Canada to reveal next step in closer China trade ties
Harper to make announcement at G20 leaders summit in Mexico
By Louise Elliott, CBC News
Posted: Jun 19, 2012 5:02 AM ET
Last Updated: Jun 19, 2012 6:58 AM ET
Prime Minister Stephen Harper takes a break during a plenary session at the G20 meetings in Los Cabos, Mexico on Monday. Canada is set to announce the next steps towards a potential trade deal with China at the meetings on Tuesday. (Adrian Wyld/Canadian Press)Canada is set to announce it has completed an important step toward closer trade ties with China, CBC News has learned.
Prime Minister Stephen Harper is expected to make the announcement later today at the G20 leaders summit in Mexico.
Senior sources say Harper will detail some of the next moves toward closer trade integration with China, the dynamo of the emerging economies that include Brazil, Russia and India.
Today's announcement follows the successful completion of a joint study announced by both countries during Harper’s trip to China last February.
The study was focused on finding ways to enhance trade and economic activity between the two countries, and was deemed a success.
While the European crisis has stolen the spotlight at this G20 summit, Canadian officials have been working behind the scenes to secure developments on the trade front.
Canada is also seeking entry into the Trans-Pacific Partnership — a U.S.-led trade initiative involving several other Pacific economies but not China.
International Trade Minister Ed Fast is also at the summit and will attend today's announcement.
It's not expected the announcement will mean full-on free trade talks – at least, not yet.
Experts have warned the complications posed by the Chinese economy mean it may be more productive to find other measures of improving market access, and protecting investors, at least in the short term.
More exploratory talks and more joint study with China are probably also in the offing, said a senior source.
The announcement will be presented as a coup for the Canadian prime minister, who has told troubled EU countries that they need to take a page from Canada and adopt aggressive pro-growth and pro-trade strategies.
The Canadian government views the announcement as a step to a more diversified Canadian economy.
Share Tools
Speaker rules Bezan/Glover case raises prima facie privilege questions by Kady O'Malley Jun. 18, 2013 6:29 PM Conservatives move to shut down debate on motion to send the matter to committee for further study.
Top News Headlines
- 2 men jailed in Dominican wedding fight return to Canada
- Two Canadian men who were detained in the Dominican Republic for nearly three weeks after a post-wedding fight broke out at a resort have returned to Toronto, the latest step in a drama that the wife of one of the men said was "like a scene from the movies." more »
- Senators call for 'zero tolerance' on harassment in RCMP
- The RCMP should amend its code of conduct to explicitly define and prohibit harassment, a Senate committee is recommending in a newly tabled report. more »
- Are e-cigarettes safe to puff?
- As electronic or e-cigarettes grow in popularity, some health advocates want them to be regulated. more »
- Most groups don't want return of Trudeau speaking fees
- Most of the 17 charitable and other organizations that have paid speaking fees to Liberal Leader Justin Trudeau during his time as an MP say they aren't interested in having their fees returned, despite Trudeau's offer on the weekend to reimburse any organization unhappy with his services. more »
Must Watch
Latest Politics News Headlines
- Canada to send peacekeeping troops to Haiti
- A handful of Canadian troops are about to take part in peacekeeping operation in Haiti, under the command of Brazilian forces, in a long-delayed mission that has been kept inexplicably low on the political radar. more »
- Most groups don't want return of Trudeau speaking fees
- Most of the 17 charitable and other organizations that have paid speaking fees to Liberal Leader Justin Trudeau during his time as an MP say they aren't interested in having their fees returned, despite Trudeau's offer on the weekend to reimburse any organization unhappy with his services. more »
- Senate scandal taking toll on Harper image, poll suggests
- An exclusive poll by Nanos Research for CBC News Network's Power & Politics suggests Prime Minister Stephen Harper may be paying a political price for his handling of the controversy over a $90,000 cheque written by his former chief of staff to pay Senator Mike Duffy's wrongly claimed expenses. more »
- Tory MP bows to Elections Canada in fight over expenses
- Conservative MP Shelly Glover has bowed to Elections Canada in a battle over her 2011 campaign expenses, days after filing a court challenge against the agency. more »
The National
The House
- Senator Tkachuk defends secretive committee's work Jun. 15, 2013 8:03 AM This week on The House, we ask Senator David Tkachuk about Mac Harb taking the Senate to court and Pamela Wallin's explanation for her expenses problems. Plus, National Chief of the Assembly of First Nations Shawn Atleo has strong words for the Harper government's approach to First Nations issues. The Aboriginal Affairs Minister Bernard Valcourt is here to respond.
- Canadians in Dominican wedding fight freed from jail
- Huge ancient city at Angkor Wat revealed by lasers
- Montreal mayor resigns amid corruption charges
- TV chef Nigella Lawson's husband cautioned by police for assault
- Disabled woman's care before dying on bus still a mystery
- Student with bullied past, 'The Doorman,' graduates
- Parents of son 'brutally beaten' playing hockey want charges
- 'Standing man' inspires new, silent protests in Turkey
- G8 leaders agree to 7-point plan on Syria as summit wraps


