(Globe & Mail)
Is a hoped-for deal on Canada-Japan free trade falling apart? Yes. And no.
It’s true that talks appear to be languishing. No date has yet been set for the eighth round of free-trade negotiations between the two countries, according to a memorandum of the Department of Foreign Affairs, Trade and Development.
But Japan and Canada both have bigger free-trade fish to fry just now. What’s more, these fish are actually in the same frying pan, namely the Trans-Pacific Partnership negotiations among 12 Pacific Rim countries, including the United States.
If the TPP talks are successful, the resulting agreement will be especially beneficial to a middle economic power such as Canada. Click here to read more.