Canada wants to speed up the ratification of the Trans-Pacific Partnership free trade pact to offset the adverse effects of the trade spat erupting with the United States, International Trade Minister Francois-Philippe Champagne said today.
Champagne told lawmakers that ratifying the TPP, which was signed in March without the United States and would link Canada with 10 other nations on both sides of the Pacific, was a "top priority" for the government in Ottawa.
"We're going to move quickly to introduce legislation before the house rises this summer," said Champagne.
Trump has confirmed that the US would be imposing tariffs on Canadian steel and aluminum and threatened a similar move against Canada's automotive sector.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)