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List of Canadian Free Trade Agreements

2021.12.15 by.若の屋

Canada is known for its strong economy and global trade relations. As a trading nation, Canada has signed several free trade agreements with many countries around the world. These agreements have allowed Canadian businesses to expand their reach and access new markets, promote economic growth, and increase job opportunities for Canadians.

Here is a list of Canadian free trade agreements:

North American Free Trade Agreement (NAFTA)

NAFTA is a free trade agreement between Canada, the United States, and Mexico. It was signed in 1994 and has since been a major driver of economic growth and trade among the three countries. NAFTA has allowed for the free movement of goods and services, as well as investments and people, across North America.

Canada-European Union Comprehensive Economic and Trade Agreement (CETA)

CETA is a free trade agreement between Canada and the 27 member states of the European Union. It was signed in 2016 and came into effect in 2017. CETA has eliminated most tariffs on goods and services, created more opportunities for Canadian businesses to bid on government contracts in the EU, and established new rules to protect intellectual property.

Canada-United States-Mexico Agreement (CUSMA)

CUSMA is the successor to NAFTA and was signed in 2018. It maintains the core elements of NAFTA while updating certain provisions to reflect changes in the global economy. CUSMA includes new chapters on digital trade, labor rights, and environmental protections.

Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP)

CPTPP is a free trade agreement between Canada and 10 other countries in the Asia-Pacific region, including Japan, Australia, and Singapore. It was signed in 2018 and came into effect in 2019. The agreement eliminates or lowers tariffs on a wide range of goods and services and includes provisions on labor and environmental standards, intellectual property, and government procurement.

Canada-Korea Free Trade Agreement (CKFTA)

CKFTA is a free trade agreement between Canada and South Korea. It was signed in 2014 and came into effect in 2015. The agreement eliminates tariffs on a wide range of goods and services, including agricultural products and vehicles. It also includes provisions on investment, intellectual property, and government procurement.

Canada-Honduras Free Trade Agreement (CHFTA)

CHFTA is a free trade agreement between Canada and Honduras. It was signed in 2013 and came into effect in 2014. The agreement eliminates tariffs on goods and services, including agriculture, and includes provisions on labor and environmental standards, intellectual property, and government procurement.

Canada-Panama Free Trade Agreement (CPFTA)

CPFTA is a free trade agreement between Canada and Panama. It was signed in 2010 and came into effect in 2013. The agreement eliminates tariffs on a wide range of goods and services, including agriculture, and includes provisions on investment, intellectual property, and government procurement.

In conclusion, Canada has an extensive network of free trade agreements that have helped to promote economic growth and job opportunities for Canadians. These agreements have allowed Canadian businesses to expand their reach and access new markets, making Canada a strong and competitive player in the global economy.