Close X
Monday, December 2, 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

    Uber Gets Taxi Brokerage License In Toronto, Uberx Still Acting Outside Bylaws

    Uber Gets Taxi Brokerage License In Toronto, Uberx Still Acting Outside Bylaws
    Uber spokeswoman Susie Heath says it has been working with the city's licensing division for the brokerage for its service, Uber Taxi, that connects riders with cab drivers in the city through a mobile app.

    Uber Gets Taxi Brokerage License In Toronto, Uberx Still Acting Outside Bylaws

    Jury Has Reached Verdict In Trial Of Toronto Cop Charged With Murder

    Jury Has Reached Verdict In Trial Of Toronto Cop Charged With Murder
    Const. James Forcillo is also charged with attempted murder in the death of 18-year-old Sammy Yatim.

    Jury Has Reached Verdict In Trial Of Toronto Cop Charged With Murder

    WWE Stars Hit Pause On Fights To Preach Anti-Bullying Effort

    WWE Stars Hit Pause On Fights To Preach Anti-Bullying Effort
    When WWE wrestlers stop beating each other with kendo sticks, plowing each other through tables or delivering chair shots to the back, they take a moment to deliver a simple, if paradoxical, message.

    WWE Stars Hit Pause On Fights To Preach Anti-Bullying Effort

    U.S. Politician Says Listen To Kids In Wake Of School Shootings Like La Loche

    U.S. Politician Says Listen To Kids In Wake Of School Shootings Like La Loche
    A Washington state senator whose own community was ripped apart by a school shooting in 2014 has advice for Canadian leaders as they grapple with the aftermath of Friday's killings in La Loche, Sask.

    U.S. Politician Says Listen To Kids In Wake Of School Shootings Like La Loche

    Medical Cannabis Producer Bedrocan Lowers Its Prices To $5 A Gram

    Medical Cannabis Producer Bedrocan Lowers Its Prices To $5 A Gram
    The company's products previously cost $7.50 a gram.

    Medical Cannabis Producer Bedrocan Lowers Its Prices To $5 A Gram

    Details Of Teacher Contracts To Be Released 'as Soon As Possible': Minister

    Liz Sandals has answered questions about $3.74 million in payments to cover negotiating costs for several unions by promising to release the agreements once all are finalized.  

    Details Of Teacher Contracts To Be Released 'as Soon As Possible': Minister