TPP and Canada: Wishful Thinking on Supply Management?

August 26, 2014

08/26/14 By David N. Biette, Director, Canada Institute, Wilson Center. Americas Trade Policy

Photo by Flickr user I.A.M.

Photo by Flickr user I.A.M.

One of the many goals of multilateral trade agreements is to level the field so that companies, industries, and countries compete on the basis of market forces. This requires all participants to be willing to open their markets in protected sectors in exchange for better access to the markets of their trade partners. In order to get the benefits sought, each party to the negotiation has to give up something.

As Canada wraps up its Comprehensive Economic and Trade Agreement (CETA) with the EU, it remains deeply involved in another very ambitious multilateral negotiation: the Trans Pacific Partnership (TPP). Canada became an observer to the TPP negotiations in 2010, but did not become a full member until 2012 because New Zealand, one of the founders of the TPP negotiations, and the United States held up Canada’s request due to concerns about Canada’s supply management of dairy, poultry, and eggs, as well as the longstanding U.S. complaint about Canada’s lack of protection for intellectual property rights.

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Canada, Mexico move to align energy development as U.S. gets tough on fossil fuels

June 3, 2014

Financial Post, 06/03/14

Oil barrelsWhile the United States takes an aggressive stand against fossil fuels, its neighbours to the south and north are working together to boost oil and gas production.

A high-level delegation from Mexico was in Calgary Monday to invite Canadian companies to take advantage of its sweeping energy reforms.

Endowed with massive oil and gas resources, the two countries have made their development central to their economies, while taking the view that growth and environmental protection can move hand-in-hand, not at each other’s expense.

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NAFTA at 20: Success, Failure, or Something In Between?

January 9, 2014

NAFTAIt was going to change the world. Some said for the better and others for the worse. As we observe the 20th Anniversary of the North American Free Trade Agreement (NAFTA), listen to  three perspectives (Canada, Mexico, US) on the successes, failures, and implications of NAFTA for future trade agreements.

Link can be found here.


North America to Drown in Oil as Mexico Ends Monopoly

December 16, 2013

Bloomberg, 12/16/2013

factoryThe flood of North American crude oil is set to become a deluge as Mexico dismantles a 75-year-old barrier to foreign investment in its oilfields. Plagued by almost a decade of slumping output that has degraded Mexico’s take from a $100-a-barrel oil market, President Enrique Pena Nieto is seeking an end to the state monopoly over one of the biggest crude resources in the Western Hemisphere. The doubling in Mexican oil output that Citigroup Inc. said may result from inviting international explorers to drill would be equivalent to adding another Nigeria to world supply, or about 2.5 million barrels a day.

That boom would augment a supply surge from U.S. and Canadian wells that Exxon Mobil Corp. predicts will vault North American production ahead of every OPEC member except Saudi Arabia within two years. With U.S. refineries already choking on more oil than they can process, producers from Exxon to ConocoPhillips are clamoring for repeal of the export restrictions that have outlawed most overseas sales of American crude for four decades.

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Mexico, U.S. and Canada Issue a Joint Statement on North American Competitiveness, Innovation

October 29, 2013

NAFTA_logoThe Latin American Herald Tribune, 10/29/2013

U.S. Secretary of Commerce Penny Pritzker, Canadian Minister of International Trade Ed Fast and Mexican Secretary of Economy Ildefonso Guajardo issue a joint statement at the North American Competitiveness and Innovation Conference in San Diego on strengthening the three countries’ trade and economic relationship.

Read the statement here.

 


Educating the Continent

October 1, 2013

NAFTA_logoFrom our colleagues at the Canadian International Council, Jennifer Jeffs explains the importance of the developing education agenda between the US and Mexico and the potential for including Canada.

Canadian International Council, 9/30/2013

In recent weeks, Mexico City has been repeatedly under siege by teachers protesting against the government’s education reform program, part of a package of reforms that the Pena Nieto administration is determined will help fulfill the potential of Mexico, a country whose emerging middle-class now exceeds 40 million people. The current protests are against reforms that would professionalize the Mexican teaching profession, instituting teacher evaluations and ending the inheritance and sale of teaching positions.

Reform is essential. Mexico’s public education system comes last in OECD rankings in terms of results relative to cost. For a comparatively recent newcomer to the OECD club, this is not a surprising ranking, and a benefit of OECD membership is attention to members’ economic performance factors. Mexico’s poor score here has prompted the Pena Nieto government to act on education reform, a tough political battle, but an important one for Mexico, and for Canada.

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Working Paper: Mexico and the Energy Revolution

August 8, 2013

Energy -electricity_transmission_linesMexican Council on Foreign Relations – COMEXI

The global energy situation changed in that short period and with it the world map. North America,  particularly the United States and Canada, are leading a deep energy revolution that is providing   access to the world of hydrocarbons that were not considered economically or technically recoverable  in the past. Many of these resources are proposing an accelerated trans formation of industrial  processes based on natural gas, which leads to a significant reduction in greenhouse gas emissions and provides a few years to continue to develop renewable sources to replace hydrocarbons in due time. The old American dream of energy self- sufficiency may be possible, as well as a revival of its manufacturing capacity, and a profound transformation of the power and influence of all countries on the global energy diagram. That, which used to be a fact, is no longer true for anyone.
To view the rest of the article read the PDF.
The Energy Working Group’s material can be found here.

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