The Canadian Services Coalition (CSC) was a signatory to the Global Services Coalition (GSC) Statement of Dec. 12,2017 recognizing the on Importance of World Trade Organization (WTO) maintaining a positive way forward on services and digital trade at the eleventh WTO Ministerial Conference (MC11), Buenos Aires, Argentina . In doing so, GSC members encouraged WTO members to display flexibility and creativity in finding pathways to progress issues encompassing plurilateral as well as multilateral approaches. The GSC called on WTO members to reaffirm their commitment to a rules-based multilateral system and produce visible signs of progress for building a future agenda. The statement can be found here.
The Asia Pacific Economic Co-Operation (APEC) held the region’s first Asia Pacific Digital Technology Symposium in Kuala Lumpur, on Oct 2-3, 2017, hosted by the Malaysian Services Providers Confederation, which also featured an APEC Public Private Dialogue on “New Technologies and the APEC Services Competitiveness”. The Asia-Pacific Services Coalition (APSC), of which the Canadian Services Coalition (CSC) is a member, issued a press release calling for intensified APEC action to sustain momentum towards a more competitive regional services economy on the first anniversary of APEC leaders adopting the APEC Services Competitiveness Roadmap and its implementation plan. Michael Landry, CSC’s Vice Chair commented “New technologies are impacting on regional trade and investment - APEC needs to grasp the opportunities and take action that helps trade to flourish.” The release can be found here.
The CSC responded to the Government of Canada’s public consultation on the renegotiation of the North American Free Trade Agreement (NAFTA). Our submission focusses on the following areas: ecommerce, labour mobility, regulatory coordination, intellectual property, and infrastructure. The services sector represents over 70% of the Canadian economy, employs four in five working Canadians, and is responsible for 90% of new job creation. Since 2014, nearly 250,000 new Canadian jobs were created in the sector. Services jobs are traditionally high-level, high value-added and among the highest paying in Canada. Over the past decade, three out of the five fastest-growing Canadian export sectors were financial services, computer services and management services. The CSC submission can be found here.
The CSC participated in the preparation of the Canadian Chamber of Commerce comments to Global Affairs Canada. Since NAFTA came into force, Canada’s trade with the U.S. has risen by 254% while trade with Mexico has grown by 900%. As Canada approaches the renegotiation of this critical agreement, the Canadian Chamber of Commerce believes there are opportunities to modernize it and seek the maximum benefits in a new NAFTA. The Chamber’s paper outlines Canada’s objectives and comments on the United States’ likely interests. The Chamber’s submission can be found here. For more information on the CSC and Canadian Chamber’s submissions, please contact Adriana Vega at email@example.com.
The CSC participated in the annual Global Services Summit in Washington D.C., October 17. The Summit, which is hosted by the U.S. Coalition of Services Industries (CSI) brings together more than 300 key senior trade officials, policy makers, and business leaders from around the world to discuss current international trade issues, with specific interest in services. The Summit’s theme this year was “Charting the Course for Growth”. In advance of the Summit, the GSC released the following statements, on trade and investment, which can be here and the future of digital trade, which can be found here.
When in Washington the CSC met with key stakeholders with specific focus on services, including members of the of the 30 member Global Services Coalition and teamed up with the Chamber’s International Affairs Committee in meetings with congressional representatives and staffers, the Canadian Embassy, the Wilson Center and the U.S. Chamber of Commerce.
CSC Counsel and Bennett Jones partner, Matthew Kronby posted a blog along with Bennett Jones partner Milos Barutciski, “Trump, Canada and the Future of NAFTA: Some FAQs”. The January 12, blog can be here.
- The Canadian Services Coalition (CSC) joined the members of the Global Services Coalition in a statement calling for TiSA Ambassadors to preserve progress of negotiations as the agreement’s expected conclusion in 2016 is deferred.
- The CSC submitted comments to the Department of Finance’s review of Canada’s federal financial sector legislative and regulatory framework. This consultation is particularly timely given the magnitude and pace of change impacting the sector. The CSC expressed hope that the current review will provide an opportunity to reinforce the sector’s stability, efficiency and utility through a legislative and regulatory policy framework that is enhanced to accommodate a more direct process for facilitating consistency in the recognition of comparable regulatory approaches and greater co-operation across borders. The CSC’s letter can be found here.
