CORRECTION, Oct. 7: Canada’s supply managed sectors can expect to lose $4.3 billion to foreign interests in the 15 years following the implementation of the Trans-Pacific Partnership. After years of negotiations, Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the U.S. and Vietnam reached an agreement Monday morning, which includes granting access […] Read more
Tag Archives trans-pacific partnership — page 7
VanRaes: TPP deal seen shrinking supply-managed markets
Election shifts attention to trade deal as race narrows
Ottawa | Reuters –– Trailing in second place with two weeks left before Canada’s election, Conservative Prime Minister Stephen Harper announced a new trade deal Monday that largely protects the key agricultural voting bloc, putting pressure on opponents who had hoped to have more to attack. Harper touted the Trans-Pacific Partnership as a good deal […] Read more
Canada says TPP offers limited access to dairy market
Ottawa | Reuters — Canada said on Monday that a major trade deal agreed by 12 Pacific nations would only allow limited access to protected Canadian domestic dairy and poultry markets, a politically sensitive issue ahead of the Oct. 19 election. Officials said the Trans-Pacific Partnership (TPP) would offer up just 3.25 per cent of […] Read more
After five years of negotiations, TPP talks near deal
Atlanta | Reuters — A dozen Pacific nations closed in on a sweeping free trade pact on Sunday in Atlanta after a breakthrough over how long a monopoly pharmaceutical companies should be given on new biotech drugs. The issue has pitted the U.S., which has argued for longer protections, against Australia and five other delegations […] Read more
TPP deal near resolution, Japan says
Atlanta | Reuters — Japan’s Economy Minister Akira Amari said on Friday negotiators were close to reaching a sweeping Pacific Rim trade deal, citing progress on the remaining issues involving autos, dairy products and intellectual property protections for expensive biologic drugs. Amari, who spoke to reporters before a meeting of the 12 trade ministers represented in […] Read more
Pacific trade ministers extend talks through Saturday
Atlanta | Reuters — Pacific trade ministers are extending talks on a free trade deal between a dozen nations through Saturday in a bid to reach a final agreement, representatives from Japan and Mexico said Thursday. Japanese Economy Minister Akira Amari said the extension on Trans-Pacific Partnership (TPP) talks in Atlanta showed ministers thought there […] Read more
NDP would not feel bound by Pacific trade deal
Ottawa | Reuters — Canada’s main opposition party said Friday that if it won an Oct. 19 election, it would not feel bound by the terms of a major Pacific trade deal the ruling Conservatives are negotiating in the United States. The New Democrats, currently trailing third in the polls, said in a letter to […] Read more
TPP trade ministers push to wrap up ambitious trade deal
Atlanta | Reuters — Pacific trade ministers readied on Wednesday to close the biggest trade deal in a generation but warned there was still work to be done on issues ranging from intellectual property to trade in dairy and automobiles. Australian Trade Minister Andrew Robb said ministers from the 12 countries negotiating the Trans-Pacific Partnership […] Read more
Canada to pay farmers for any losses under TPP deal, Ritz says
Reuters — Canadian farmers will receive government compensation for any losses resulting from a Trans-Pacific Partnership (TPP) trade deal, the country’s agriculture minister said Wednesday in a discussion about the nation’s protected farm sectors. The U.S., New Zealand and Australia want Canada to start dismantling a system of supply and import controls over dairy, poultry […] Read more
Farmers, upset over TPP talks, take cows to Parliament
Ottawa | Reuters — Unhappy Canadian dairy farmers parked dozens of tractors in central Ottawa and walked their cows down the main street opposite Parliament on Tuesday to protest trade talks they said could cripple them. Canada is one of 12 Pacific Rim countries trying to nail down a trade deal in Atlanta this week. […] Read more
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