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ARTICLE · 29 FEBRUARY 2016

The Trans-Pacific Partnership (TPP): Implications For Canadian IP Law

McMillan LLP
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On February 4, 2016, Canada signed the Trans-Pacific Partnership (TPP) after 19 rounds of formal negotiations spanning the course of seven years.

CanadaIntellectual Property

On February 4, 2016, Canada signed the Trans-Pacific Partnership (TPP) after 19 rounds of formal negotiations spanning the course of seven years. While the TPP has been heralded as a great economic step forward for Canada, it has also been met with considerable controversy, particularly in relation to the TPP's intellectual property (IP) provisions.

The TPP is a free trade agreement with global significance – it has been estimated that the deal will affect a market of almost 800 million people, with an aggregate GDP of $28.1 trillion dollars. This amounts to approximately 40% of the global economy.1 With the aim of increasing free trade in the Asia-Pacific region, the TPP will reduce barriers to trade, and harmonize rules in such areas as investment, intellectual property, and labour. The twelve countries that have signed the TPP include Canada, the United States of America, Mexico, Chile, Peru, Australia, New Zealand, Japan, Singapore, Malaysia, Viet Nam and Brunei

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