Free Trade Agreements:
CANADA-UNITED STATES-MEXICO AGREEMENT (CUSMA)
Canada's total trade with the member countries of NAFTA was valued at $788 billion, accounting for 66.8% of Canada's total global trade in 2018. Top exporting industries included automotive manufacturing and natural resources.
Status: In force
Partner countries: United States, Mexico
CANADA-EUROPEAN UNION: COMPREHENSIVE ECONOMIC AND TRADE AGREEMENT (CETA)
Under the CETA, 98% of EU tariff lines are duty-free for Canadian goods. In 2018, Canada’s natural resources industry was the top exporter to CETA member countries.
Status: In force
Partner countries: Austria, Belgium, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, Netherlands, Poland, Portugal, Romania, Slovakia, Slovenia, Spain, Sweden, United Kingdom
COMPREHENSIVE AND PROGRESSIVE AGREEMENT FOR TRANS-PACIFIC PARTNERSHIP (CPTPP)
Once fully implemented, the CPTPP will form a trading bloc representing 495 million consumers and 99% of tariff lines will be duty-free among parties. Canada’s top exports to CPTPP member countries include natural resources and agricultural products.
Status: In force among Canada, Australia, Japan, Mexico, New Zealand, and Singapore
Partner countries: Australia, Brunei, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam
Support Programs:
The DDP is Canada’s main FTZ-type program that can postpone or refund duties and taxes. The DDP is made up of three components: Duties Relief Program, Drawback Program and the Customs Bonded Warehouse Program.
Duty Drawback Program
Duties Relief
Customs Bonded Warehouses