The CSC, a member of the Asian Pacific Services Coalition, participated in a November 20, 2016 media release strongly supporting APEC in the release of its Services Competitiveness Roadmap and its Roadmap Implementation Plan at the APEC Leaders Meeting in Lima, Peru. The release can be found here.
- The CSC participated in the annual U.S. Coalition of Services Industries (CSI) hosts the Global Services Summit in Washington D.C., a one day event which brings together more than 300 key senior trade officials, policy makers, and business leaders from around the world to discuss current international trade issues, with specific interest in services. Information on the summit can be found here.
- At the Global Services Summit, the CSC joined the Global Services Coalition (GSC) in a statement urging TiSA Trade Ministers to push high standard outcome. The GSC supports the intensification of efforts to complete the negotiations and expects a high-standard agreement that strengthens disciplines and yields new market access commitments on a wide range of commercially meaningful sectors. The statement can be found here.
- The CSC joined Global Services Coalition (GSC) in a statement calling for strong and clear Trade in Services Agreement (TiSA) provisions on Data Localization, as businesses around the world compete in the global market, the free flow of data across borders has become the life blood of trade. The statement also recognizes that data-security and appropriate and effective protection of personal data are essential and can be assured through compliance with applicable privacy and security regulations. The statement can be found here.
- The CSC joined the European Services Forum (ESF) in a joint statement calling for prompt implementation of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union (EU). Trade in Services represents more than 28% of total trade between Canada and the EU and CETA is the best trade and investment agreement concluded so far between the EU and Canada. The statement can be found here.
- The CSC sent a letter, signed by Chris Donnelly, CSC Chair and Manulife VP and Counsel, Regulatory and Public Affairs, to The Hon. Mark Eyking, Chair of the House of Commons Standing Committee on International Trade. In this letter, the CSC highlights the importance of trade in services to the Canadian economy and makes the case of the potential benefits of ratifying the Trans-Pacific Partnership (TPP). The letter can be found here.
The CSC participated in the Global Services Coalition (GSC) annual mission to Geneva which took place in parallel to the 19th round of negotiations for the Trade in Services Agreement (TiSA)*. The GSC represents the services industry from major economies and is the main conduit for private sector input to the WTO members involved in the agreement. The purpose of TiSA is to further drive liberalization of trade in services. You can find the GSC’s statement on TiSA here.
*The TiSA negotiations involve 23 World Trade Organization (WTO) members, representing ¾ of global trade in services. Participation of the Canadian Services Coalition in the Global Services mission provides an excellent opportunity to network with some of the world’s leading private sector trade experts from the US, EU, UK, Japan, Taiwan, Australia, New Zealand, Mexico, Colombia and others.
The Canadian Services Coalition was delighted to host Pascal Kerneis, Managing Director of the European Service Forum for a series of meetings on the Canada-European Union: Comprehensive Economic and Trade Agreement (CETA). This ground breaking agreement is Canada’s most ambitious trade agreement and will provide new market access for Canadian companies. The services sector in particular is expected to see marked gains thanks to this agreement. Some of the expected benefits from the CETA include increase transparency in the EU services market, a reduction in the barriers to temporary entry, more openness for investment and increased market access for Canadians.
From September 29-October 1, the Canadian Services Coalition was delighted to participate in the annual Global Services Summit in Washington, D.C. This event draws together senior trade specialists from across the globe to discuss emerging issues affecting international trade in services. While in Washington, representatives of the CSC participated in a series of Global Services Coalition meetings which highlighted the importance of cross border data flows, regulatory coherence, the movement of business persons and disciplines for SOEs. The joint Global Services Coalition TiSA position paper outlines common interests in these areas and can be accessed here.
