Implement CETA and ratify CPTPP.

What success looks like

Implementation of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) will increase economic opportunities for Canadian businesses. Ratification of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) expeditiously to help diversify Canada’s trade towards the Asia-Pacific region.

Government's narrative on progress

September 21, 2017 marked the start of provisional application of CETA, with all economically significant parts of the agreement coming into force, e.g. tariff elimination on 98 per cent of European Union (EU) tariff lines for Canadian goods, increased quotas, services commitments, temporary entry commitments, and government procurement obligations. CETA is strengthening economic relations, promoting new economic opportunities for Canada, businesses, and increasing jobs. For the Agreement to come fully into force, all 28 EU Member States must ratify CETA in their national parliaments. To date, 12 Member States have ratified the Agreement. The Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) entered into force on December 30, 2018.

Note: this is the government's own description, not an independent assessment.