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...

This note develops four alternative estimates of the trade-related impacts of the United Kingdom seceding from the European Union. We contrast two basic scenarios: an exit that re-sets the UK's relationship with the rest of the EU to a WTO-rules most favoured nation basis (“Brexit”), versus...

The Trans-Pacific Partnership and Transatlantic Trade and Investment Partnership will impact on substantive market regulations in a wide a range of areas bearing on market access, both by establishing substantive new horizontal and sectoral standards and by establishing requirements regarding...

The entry into force of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership will mark the end of a long and winding road for Canada in committing to an Asia Pacific trade strategy, marked by a number of significant shifts in the calculus of costs and benefits. This note...

In these notes, I comment on the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union, on its economics, and on its importance for the rules-based multilateral trading system at a time of disruptive change

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...

This study an analysis of the trade and economic implications of a Canada-ASEAN free trade agreement (FTA) using a dynamic computable general equilibrium model. The level of ambition is calibrated to be consistent with ASEAN's most ambitious FTA to date, namely that with Australia and New...

China appears to have been surprised by the sharp escalation of its rivalry with the United States into a full-blown trade war – and also to have initially mis-read the situation as one it could dispose of by writing a cheque before getting on with business as usual. I argue that there are...

This Research Report assesses the likely impact of the Trans-Pacific Partnership (TPP) on the British Columbia economy from the vantage point of what is known as the negotiations enter the end phase of negotiations in the Fall of 2014. The assessment is based on a two-step process. First, the...