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Nov 9, 2026 4:11 PM - Connect Newsroom - Ramandeep Kaur

Canada, Philippines Set to Finalize Free Trade Agreement This Week

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Canada and the Philippines could announce the conclusion of negotiations on a free trade agreement this week, marking a major milestone in relations between the two countries.

Prime Minister Mark Carney arrived in Manila on Saturday as part of his international tour. He is expected to finalize the trade agreement on the sidelines of the ASEAN Summit.

According to the Canadian government, the deal is expected to triple bilateral trade between the two countries by 2035.

The Philippines plays a key role in Canada's Indo-Pacific strategy. The importance of the relationship is reflected in the fact that Canada's embassy in Manila is now its second-largest diplomatic mission worldwide in terms of staffing, after Washington.

The proposed trade agreement is expected to open up new opportunities for exporters and investors in several sectors, including agriculture, seafood and electronics, through zero-tariff access.

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