The Pacific Alliance was created in 2011 by Chile, Columbia, Mexico, and Peru with the goal of strengthening competitiveness and economic growth within their countries.
Both the US and Canada work in partnership with the Pacific Alliance as they are an important market for trade and other economic opportunities.
The Canada-US Regulatory Cooperation Council (RCC) is an initiative between the two countries to stimulate trade by increasing bilateral regulatory transparency and cooperation.
Their council's mandate is "to promote economic growth, job creation, and benefits to our consumers and businesses through increased regulatory transparency and coordination".
In 2006, the Canadian Government and the American Government collaborated on the Softwood Lumber Agreement (SLA), which helped provide stability for the respective industries on either side of the border, but it expired on October 12, 2015.
The SLA was a pivotal policy made between former Prime Minister Stephen Harper and President George W.
The Group of Twenty (G20) was established in 1999 and consists of 19 countries, including Canada and the United States.
The members of the G20 make up 80% of the world GDP, 75% of global trade and 60% of the world's population.
The main purpose of the G20 is to address global economic challenges including international financial stability, mitigating climate change, and sustain
The World Trade Organization (WTO) was founded in 1995 as an intergovernmental organization with the goal of facilitating international trade among nations by reducing barriers to trade such as tariffs.
The WTO consists of 164 distinct nations, Canada and the United States being two of them.
When The North American Free Trade Agreement (NAFTA) was enforced on January 1, 1994, it was widely known as the largest free-trade agreement in the world.
NAFTA was made in collaboration between Canada, the United States, and Mexico and the purpose was to stimulate their respective economies and to improve the lives of their citizens.
The Asia-Pacific Economic Cooperation (APEC) was established in 1989 in Australia and has 21 members, with Canada and the United States being two of them.
The purpose of the APEC is to advocate for sustainable economic growth and prosperity in the Asia-Pacific region.
Prior to the creation of NAFTA, Canada and the United States formed an agreement called the Canada-US Free Trade Agreement (CUSFTA).
The agreement was agreed upon in 1986 and was signed on January 2, 1988, by US President Ronald Reagan and Prime Minister Brian Mulroney but was not enforced until January 1, 1989.
Some of the main goals of this agreement was to eliminate tariffs,
In November 1982, the Royal Commission on the Economic Union and Development Prospects for Canada (also known as the Donald MacDonald Royal Commission) was publicly announced under the chairmanship of the Honourable Donald S.
The Organization for Economic Co-operation and Development (OECD) was founded in 1961 by several countries, with Canada and the United States being two of them.
In 1947 the OECD was formed to help administer Canadian and American aid under the Marshall Plan to help rebuild Europe after the Second World War.
Today, the OECD is comprised of 38 member countries with the goal of pr