Close X
Wednesday, December 4, 2024
ADVT 
National

Canada Will Sign Controversial TPP Trade Deal, But Ratification Not Certain

Darpan News Desk The Canadian Press, 25 Jan, 2016 12:55 PM
    OTTAWA — The federal government has confirmed that it intends to sign the controversial Trans-Pacific Partnership trade deal at a meeting next week in New Zealand.
     
    But that doesn't mean the Liberal government will ultimately ratify the 12-country treaty, International Trade Minister Chrystia Freeland said Monday.
     
    "Just as it is too soon to endorse the TPP, it is also too soon to close the door," Freeland wrote in an open letter posted on her department's website.
     
    "Signing does not equal ratifying.... Signing is simply a technical step in the process, allowing the TPP text to be tabled in Parliament for consideration and debate before any final decision is made."
     
    Only a majority vote in the House of Commons would ensure Canada's ratification of the deal, she added. She has also requested a thorough, transparent study of the agreement by parliamentary committee.
     
    In recent weeks, Freeland has conducted public consultations on the wide-ranging accord. 
     
     
    She said she's heard both opposition and support for the deal.
     
    "It is clear that many feel the TPP presents significant opportunities, while others have concerns," Freeland wrote.
     
    "Many Canadians still have not made up their minds and many more still have questions."
     
    The minister has already indicated the massive accord, which includes major economies such as the United States and Japan, cannot be renegotiated.
     
    Freeland said each country has up to two years to consider ratification before making a final decision. She pointed out that by signing the deal Canada will keep its status as a potential full partner in the agreement.
     
     
    Trade ministers from the TPP's partner countries have been invited to sign the deal on Feb. 4 in Auckland.
     
    The former Conservative government announced an agreement-in-principle on the pact in October during the federal election campaign.
     
    In a recent interview with The Canadian Press, Freeland said Canada must remain deeply connected to the global economy, particularly since the country boasts just the 11th-biggest economy in the world.
     
    "We are strongly in favour of free trade," she said. "Having said that, we're not the government that negotiated the TPP."

    MORE National ARTICLES

    Feds Seek More Cities To Take Syrian Refugees But Will Only Pay Until Next Year

    Feds Seek More Cities To Take Syrian Refugees But Will Only Pay Until Next Year
    OTTAWA — More cities could see Syrian refugees sent their way but federal funds to help support them will only last until March 2017.

    Feds Seek More Cities To Take Syrian Refugees But Will Only Pay Until Next Year

    Hottest Average Global Temperature Ever Recorded Didn't Apply To Canada In 2015

    Hottest Average Global Temperature Ever Recorded Didn't Apply To Canada In 2015
    Call it cold comfort, but Atlantic Canada was one of the only regions on the planet that had cooler-than-average temperatures last year, according to Environment Canada.

    Hottest Average Global Temperature Ever Recorded Didn't Apply To Canada In 2015

    Alberta Federation Of Labour Says Requiring Doctor's Note A Waste Of Time

    Alberta Federation Of Labour Says Requiring Doctor's Note A Waste Of Time
    EDMONTON — The Alberta Federation of Labour is calling on the provincial government to do away with the longstanding practice of employers asking employees for a doctor's note to verify absences.

    Alberta Federation Of Labour Says Requiring Doctor's Note A Waste Of Time

    Canadian Pacific Railway To Cut 1,000 Positions This Year

    Canadian Pacific Railway To Cut 1,000 Positions This Year
    The Calgary-based company says most of the cuts to unionized and management positions will result from attrition and kick in by mid-year.

    Canadian Pacific Railway To Cut 1,000 Positions This Year

    Kamloops B.C., Family Saved From Carbon Monoxide Poisoning By Crying Toddler

    Kamloops B.C., Family Saved From Carbon Monoxide Poisoning By Crying Toddler
    Fifteen-month-old Celia Rupple is being credited with saving her life, the lives of her parents, and the family's several cats and dogs after carbon monoxide filled their Kamloops

    Kamloops B.C., Family Saved From Carbon Monoxide Poisoning By Crying Toddler

    Science World to Host Award-Winning Bartenders at Science of Cocktail Event!

    Science World to Host Award-Winning Bartenders at Science of Cocktail Event!

    Think molecular mixology, snappy suits and dazzling dresses. For one night only, the Science of C...

    Science World to Host Award-Winning Bartenders at Science of Cocktail Event!