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Canada formally joined the Trans-Pacific Partnership Pact negotiations

Canada has formally joined the Trans-Pacific Partnership Pact (the “TPP”) and will enter into its next round of discussions this December.  The TPP is an ambitious trade agreement among Pacific nations that is expected to facilitate Canada’s export opportunities to the fast growing Asia-Pacific region markets.    The TPP market represents over 658 million people and has a combined GDP of about $20.5 trillion Canadian dollars which would make it larger than that of the U.S. and Europe.   

Through the TPP, Canada will participate in the discussions calling for stricter intellectual property rights protection. Critics to the TPP widely opposed the provisions regarding restriction on internet openness and the adoption of restrictive copyright measures.  The United States complained that countries in the TPP have relatively few intellectual property rights protections and is pushing for trade rules that protect the free flow of information over the Internet.

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