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Canada Restarts Free Trade Negotiations with South American Trading Bloc

Posted April 28, 2017

Under Economic Issues, International Trade Issues


(Janyce McGregor – CBC News)

Canada’s hectic international trade agenda is about to get even busier, as it takes new steps toward formal free trade negotiations with Mercosur, the trading bloc that includes the key South American markets of Argentina, Brazil, Paraguay and Uruguay, CBC News has learned.

A government source, speaking on condition of anonymity, revealed that tomorrow the federal government will kick off a consultation process to help shape Canada’s negotiating position: what it wants to target in these large consumer markets, and what it might be willing to give up in order to make that happen.

Canada held exploratory talks with Mercosur under the previous Conservative government in 2011-12. But talks have been dormant since then. Click here to read more.