The Canadian economy will get a boost from the implementation of the CP-TPP. The CP-TPP is a new trade agreement that Canada shares with 10 other countries that account for over 13% of the world’s economic output. The CP-TPP gives Canadian firms preferential access to a customer base of nearly half a billion people. The size of the CPTPP is comparable to Canada’s trade deal with the European Union, which came into effect in September 2017.