Free Trade Agreements
Over the years, Canada has signed several free trade agreements with various countries in the Americas. In doing so, it fosters trade and investments among signatory countries.

• The Canada-U.S. Free Trade Agreement came into force in 1989 and made it possible to eliminate most customs tarifs between the two countries;
  
• NAFTA, the North American Free Trade Agreement between Canada, the United States and Mexico came into force in 1994 and provides Québec and Montreal with access to a market of over 440 million consumers and a gross domestic product worth over US$15 trillion (1)
  
• The goal of the FTAA, the Free Trade Area of the Americas, is to increase trade between the 34 countries of the two American hemispheres. This vast area represents a market of nearly 900 million inhabitants with a GDP worth more than US$ 19 trillion. (1)
  

Bilateral Agreements
Canada currently has free trade agreements in place with the following countries (or groups of countries): Chili, Costa Rica, European Free Trade Association (EFTA), Israel and Peru. For more information, click on the following link: http://www.dfait-maeci.gc.ca/tna-nac/reg-en.asp

(1) In the international system, one trillion = one million million.