Canada will sign but may not ratify TPP
25 January 2016
Canada’s new Government is still treating the TPP with caution. They have now agreed to sign on to the TPP at the official ceremony scheduled in New Zealand in the first week of February - but the Canadian Trade Minister is insisting that this doesn’t mean that they will actually ratify the agreement.
According to the Globe and Mail, Trade Minister Freeland said:
“Signing does not equal ratifying. Only a majority vote in our Parliament can allow the agreement to take force. Signing is simply a technical step in the process, allowing the … text to be tabled in Parliament for consideration and debate before any final decision is made.”