Ottawa | Reuters –– Canada’s new Liberal government will take the “technical step” of signing a 12-nation trade deal next week but has not yet decided whether to formally ratify the agreement, Trade Minister Chrystia Freeland said Monday. Canada is one of 12 nations that initialed the Trans-Pacific Partnership (TPP) in early October after years […] Read more
Tag Archives trans-pacific partnership — page 5
Canada to sign TPP, but undecided on ratification
New Zealand to host TPP signing Feb. 4
New Zealand plans to host the signing of the Trans-Pacific Partnership trade pact by its 12 member nations on Feb. 4. The country’s trade minister, Todd McClay, confirmed in a statement Thursday that New Zealand has issued invitations to TPP ministers to sign the agreement in Auckland, marking the end of negotiations. Signing the deal […] Read more
Que. banks, funds boost stake in Agropur
Agropur is getting a second nine-figure cash injection from a group of Quebec institutional investors and banks, further backing the major Quebec dairy farmer co-operative’s expansion plans against an uncertain domestic market. The investor group, led by Caisse de depot et placement du Quebec (CDPQ), said Thursday it will put up $300 million, on top […] Read more
Canada seen dawdling on TPP ratification
Reuters — Canada is set to hold back on ratifying a key Asia-Pacific trade treaty, a move that would assuage critics but might hamper Washington’s bid to build domestic support for the deal, according to sources close to the talks. Canada is one of 12 nations that initialed the Trans-Pacific Partnership (TPP) in early October, […] Read more
Japan, White House rule out re-opening TPP pact
Reuters — Japan and the Obama administration on Tuesday rejected calls from some U.S. lawmakers to consider re-opening a Pacific trade deal and said any renegotiation attempt could scupper the whole pact. “Renegotiation is not an option,” Caroline Atkinson, Obama’s deputy national security adviser for international economics, said on a call hosted by the Atlantic […] Read more
Canada’s new ag minister pledges to listen to farmers
Manitoba Co-operator – After just six days as Canada’s new agriculture minister Lawrence MacAulay hasn’t taken a position on a number of agricultural issues, but he knows how he will: “I intend to listen to the man that does the work — the farmer.” The 69-year-old former Prince Edward Island dairy and seed potato farmer […] Read more
MacAulay favours TPP deal, poised for trade fight with U.S.
Winnipeg | Reuters –– Canada’s new agriculture minister said Tuesday he likely will support the Trans-Pacific Partnership negotiated by the previous government, and is inclined to retaliate against the U.S. over a long-standing meat-labeling dispute. The Liberal government, elected last month, has not taken a firm position yet on whether it will support TPP, which […] Read more
White House may have to renegotiate on TPP, senator says
Washington | Reuters –– A key U.S. senator said on Friday the Obama administration may have to renegotiate parts of a Pacific trade pact, heralding a tough battle to win support in Congress. The administration notified lawmakers Thursday it plans to sign the 12-nation Trans-Pacific Partnership, starting a countdown to a congressional vote that could […] Read more
TPP deal to pressure Canadian dairy farmers, Saputo says
Reuters — Canadian farmers will get squeezed between new trade deals that allow more dairy imports to enter the country and slow-growing domestic consumption, Saputo’s CEO said on Thursday. The Trans-Pacific Partnership trade deal is expected to open access for New Zealand, the U.S. and other countries to 3.5 per cent of the Canadian market, […] Read more
Canada to review TPP pact, seek public input
Ottawa | Reuters –– Canada’s new Liberal government will review a landmark Pacific trade deal negotiated by the outgoing Conservatives and wants public input on the accord, Trade Minister Chrystia Freeland said Thursday. Some Canadian dairy farmers and auto workers say their jobs could be threatened by the 12-nation Trans-Pacific Partnership, which seeks to cut […] Read more
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