Canadian Trade Minister Ng on CPTPP, Talks With ASEAN

The video discusses Canada's involvement in the CP TPP, highlighting its benefits for the Canadian economy, including increased trade and investment flows. It covers the UK's accession to the agreement and the importance of maintaining high standards. The focus on Southeast Asia, particularly using Singapore as a trade hub, is emphasized as a strategy for market diversification. The video also touches on multilateral agreements with the US and Canada's efforts to diversify and grow its economy through digital and green initiatives.

What is one of the key benefits of the CP TPP agreement for Canada?

• Higher environmental standards

• Improved healthcare

• Increased tourism

• Reduced labor costs

Which country is leading the UK's accession process to the CP TPP?

• Canada

• United States

• Japan

• Australia

Why is Southeast Asia a focus for Canada's trade strategy?

• It has a large population

• It is a dynamic and growing region

• It offers cheap labor

• It has a stable political environment

What is the purpose of the Canadian trade gateway in Singapore?

• To offer healthcare services

• To serve as a front door for trade with the region

• To promote Canadian culture

• To provide educational opportunities

What is Canada working on with the US in terms of corporate tax?

• Aligning with the OC agreement of 15%

• Abolishing corporate tax

• Reducing the tax rate

• Increasing the tax rate

How does Canada view the multilateral approach in Asia?

• As a means to improve education

• As a method to reduce costs

• As a strategy to counter China's influence

• As a way to increase tourism

What is a key focus for Canada in terms of trade diversification?

• Increasing domestic production

• Reducing trade with Asia

• Expanding into high growth markets

• Focusing solely on North America