Trans-Pacific Partnership trade agreement reached

Trade ministers from 12 Pacific Rim countries have reached an agreement in principle after a marathon, five-day final negotiation in Atlanta. If ratified, the Trans-Pacific Partnership will lower tariffs and set rules for trade in goods and services in economies comprising 40 per cent of the world’s gross domestic product.

More… Canada reaches sweeping Trans-Pacific trade deal

Canada is joining a massive Pacific Rim free trade zone, but has sacrificed some long-held protections for the country’s dairy, poultry and auto industries to gain entry.