Despite growing opposition in Canada, the Canadian government has begun formal participation in the Trans Pacific Partnership negotiations, aimed at establishing one of the world’s most ambitious trade agreements. As nearly a dozen countries – including the United States, Australia, Brunei, Chile, Malaysia, New Zealand, Peru, Singapore, Mexico and Vietnam – gathered in New Zealand last week for the 14th round of talks, skeptics here have already expressed doubts about the benefits of the proposed deal.
Canada has free-trade agreements with the United States, Mexico, Chile and Peru, leaving just six countries – currently representing less than 1 per cent of Canadian exports – as the net gain. Moreover, the price of entry may be high, since leaked documents suggest the deal might require a major overhaul of Canadian agriculture, investment, intellectual property and culture protection rules.
While the substance of the TPP is cause for concern, my weekly technology law column (Toronto Star version, homepage version) argues the more immediate issue is the lack of transparency associated with both the negotiations and Canada’s participation in them. The talks remain shrouded in secrecy, with a draft text that is confidential; public interest groups are largely banned from the venue where the negotiations are being held.