Prime Minister Stephen Harper - Date/Photographer unknown.

26 March 2012

Canadian Pacific Comments on Free Trade Negotiations with Japan

Calgary Alberta - Canadian Pacific welcomes the joint announcement by Prime Minister Stephen Harper and Japanese Prime Minister Yoshihiko Noda, that Canada and Japan will launch negotiations for a free trade agreement between the two countries.
 
Jane O'Hagan, CP's Executive Vice-President and Chief Marketing Officer made the following comment on the negotiations.
 
"Canadian Pacific is focused on driving volume growth, expanding network reach, and revenue-generating capacity, and controlling costs. CP welcomes Prime Minister Harper's promotion of free trade in Asia. Free Trade enables long term growth, promotes investment, and creates greater supply chain certainty, all of which supports our growth in the Asia-Pacific Gateway."
 
Japan is the world's third-largest national economy and was Canada's largest source of job-creating investment from Asia. It is also Canada's fourth-largest merchandise export market, with exports totaling $10.7 billion in 2011, an increase of 16.1 percent over 2010. Total merchandise trade in 2011 was valued at $23.7 billion. CP and its supply chain partners enable these trade flows.