A Trans-Pacific Welcome?

Abstract

Canada has built a strong global rapport in foreign relations that provides a solid foundation in which future trade may realize success. The Canadian government has acknowledged the importance of growing trade and investment to the standards of living and future prosperity of Canadians.1 Among Canada's international priorities and objectives stand the Trans-Pacific Partnership (TPP) and the Latin America region as areas of focus.2 Although Canada has specified interest in exploratory discussions with Mercosur to enhance trade relations with related countries, it may not be the only way to access Latin American markets moving forward and consideration should be placed on other multilateral agreements with strict standards and great promise. The Trans-Pacific Partnership is a potential multilateral agreement in which not only Canada, but also multiple Latin American countries have expressed interest. It is from this base and through this connection which this study stems.