again calling on the federal government to make good on its promise to compensate producers, after giving up market share of the supply-managed industry to more foreign competitors through trade pacts. The Liberal government, most recently in its Sept. 23 speech from the throne, has told Dairy Farmers of Canada (DFC) […] Read more
General, Markets

Canada not benefiting from CETA, Bibeau says

Ex-premiers write to Ottawa with critique of EU's continued trade barriers

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Reading Time: 2 minutes Canada is not benefiting from the Comprehensive Economic and Trade Agreement (CETA) with the European Union (EU), federal Agriculture Minister Marie-Claude Bibeau grants. Expected to spur $1.5 billion in new agri-food exports, the free trade deal has fallen short of those targets since its implementation in 2017. In a letter Monday to Prime Minister Justin […] Read more
General, Machinery, Markets, Reuters

New finance minister Freeland no longer to spearhead U.S. relations

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Reading Time: 2 minutes Ottawa | Reuters — Chrystia Freeland will no longer be in charge of spearheading diplomatic relations with the United States now that she is Canada’s new finance minister, three government sources told Reuters Wednesday. Prime Minister Justin Trudeau had made Freeland his main U.S. go-between when he named her deputy prime minister after last year’s […] Read more
General, Markets

Canada’s pace in trade talks with U.K. raising frustration

Doubts remain on potential benefits for Canadian farmers

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Reading Time: 3 minutes The Canadian Agri-Food Trade Alliance (CAFTA) is expressing frustration over the pace at which Canada is engaging the United Kingdom toward a post-Brexit free trade deal. Steve Verheul, assistant deputy minister of trade policy and negotiations at Global Affairs Canada, told a parliamentary committee any deal between the two countries will be impacted by European […] Read more
General, Markets, Reuters

CUSMA pact to take effect July 1, USTR says

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Reading Time: < 1 minute Washington | Reuters — U.S. Trade Representative Robert Lighthizer on Friday said he has notified Congress that the new U.S.-Mexico-Canada trade agreement will take effect on July 1, a month later than initially proposed. In a statement, Lighthizer said both Mexico and Canada had taken measures necessary to comply with their commitments under the U.S.-Mexico-Canada […] Read more

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