The Liberal Party of Canada

The Liberal Party of Canada, if re-elected, will continue its mission to drive more free trade between Canada and ASEAN. Prime Minister Justin Trudeau has been a champion for shifting Canada’s trade agenda towards Southeast Asia, as well as progressing on a potential Canada-ASEAN free trade agreement (FTA). Canada has also pursued bilateral FTA’s with ASEAN Member States (AMS) under the Liberal government, including the recent launch of the Comprehensive Economic Partnership Agreement (CEPA) with Indonesia, announced by Minister Mary Ng in June of 2021.

A re-elected Liberal government has pledged to establish a new federal hub to help Canadian businesses and entrepreneurs take full advantage of the opportunities created by trade agreements such as the CPTPP.  The party also pledges to launch a new comprehensive Asia-Pacific strategy to deepen diplomatic, economic, and defence partnerships in the region, including by negotiating new bilateral trade agreements, expanding FIPAs, and building stronger economic linkages.

*Note: This information was obtained from the official Liberal Party platform. 

The Conservative Party of Canada

The Conservative platform features an Indo-Pacific strategy to disentangle the Canadian economy from China, which includes engaging and investing more deeply in other nations, such as ASEAN countries. As part of the Indo-Pacific strategy under Erin O’Toole’s 2021 Canada Recovery Plan, the Conservatives are committed to advancing trade and technology, including promoting the development of rules of free and open digital trade, advancing economic opportunities with trusted partners, and removing barriers for Canadian companies. The party also seeks to develop export markets for clean materials, including exporting more Canadian Liquified Natural Gas (LNG) to Asia to displace coal.

The Conservatives have a history of driving deeper economic ties in the Asia-Pacific, which is likely to continue if the Party is elected. Former Conservative Minister of International Trade and Minister for the Asia-Pacific Gateway, Ed Fast, was instrumental in furthering the commercial relations between Canada and ASEAN. At the 44th ASEAN Economic Ministers Meeting in 2012, he announced the creation of the Canada-ASEAN Business Council (CABC) and the adoption of a work plan to deepen trade and investment ties between Canada and ASEAN. Fast is still an active member in shaping trade policy between Canada and Asia under the Conservative Party of Canada.

*Note: This information was obtained from the official Conservative Party platform.