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Visit of President Park marks new beginning for Canada-Korea business

22-09-2014

What a difference a year can make.

When I was in Seoul last fall, the mood was dreary. Canada and Korea have a long history of diplomatic ties and Canada is home to the fourth largest Korean diaspora in the world. But the economic side of our relationship was failing to keep up.

Negotiations towards a bilateral free trade agreement, launched all the way back in 2005, were stuck in their tracks. Canada’s exports to Korea were growing at a much slower pace than they were in other parts of Asia. New agreements between Korea and the United States and Australia threatened to further undermine the market position of Canadian companies. Canada’s local beef marketing office was planning to shut down.

It seemed like our two countries were going in separate directions.

Trade talks are never easy and the legitimate concerns of key industries in both countr ...

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Posted on 15-09-2014

Canadians eagerly await a more open domestic market

Ottawa, August 29, 2014 – Canadian Premiers met in Charlottetown this week to discuss the many challenges facing the Canadian economy. Issues such as greater investment in infrastructure, energy and the environment and labour issues were discussed. The most critical issue on the table was the need to remove internal barriers that divide Canada’s national market into small provincial blocks in some industries.

The agreement currently governing Canada’s internal market – the Agreement on Internal Trade (AIT) – was concluded in 1994 after NAFTA was signed. Since then, it’s been amended 13 times, but the process of eliminating barriers continues to be terribly slow.

Posted on 29-08-2014

Featured Publications

A Path Forward for Entrepreneurship in Canada (2014)

In 2013 and 2014, we conducted seven roundtables across Canada with leaders of entrepreneurial firms to identify the challenges they face and opportunities they anticipate to understand how the federal government and the Canadian Chamber of Commerce could support them most effectively. This report outlines what we heard.

Moving Oil by Water (July 2014)

Oil and its transportation have become one of the most pressing policy debates of the last few years. This inforgraphic outlines five key facts that should be part of the debate about transporting oil by water, a key part of securing Canada’s energy trade with the world.

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