# Canada PM Carney touts Philippine trade deal on Asia tour

- URL: https://talkfuse.com/story/canada-pm-carney-touts-philippine-trade-deal-on-asia-tour/
- Published: 2026-11-14T09:08:20+00:00
- Updated: 2026-11-14T10:34:17+00:00
- Original publisher: CNA (publisher lean: Centre)
- Original article: https://www.channelnewsasia.com/asia/canada-philippines-carney-trade-deal-negotiations-6551536
- Topics: AI, Americas, Asia, Government, Politics, Technology, World

## Key points

- Canada and the Philippines have concluded free-trade negotiations.
- The pact would remove tariffs on over 90 per cent of tariff lines.
- Carney expects bilateral trade to triple within a decade.

## Summary

Canada and the Philippines have concluded negotiations for a broad free-trade agreement, Prime Minister Mark Carney said during a visit to Manila. The pact is part of Canada’s effort to diversify its trading relationships as tariffs and tensions with the United States disrupt a longstanding economic partnership.

Carney said the agreement could be signed in about six months and would remove tariffs on more than 90 per cent of tariff lines, covering sectors from agriculture and aerospace to artificial intelligence. Trade between the two countries was about US$2.4 billion in 2025, and Carney expects it to triple over the next decade; Manila said it expects the pact to be completed within a year. Canada is also pursuing a trade agreement with the 11-member ASEAN bloc, whose two-way trade with Canada exceeded US$50 billion a year.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.