Ottawa, March 8, 2018 – The Canadian Chamber of Commerce welcomes today’s signing of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP). This agreement represents a major opportunity for Canadian businesses to gain greater access to the fast growing Asia-Pacific region.
“It is vital that Canadian businesses continue to diversify their export markets. This agreement will bring down trade barriers for companies across a number of sectors and open up access to some of the most important markets in the world,” said the Hon. Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. “The Chamber will do everything we can to ensure that Canadian businesses take full advantage of the opportunities that are being created.”
Canadian businesses will have access to nearly 500 million consumers through this agreement. Canada’s engagement in this region is important as it builds our presence in markets where we should be doing much more business.
The Canadian Chamber calls on the government to work closely with sectors and regions that may be adversely affected by the agreement. We welcome the release of the CPTPP side letters and continue to encourage the government to use all possible policy measures to ensure the Canadian business environment is a competitive destination for investment in all sectors of the economy.
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.
Guillaum W. Dubreuil
Senior Director, Public Affairs and Media Relations
The Canadian Chamber of Commerce