Definition

Free Trade Agreement (FTA)

A free trade agreement (FTA) is a treaty between two or more countries to facilitate trade and eliminate trade barriers. It aims at eliminating tariffs completely from day one or over a certain number of years.

Free trade agreements helps create an open and competitive international marketplace.

Canada has signed a number of FTAs. One of the first was the North American Free Trade Agreement (NAFTA) in 1994. Some of Canada’s more recent FTAs allow workers to move more freely between Canada and its partner countries, make it easier to invest across borders or better protect intellectual property.

Check out the Canada Tariff Finder, a free tool that allows Canadian exporters to find the tariffs applicable to a specific good in a foreign market.

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