Canada is currently in various bilateral and multilateral free trade agreements (FTA) with countries all over the world. Here are Canada’s current FTAs:
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Canada – Chile Free Trade Agreement (CCFTA)
The CCFTA has been in force since July 1997, and have tripled two-way merchandise trade between Canada and Chile.
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Canada – Colombia Free Trade Agreement (CCOFTA)
The CCOFTA was signed by Canada in 2008 and came into force in August 2011.
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Canada – Costa Rica Free Trade Agreement (CCRFTA)
The CCRFTRA came into force November 2002 and focuses mainly on trade in goods. Efforts to modernize and broaden the CCRFTA are ongoing.
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Canada – European Free Trade Association (EFTA)
The EFTA is a goods-only agreement with an emphasis on tariff elimination between Iceland, Liechtenstein, Norway and Switzerland. It came into force July 2011.
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Canada – Honduras Free Trade Agreement (CHFTA)
The CHFTA came into force October 2014, and strengthens the commercial relationship between Canada and Honduras.
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Canada – Israel Free Trade Agreement (CIFTA)
The CIFTA came was brought into force January 1997, but has been in the process of modernization since 2014.
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Canada – Jordan Free Trade Agreement (CJFTA)
The CJFTA has been in force since October 2012.
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Canada – Korea Free Trade Agreement (CKFTA)
The CKFTA entered into force on January 2015 and provides exporters with preferential access to Korea.
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Canada – Panama Free Trade Agreement (CPAFTA)
The CPAFTA run parallel to other agreements that focus on labour cooperation and cross-border trade. It came into force April 2013.
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Canada – Peru Free Trade Agreement (CPFTA)
The CPFTA came into force on August 2009, with parallel accords on environmental and labour cooperation also in force.
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North American Free Trade Agreement (NAFTA)
Coming into effect January 1994, NAFTA created the largest free trade region in the world, linking 450 million people and producing $20.7 trillion worth of goods and service. In January of 2008 all tariffs between the three countries were eliminated.
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Comprehensive Economic and Trade Agreement (CETA)
CETA was signed by the Canadian Prime Minister and EU officials in October 2016. It is expected to be ratified in 2017.
