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ARTICLE · 15 JANUARY 2019

CPTPP Implemented In Canada: What You Need To Know

Osler, Hoskin & Harcourt LLP
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In this international trade brief, we discuss the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and why this international trade arrangement

CanadaInternational Law
Osler, Hoskin & Harcourt LLP
Osler, Hoskin & Harcourt LLP
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In this international trade brief, we discuss the implementation of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and why this international trade arrangement presents yet another immense opportunity and challenge for Canadian businesses.

On December 30, 2018, the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was implemented as between Canada, Australia, Mexico, New Zealand, Japan and Singapore.

As described in our earlier international trade brief on the agreement, the CPTPP evolved from the Trans-Pacific Partnership (TPP), which was a comprehensive regional trade agreement negotiated between 12 countries bordering the Pacific Ocean including the United States (U.S.). However, on the heels of being inaugurated into his Office in January 2017, U.S. President Donald Trump issued an executive order unilaterally pulling the U.S. out of the deal. As the TPP required ratification by at least six

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