Philippines and Canada conclude free trade negotiations after Marcos-Carney meeting

Floyd Brenz., Philippine Canadian Inquirer
November 14, 2026

Photo Courtesy: MPC

The Philippines and Canada have wrapped up negotiations for a bilateral free trade agreement, following a meeting between President Ferdinand Marcos Jr. and Canadian Prime Minister Mark Carney in Manila on Saturday.

The announcement marks a major step in the two countries’ efforts to expand economic ties, with both governments targeting the formal signing of the agreement in 2027.

During their meeting on the sidelines of the 49th ASEAN Summit and Related Meetings, Marcos said the Philippines wants to turn its growing relationship with Canada into concrete cooperation.

He also highlighted the nearly one million Filipinos living in Canada, describing the Filipino community as an important foundation of the countries’ longstanding ties.

Carney, meanwhile, welcomed the progress and said the trade agreement could encourage more investments in the Philippines while supporting fair trade between the two nations.

The proposed pact is expected to improve market access and create more opportunities for businesses and investors in both countries.

The two leaders also reaffirmed their commitment to strengthen cooperation in defense and other areas, building on the strategic partnership they established earlier this year.

The conclusion of the bilateral negotiations comes as Canada also pursues a broader free trade agreement with the Association of Southeast Asian Nations, which includes the Philippines and 10 other member states.

While negotiations have been completed, the bilateral agreement still needs to undergo formal signing and the necessary procedures before it can take effect.