Canada: Double Tax Treaties
Other International Agreements
This page was last updated on 6 June 2019.
As at June 2019, Canada has signed tax information exchange agreements (TIEA) with 24 countries: Anguilla, Aruba, the Bahamas, Bahrain, Bermuda, the British Virgin Islands, Brunei, the Cayman Islands, the Cook Islands, Costa Rica, Dominica, Grenada, Guernsey, Isle of Man, Jersey, Liechtenstein, the Netherlands Antilles, Panama, San Marino, St. Lucia, St. Kitts & Nevis, St. Vincent & the Grenadines, the Turks & Caicos Islands and Uruguay.
In addition, a TIEA with Antigua & Barbuda has been signed but is not yet in force. Canada is negotiating TIEAs with Belize, Gibraltar, Grenada, Liberia, Monserrat and Vanuatu.
Canada is party to the North American Free Trade Agreement (NAFTA), under which traders can enter the United States and Mexico to conduct trade in goods and services, and also to allow investors to enter the USA and Mexico to develop and direct a company in which they own at least a 50% interest, or maintain a controlling interest. Certain employees of traders and investors may also be allowed to enter the US and Mexico under the agreement.
Canada has entered into similar agreements with the European Free Trade Association, the European Union and ten other ‘trans-Pacific’ nations (the Comprehensive and Progressive Agreement for Trans-Pacific Partnership). Individual free trade agreements have been made with Chile, Colombia, Costa Rica, Honduras, Israel, Jordan, Panama, Peru, South Korea and Ukraine. Other FTAs are under negotiation., including with the American blocs CARICOM and Mercosur.
In addition, Canada has entered into foreign investment promotion and protection agreements with over 30 countries, with others in the pipeline, as well as various trade and investment co-operation agreements, trade and economic co-operation agreements, and memoranda of understanding.