Minister Carr launches public consultation on foreign investment promotion and protection agreements
“Now, more than ever, it is time to make trade real for people. As a global leader, Canada must help showcase the benefits of a more open, interconnected world that creates real benefits for everyone. Through these public consultations, all Canadians, especially women and Indigenous peoples, are invited to share their views on Canada’s investment agreements and our progressive trade agenda.”
- Jim Carr, Minister of International Trade Diversification
A FIPA is a bilateral agreement that provides greater predictability and certainty for each country’s investors.
Canada currently has 36 FIPAs in force around the world.
Canada’s international investment agreements (FIPAs and free trade agreements) protect over $653 billion worth of Canadian direct investment abroad—approximately 30% of Canada’s GDP in 2017.
Media Relations Office
Global Affairs Canada
Follow us on Twitter: @CanadaTrade
Like us on Facebook: Canada’s International Trade - Global Affairs Canada
Report a problem or mistake on this page
- Date modified: