As the dust settles on TPP… Here are 5 things that are likely.
- It will be 12-24 months before exporters and importers need to react. A key hinge is US congress ratification…no one knows if TPP will pass before the 2016 election.
- Japan and the US may be the big beneficiaries. Canada could accrue benefits from US success.
- It will be phased in over 7-10 years.
- It is designed to help SME.
- The Liberals are pro trade and have indicated they will agree; but they may not deliver the policy and financial support promised by the Conservatives.
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