The C.D. Howe Institute released a report earlier today, National Priorities 2016: At the Global Crossroads: Canada’s Trade Priorities for 2016, authored by Daniel Schwanen. One of the key recommendations is to boost market access for Canadian producers by ratifying the CETA and the TPP.
The report also touches briefly on two key intellectual property issues associated with the treaties, pharmaceutical patents and copyright. On these issues, the report stated the following:
Patents seek to encourage innovation by providing firms or individuals a monopoly over new and useful products for a limited period of time before competitors are allowed to offer their own versions.