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.
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 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”.
A new poll commissioned by the Council of Canadians reveals that progressive voters favour an independent assessment Harper’s controversial Canada-Europe Comprehensive Economic and Trade Agreement (CETA).