TPP11 is Canada’s chance to get a trade deal with Japan

Despite the withdrawal of the U.S. from the Trans-Pacific Partnership agreement (TPP), the largest trade deal in history hasn’t disappeared. In fact, Japan and New Zealand have already formally ratified the deal – now the TPP11 – and other signatories are looking to do the same. Canada should follow suit, if for no other reason

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What Ottawa’s softwood lumber aid package means for the industry

Today’s announcement of an $867 million support package from Ottawa for the softwood sector comes just one month after the U.S. imposed countervailing duties, averaging 20 per cent, on Canadian softwood lumber shipped into the U.S. The quick response from the federal government comes even before the full extent of the impact of U.S. duties

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Dairy, lumber and NAFTA: Protectionism hurts consumers on both sides of the border

For more than 20 years, the North American Free Trade Agreement (NAFTA) has facilitated an expansion of trade in goods and services between Canada, the United States and Mexico. That expansion, the business built upon it and US$2 billion a day in trade between Canada and the U.S. are all potentially at some risk in

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Latest salvo in softwood war must galvanize Canada on market diversification

It’s official. This week, the U.S. Commerce Department announced it will impose countervailing duties on Canadian softwood lumber entering the U.S. – an average of 20 per cent. In June, it will conclude a second investigation initiated by the U.S. lumber lobby, and is expected to slap additional anti-dumping duties of 20 to 30 per

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Market diversification is Canada’s best defence in softwood dispute

This week’s federal budget promised Ottawa is working “towards a new softwood lumber trade agreement that will be fair and helpful to consumers and businesses on both sides of the border (pdf).” However, the budget contains few measures directed at the industry in the likely event that a new agreement is not reached before the U.S.

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Time is ticking on getting a new Softwood Lumber Agreement

President Obama’s address to the House of Commons on Thursday touted the benefits of free trade and the co-operative relationship between the U.S. and Canada. While many of his remarks received thunderous applause, his silence on a major trade dispute that has been flaring up between the two neighbours for centuries was just as deafening. It was

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