Canadian Chamber of Commerce : Welcomes Announcement on Renewed Pacific Trade Agreement

Ottawa, January 23, 2018 - The Canadian Chamber of Commerce welcomes news that an agreement has been reached in Tokyo to secure Canada's continued participation in the Comprehensive and Progressive Trans Pacific Partnership agreement.

'At this point, we're still waiting for the details of the agreement, including specifics regarding Canada's automotive sector,' said Perrin Beatty, President and CEO of the Canadian Chamber. 'However, the fact that these eleven countries are committed to taking down trade barriers provides a powerful and positive message about the future of global trade.'

Asia Pacific, the fastest growing region in the world, presents new opportunities for Canada and our engagement is vital for our trade-dependent nation. Free trade is a vital engine for growth.

We continue to encourage the Canadian government to work towards an agreement that benefits the Canadian economy, mindful of those sectors and regions that might be adversely affected. The Canadian Chamber of Commerce is committed to supporting businesses and government to make the CPTPP a success.

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The Canadian Chamber of Commerce is the vital connection between business and the federal government. It helps shape public policy and decision-making to the benefit of businesses, communities and families across Canada with a network of over 450 chambers of commerce and boards of trade, representing 200,000 businesses of all sizes in all sectors of the economy and in all regions. Follow us on Twitter @CdnChamberofCom.

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Contact:

Guillaum W. Dubreuil
Senior Director, Public Affairs and Media Relations
The Canadian Chamber of Commerce
613.797.1860
[e-mail]