The Conservative Party of Canada maintains its support of the Trans-Pacific Partnership trade agreement, which is now doomed following the United States’s withdrawal earlier this year.
If you can believe it, former prime minister Stephen Harper wants you to know that the future of mega multilateral trade deals such as the doomed Trans-Pacific Partnership (TPP) is uncertain.
This week, Foreign Affairs Minister Chrystia Freeland admitted that the United States’ withdrawal from Trans Pacific Partnership (TPP) effectively kills the mega trade deal.
As Trump Pulls the U.S. Out of the TPP, Canada Should Follow Suit
In an infomercial-style video released Monday, U.S. President-elect Donald Trump confirmed that he’ll withdraw from Trans-Pacific Partnership trade agreement as soon as he assumes office in January. Trump’s “America First” approach means Canada is unlikely to benefit from the inevitable renegotiation of the North American Free Trade Agreement (NAFTA).
A new study says the expanded rights granted to foreign investors in the Trans-Pacific Partnership delivers unjustified benefits to foreign investors while posing major risks for ordinary populations of TPP countries.
A Trudeau government official recently admitted that TPP and CETA will likely raise pharmaceutical costs in Canada. According to the official, it’s “correct” to suggest that the two trade deals “will likely increase the costs of drugs in Canada and we just don’t know how much”.
Doctors Without Borders and more than fifty groups urge the US Congress to reject the Trans-Pacific Partnership (TPP) on the grounds that the trade agreement would undermine public health systems around the world.