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What is Canada's CPTPP?
- The CPTPP reflects Canada’s high-standard approach to addressing financial services in trade agreements. It incorporates a standalone chapter on financial services, which includes tailored provisions on market access, national treatment, most-favoured-nation treatment and regulatory transparency.
Canada Gazette, Part 1, Volume 154, Number 42: Comprehensive and
www.gazette.gc.ca/rp-pr/p1/2020/2020-10-17/html/sup1-eng.htmlHow does the CPTPP benefit Canada?
- In addition to the increase in exports, investment in Canada increases by $810 million, as a result of both greater foreign direct investment as well as more investment by domestic businesses. The central benefits for Canada from the CPTPP are the preferential market access to new FTA partner countries through tariff elimination and reduction.
Economic impact of Canada’s participation in the Comprehensive and
www.international.gc.ca/trade-commerce/trade-agreements-accords-commerciaux/agr-acc/cptpp-ptpgp/impact-repercussions.aspx?lang=engWhat does the CPTPP mean for Canadian financial institutions?
- 1. TPP Provisions The CPTPP seeks to provide a high level of confidence to Canadian financial institutions by locking in current levels of market access and future liberalization in all CPTPP Parties.
Canada Gazette, Part 1, Volume 154, Number 42: Comprehensive and
www.gazette.gc.ca/rp-pr/p1/2020/2020-10-17/html/sup1-eng.htmlWhat are Canada's New features in the CPTPP?
- New features of the Chapter include commitments that allow for the cross-border delivery of electronic payment card services, and that ensure a level-playing field for Canadian insurers competing with postal entities that supply insurance in CPTPP Parties. Canada’s objectives in the CPTPP were twofold.
Canada Gazette, Part 1, Volume 154, Number 42: Comprehensive and
www.gazette.gc.ca/rp-pr/p1/2020/2020-10-17/html/sup1-eng.html