Advantages and Disadvantages for Canada of Multilateral, Regional and Bilateral Trade Agreements

5 Pages Posted: 20 Feb 2016 Last revised: 29 Jun 2016

See all articles by Dan Ciuriak

Dan Ciuriak

Ciuriak Consulting Inc.; C.D. Howe Institute; Centre for International Governance Innovation (CIGI); BKP Development Research & Consulting GmbH; Asia Pacific Foundation of Canada

Date Written: February 18, 2016

Abstract

Canada is at an historic juncture with regard to trade policy, deciding on ratification of the Canada-EU and Trans-Pacific Partnership agreements, having seen the multilateral option effectively removed at the WTO Ministerial at Nairobi in 2015, and facing constraints in making additional economic gains from serial bilateral agreements. The key issues facing Canada revolve around the rules regime and in particular the intellectual property rules promoted by the mega-regional agreements. This brief argues that Canada needs to do the math on the agreements, and to urgently fashion a trade and innovation regime to compete in the age of innovation.

Keywords: Canada, CETA, TPP, intellectual property, innovation, rules of origin, FTAs, Mega-regionals

JEL Classification: F13, F14, F15

Suggested Citation

Ciuriak, Dan, Advantages and Disadvantages for Canada of Multilateral, Regional and Bilateral Trade Agreements (February 18, 2016). Available at SSRN: https://ssrn.com/abstract=2734404 or http://dx.doi.org/10.2139/ssrn.2734404

Dan Ciuriak (Contact Author)

Ciuriak Consulting Inc. ( email )

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C.D. Howe Institute ( email )

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BKP Development Research & Consulting GmbH ( email )

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Asia Pacific Foundation of Canada ( email )

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