Why the TPP is in Canada's best interest

Writing in the Globe and Mail, Kevin Lynch (a vice-chair at the Bank of Montreal), Tiff Macklem (dean at the Rotman School of Management) and Daniel Trefler (also from the Rotman School of Management) state "the potential costs of not being in a multilateral trade agreement anchored by the Unit...

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Bibliographic Details
Published inPrince Albert daily herald
Main Author Hoback, Randy
Format Newspaper Article
LanguageEnglish
Published Prince Albert, Sask FolioJumpline Publishing, Inc 18.01.2016
Subjects
Competitive advantage
GDP
Gross Domestic Product
International trade
Macklem, Tiff
Trade agreements
Canada
United States > US
Asia
China
Japan
India
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Summary:Writing in the Globe and Mail, Kevin Lynch (a vice-chair at the Bank of Montreal), Tiff Macklem (dean at the Rotman School of Management) and Daniel Trefler (also from the Rotman School of Management) state "the potential costs of not being in a multilateral trade agreement anchored by the United States are significant and real for a NAFTA partner." Besides risking our competitive advantage in the American economy, not signing the TPP would handicap Canada in other Asian markets. Since the TPP focuses on SMEs in a significant way, according Eva Busza and Justin Elavathil at the Asia Pacific Foundation this focus "could prove extremely beneficial" to Canadian companies. Randy Hoback, Member of Parliament for Prince Albert is the Former Chair of the House of Commons Standing Committee on International Trade Credit: Randy Hoback
ISSN:0839-5381