The Canada-United States-Mexico Agreement (CUSMA), as amended by the Protocol of Amendment signed December 10, 2019, represents a major overhaul of the now-dated 1994 North American Free Trade Agreement (NAFTA). However, it is unusual in that it has little traditional tariff liberalization,...

This paper analyzes the impact of the Canada-Korea Free Trade Agreement on the basis of the published text and agreed schedule of commitments. We find that the Agreement reinforces existing patterns of comparative advantage between Canada (agriculture and resource-based sectors) and Korea (autos...

This note discusses the scale of the risks to bilateral UK-EU trade under alternative scenarios for the UK leaving the Union, including a hard Brexit, a soft EFTA-like Brefta, and the scope for the foregone UK-EU trade to be made up through alternative agreements. It comments on the risks to...

With the recent completion of a second Joint Study regarding a Canada-Japan Free Trade Agreement, and Canada's entry into the Trans-Pacific Partnership negotiations, which may eventually include Japan, the implications of trade liberalization with Asian economies gains renewed interest, in...

The results of the 1997 APEC cycle under the Canadian chair are assessed against the backdrop of the rapid expansion of APEC from the first meeting of Ministers from twelve Pacific rim economies in Canberra in 1989. By the time of the Vancouver meetings, the number of economies in APEC had...