More free trade

Deal to be signed between Canada and Panama

The free trade agreement with Panama which is scheduled to be signed by Prime Minister Stephen Harper is one more step in Canada’s plan to integrate closer with nations in the Americas. The deal will eliminate more than 90 per cent of tariffs on Canadian imports to Panama, which include agricultural goods and high-tech machinery, and represent about $128 million in trade. It’s part of a series of agreements already made with Peru, Colombia, Jordan, and four European nations, and deals are expected to be reached with the European Union, India, South Korea and several other countries.