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USMCA’s Stronger IP Rights Protection Pros Outweigh Cons for Canada

The intellectual property (IP) provisions in the new United States–Mexico–Canada Agreement (USMCA) push Canada to adopt stronger standards for protection.
USMCA’s Stronger IP Rights Protection Pros Outweigh Cons for Canada
Canadian Foreign Affairs minister Chrystia Freeland speaks as US Trade Representative Robert Lighthizer looks on at the closing of the NAFTA meetings in Montreal on January 29, 2018. Canada assumed stronger intellectual property protection in the new USMCA thanks to American asks. Peter McCabe/AFP/Getty Images
Rahul Vaidyanath
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The intellectual property (IP) provisions in the new United States–Mexico–Canada Agreement (USMCA) push Canada to adopt stronger standards. While some decry the concessions made to the United States, they are a big win for innovators and the economy. They should also provide insulation should Canada enter into a free-trade agreement with China.

Stronger IP rights protections provide greater legal assurance that innovators can reap the rewards of taking risks in creating content, cutting-edge technologies, and medicines.

Rahul Vaidyanath
Rahul Vaidyanath
Journalist
Rahul Vaidyanath is a journalist with The Epoch Times in Ottawa. His areas of expertise include the economy, financial markets, China, and national defence and security. He has worked for the Bank of Canada, Canada Mortgage and Housing Corp., and investment banks in Toronto, New York, and Los Angeles.
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