The North American Free Trade Agreement (NAFTA), which is held with Canada by the United States and Mexico, came into force on 1 January 1994, creating the largest free trade region in the world by GDP.
By 2014, the combined GDP for the NAFTA area was estimated to be over Can$20 trillion with a market encompassing 474 million people.
[8] On 21 September 2017, CETA was provisionally applied, immediately eliminating 98% of EU's tariff lines on Canadian goods.
Free trade with the final G7 country, Japan, commenced when the CPTPP entered into force on 30 December 2018.
Canada is negotiating bilateral FTAs with the following countries and trade blocs:[8] Canada is undertaking exploratory discussions of bilateral or multilateral FTAs with the following countries and trade blocs, although formal negotiations have not yet begun:[8] A Foreign Investment Promotion and Protection Agreement (FIPA) is an agreement to promote foreign investing.