Economic Impact of the United States withdrawal from Trans-Pacific Partnership on Canada: A Computable General Equilibrium Based Analysis.

This study assesses the likely economic impact of Trans-Pacific Partnership (TPP) and Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) on Canada's economy in 2030. The analysis was accomplished by building a static Computable General Equilibrium (CGE). And running three simulation scenarios: (i) Baseline scenario; the study developed a growth projection model to simulate the economic and trade growth in 2030. (ii), TPP 12 scenario; the study assumed that the TPP agreement would be fully implemented by 2030. (Hi) TPP11 scenario; the study simulated CPTPP agreement, assuming that 11 Pacific-Rim countries do business in spite of the absence of the US. [ABSTRACT FROM AUTHOR]