The Senate has approved legislation to implement the Trans-Pacific Partnership trade agreement.
The Canadian Meat Council (CMC) said it welcomes the news because it opens markets that will increase sales by at least $500 million and increase employment by 5,800 jobs.”
“Joining Japan, Mexico, New Zealand, Singapore and Australia to be one of the first countries to ratify was an important objective of the Canadian meat industry in order to take advantage of increased opportunities that come with early adoption,” the council said.
“The meat industry is grateful for the efforts of the Government of Canada to move swiftly in passing this important legislation which will allow our industry to reap the benefits of CPTPP” said meat council chairman David Colwell.
There was no word from the dairy or poultry industry which will be yielding some of their market to imports.
