Canada publishes report on a potential trade deal with Mercosur analyzing outcomes for marginalized groups
Canada has released a summary of the first-ever 'gender-based analysis plus' (GBA+), a report conducted on a potential free trade agreement between Canada and the South American trading bloc, Mercosur. GBA+ analyzes how a trade deal would affect underrepresented and marginalized groups such as women, Indigenous peoples, and small and medium-sized enterprises (SMEs). The report will inform the ongoing trade negotiations and facilitate the inclusion of gender-responsive and inclusive trade provisions.
The summary of the GBA+ concludes that trade between Canada and Mercosur has the potential to benefit underrepresented groups in both economies through economic gains, job generation, the promotion of gender balance in the economy, youth employment, and an increase in SMEs in Canada.