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Canada FTA talks targeted to start in early 2026

Business World Philippines

|

November 26, 2025

THE PHILIPPINES and Canada could start negotiations for a free trade agreement (FTA) early next year, with the talks possibly concluding before next year ends, the Department of Trade and Industry (DTI) said.

Trade Undersecretary Allan B, Gepty said the first round of negotiations could kick off as early as the first quarter.

“The announcement for the exploratory talks was done last year ... the timeline is before year’s end (to) finish the reference paper, and then after that is the announcement of the negotiations,” he told reporters late Monday.

“The directive to us is to conclude the negotiation also next year,” he added.

‘An FTA with Canada is among the agreements the Philippines is working on to diversify its export markets,

“We will have to really work hard; that is why we are hoping to finish (the other pending) negotiations so we will have more time next year,” he added.

Mr. Gepty is set to meet with his Canadian counterpart to discuss the terms of reference within the week.

“We have to finalize the schedule of commitments. But offhand, the strategy is more of diversification, so basically what you can export to the US, you can also export to Canada,” he said.

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Intel denies TSMC allegations that executive leaked trade secrets

Intel on Thursday denied allegations by Taiwan Semiconductor Manufacturing Company (TSMC) that one of its executives, Wei-Jen Lo, who formerly worked at the Taiwanese chipmaker, had leaked trade secrets.

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1 min

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PHL card payments seen growing to P4.2 trillion

CARD PAYMENTS in the Philippines are expected to grow to P4.2 trillion this year, driven by sustained financial inclusion efforts and improved infrastructure, according to GlobalData’s Payment Cards Analytics.

time to read

2 mins

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Federal Land opens first FIFA-standard football field in Marikina City

THE Federal Land, Inc. (FLI) on Wednesday said that it seeks to encourage a more active lifestyle and bring new opportunities to Marikina City through its first football field aligned with the standards of the Fédération Internationale de Football Association (FIFA).

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2 mins

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Recto tax amnesty proposal seen providing relief while DoF grapples with audit abuses

THE FEDERATION of Philippine Industries (FPI) said a tax amnesty floated by the previous secretary of the Department of Finance (DoF) could be a good starting point as the department grapples with the issue of revenue officers abusing their authority when inspecting taxpayers’ books.

time to read

1 mins

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Meralco to redeem remaining P2.87-B bonds in December

MANILA ELECTRIC CO. (Meralco) will retire the remaining P2.87 billion of its P7-billion 12-year bonds next month, it said in a stock exchange filing on Thursday.

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1 min

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AirAsia MOVE broadens network with VietJet Air flight integration

AIRASIA MOVE has added VietJet Air flights to its platform through a partnership with GalaxyJoy, expanding access to low-cost fares and boosting connectivity for travelers in the Philippines and across Southeast Asia, the AirAsia group’s online travel agency said on Thursday.

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1 min

November 28, 2025

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