IIAC is congratulating the Canadian government on its free trade deal with South Korea.

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“Today’s signing of the Canada-Korea Free Trade Agreement will be an important catalyst for increased growth and prosperity to the Canadian economy,” says says Ian Russell, IIAC president and CEO. “This agreement gives Canadian business improved access to the dynamic South Korean economy for Canadian traded goods.”

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He adds, “As long as this government continues to aggressively pursue trade agreements around the globe, including the landmark tentative deal recently struck with Europe, the need to establish a cooperative capital markets regulatory system (CCMR) has never been more important. Until the complexities of our current system of capital markets regulations are addressed, Canada will continue to be viewed as a second-class business partner.”