Canada's Free Trade Agreements

Which country gives you access to 1.5 billion consumers across 51 countries? Canada. When it comes to global market access, it doesn’t get any better. Through 14 free trade agreements covering 60% of the world’s GDP, Canada opens doors to growth beyond borders.  

What’s in it for you? 

Multinational businesses investing in Canada benefit from Canada’s free trade agreements in various ways, including: 

  • Supply chain integration  

  • Preferential access to world markets 

  • Lower risk for service providers and investors abroad 

  • Facilitated business travel to partner countries 

Global Trade Agreements

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 

Other free trade agreements 

Canada-European Free Trade Association (EFTA) Free Trade Agreement  

Canada-Ukraine Free Trade Agreement (CUFTA) 

Canada-Chile Free Trade Agreement 

Canada-Colombia Free Trade Agreement 

Canada-Costa Rica Free Trade Agreement 

Canada-Honduras Free Trade Agreement 

Canada-Panama Free Trade Agreement 

Canada-Peru Free Trade Agreement 

Canada-Israel Free Trade Agreement (CIFTA) 

Canada-Jordan Free Trade Agreement 

Canada-Korea Free Trade Agreement (CKFTA) 

Next Steps

If you are a foreign-owned multinational business interested in investing in Canada, contact us for a customized proposal outlining how applicable programs and incentives can help you grow.