Canadian participation in the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) was called into question by Canada's hold-up on signing the draft agreement among the remaining eleven negotiating parties following US withdrawal. This raised the possibility of the CPTPP...

Canadian business and political leaders have long looked to strengthen bilateral economic relations with the ASEAN Economic Community based on its openness to trade, its dynamism and its integration into Asian production chains. Given the shift from an Asia-Pacific to an Indo-Pacific framing for...

With new or updated trade agreements in place covering trade in North America, with Europe, and with many of its major trading partners in the Pacific Rim, Canada’s trade diversification strategy must increasingly look to the Global South. In the high-growth developing world, ASEAN stands out....

In the advanced economies, services and intellectual content – the so-called “new economy” – have accounted for an increasing share of output, with a resulting decline in material inputs. While this was partly enabled by the transfer of the weightier parts of production to developing...

The economics of the emerging data-driven economy can be situated in theoretical models of endogenous growth which introduce research and development, human capital formation, and Schumpeterian creative destruction as drivers of economic growth, together with positive externalities related to...

From primary industries, to cities to agriculture, who owns data and what they are allowed to do with it has implications for the ability of entrepreneurs to grow their businesses and compete on a world stage. In the context of the emerging data-driven economy, which features “winner take...

This paper analyzes the impact of the Canada-Korea Free Trade Agreement on the basis of the published text and agreed schedule of commitments. We find that the Agreement reinforces existing patterns of comparative advantage between Canada (agriculture and resource-based sectors) and Korea (autos...

The computable general equilibrium model has become the workhorse tool for assessing the impacts of bilateral trade liberalization. This paper draws on recent experience within Foreign Affairs and International Trade Canada in modeling the impacts of potential free trade agreements with various...

This document assesses the economic impacts of a free trade agreement between Canada and Korea, using the Global Trade Analysis Project (GTAP) CGE model and version 6 of its database (base year 2001). Five alternative scenarios are simulated based on a range of assumptions concerning the...