Oct. 10, 2012, Ottawa, ON - Canada has officially joined Trans-Pacific Partnership (TTP) trade talks in early December of this year, which could result in major changes to Canadian dairy, egg and poultry farmers.
According to an article from The Globe and Mail, the nations involved (the U.S., Australia, Chilie, Malaysia, New Zealand, Peru, Singapore, Vietnam, Brunei and Mexico) comprise 68 million people and their combined economic output exceeds $20.5 trillion.
However, since a condition of joing the TPP talks was that members had to be able to put all aspects of trade (including supply management in Canada) on the table for negotiation. This has worried dairy, egg and poultry farmers that changes or complete removal of supply management could happen, despite the government's assurance.
The TPP talks will begin December 3-12, 2013 in Aukland, New Zealand.
For more information on the potential ramification of Canada participating in the TPP talks, please visit The Globe and Mail.