The Least Developed Country (LDC) Group at the WTO submitted a request for the preferential treatment they’d like to receive for their services and services suppliers. One of the major outcomes of last year’s Bali Package was the agreement to promote the rapid adoption of the LDC waiver (which originated at the 2011 WTO Ministerial in Geneva). Under the Bali package, this submission will trigger a six-month period for the Council for Trade in Services (CTS) to convene a “high-level meeting.” A copy of the LDC collective request can be found here.
- A special Global Services Coalition mission is in Geneva as the latest Trade in Services Agreement (TiSA) negotiating round takes place on 28 April-2 May 2014. Its delegates, representing the Coalition's diverse membership, are present to voice their strong support for the efforts of the TiSA participants - now nearly a third of the WTO membership - towards an ambitious agreement, and to share views with TiSA negotiators. Global services trade (excluding intra-EU trade) reached over $3.35 Trillion in 2012, 68.7% of which came from markets represented in the TiSA negotiations.
The Global Services Coalition (GSC) brings together a broad range of representative bodies speaking for the services sector in their countries. It applauds the ambition shown in the TiSA negotiations up to now. It is vital for business that the negotiations should continue to focus on an ambitious agreement. The timetable should aim at completion of negotiations by 2015 - a schedule that is challenging but, the GSC suggests, achievable. This will require continued determination to tackle the difficult issues early, so that the most exacting questions facing negotiators do not get left too late. Among such questions are "21st century issues" including cross border data flows, regulatory transparency and coherence, movement of business persons, global value chains, and rules for state-owned and state-sponsored enterprises that compete in commercial markets. Not all of these have been tackled previously. Services businesses worldwide look to the TiSA negotiations to break fresh ground by achieving new disciplines and new market access commitments beyond current levels of openness.
The Global Services Coalition reiterates that the TiSA participants should keep before them the goal of attracting new partners in the negotiations and offering a means for extending TiSA's provisions to all WTO members. We welcome and encourage wider participation by other countries ready to abide by, build on, and contribute to the TiSA negotiations, matching the levels of commitment to market openness demonstrated by existing participants. China's interest in joining is significant in this regard.
The global services industry reiterates its commitment to contributing to the TiSA negotiations, as advocate, supporter and trusted adviser. As before, the Global Services Coalition regards it as vital that the industry is given access to proposals and negotiating text, to ensure that the final agreement achieves the maximum for global economic growth.
The Global Services Coalition looks forward to working closely with TiSA negotiators over the coming week.
- The Canadian Services Coalition is proud to be representing Canada this week at the Global Services Coalition mission to Geneva. This purpose of this mission is to show strong, unified support for an ambitious agreement on the international trade in services. These negotiations have the potential to liberalize 70 percent of the world's trade in services and are widely welcomed by the international business community.
Photo: CSC Chair, Chris Donnelly at the World Trade Organization
- The Canadian Services Coalition welcomes the announcement of a Canada-Korea free trade agreement. This historic agreement, the first between Canada and an Asian country, will provide Canadian services companies with increased access to the $1.1 Trillion Korean market.
There are many benefits to concluding an agreement with Korea including protection for investors and easier temporary entry for business persons. Trade agreements are an important priority for Canada's services industries which include financial services, engineering and environmental services, professional and consulting services and information technology services.
International trade in services is experiencing significant and sustained growth. New trade agreements build on this momentum and pave the way for additional growth and new market access. Canadian services companies welcome this agreement as it will be of significant benefit to Canada.
More on this agreement can be found here.
The Canadian Services Coalition Welcomes Progress on the Canada-Korea FTA
The Canadian Services Coalition welcomes Canada’s re-engagement in free trade negotiations with Korea. These negotiations are important for Canadian services industries for a number of reasons including leveling the playing field with the US, the EU and Australia and gaining an important gateway to Asia.
It is very important that the Canadian government negotiate an agreement that provides, at minimum, equivalent access gained through KORUS and KOREU in priority services sectors such as financial services, engineering, professional services, IT, consulting, architecture plus temporary entry for business persons.
The Canadian Services Coalition has been actively encouraging the Canadian government to work through the outstanding issues so that Canadian services companies are no longer at a strategic disadvantage in the $1.1T Korean market.