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The Canada-Colombia FTA (CCoFTA), as well as parallel agreements on labour cooperation and the environment, entered into force on 15 August 2011. In 2014, Canadian merchandise exports to Colombia totalled Can$920.67 million and imports from Colombia totalled Can$891.6 million in 2014. Canada's cumulative direct investment in Colombia stood at Can$2.36 billion at the end of 2013.

The Canada-Israel Free Trade Agreement (CIFTA) came into force on 1 January 1997. This goods-only agreement eliminated tariffs on all industrial products manufactured in Canada and Israel. In November 2003, Canada and Israel expanded the coverage of the agreement to provide preferences to a large number of agricultural and agri-food products. In October 2010, Canada and Israel initiated exploratory talks, and on 21 January 2014, announced the launch of negotiations to expand and modernize the agreement. Canada and Israel are seeking to modernize existing chapters in the areas of market access for goods, rules of origin, institutional provisions and dispute settlement, and to negotiate new chapters in the areas of trade facilitation, sanitary and phytosanitary measures, technical barriers to trade, intellectual property, e commerce, labour and environment.

Canada and Japan launched free trade negotiations on 25 March 2012, following the release of the Report of the Joint Study on the Possibility of a Canada-Japan Economic Partnership Agreement. The Study found that an FTA could increase Canada and Japan's GDP by approximately Can$3.8 billion and Can$4.4 billion, respectively. The Study also found that an FTA could boost Canadian exports to Japan by as much as 67%, and Japanese exports to Canada by as much as 37%. Negotiations toward a comprehensive bilateral economic partnership agreement between Canada and Japan cover all areas including trade in goods, services, investment, government procurement, financial services, trade facilitation, temporary entry, competition policy, environment, and labour. Other areas of discussion include intellectual property rights, business environment issues, as well as monopolies and state enterprise disciplines.

On 8 July 2014, Canada joined 13 other WTO Members in launching negotiations on a new WTO Environmental Goods Agreement (EGA), building upon the APEC initiative. Canada supports an ambitious agreement that will facilitate the achievement of the green growth and sustainable development objectives of WTO Members. Canada also encourages other WTO Members to consider participation in these negotiations, as this initiative will lend momentum to the WTO and support the liberalization of trade. Canada believes that the liberalization of trade in environmental goods can contribute positively to finding solutions to many global environmental challenges. This plurilateral initiative complements Canada's other bilateral, regional and multilateral efforts to ensure mutual supportiveness of trade and environment, including negotiations in the context of APEC, bilateral and regional trade agreements, and discussions within the Organisation for Economic Cooperation and Development (OECD) and the WTO Committee on Trade and Environment. These efforts also complement the Canadian clean technology industry which is an important, emerging sector that is providing solutions to protect the environment while driving new global economic, environmental and resource efficiencies.

Canada believes that market-based solutions, including the free flow of environmental goods and services, are important to achieve sustainable development. Canada has actively contributed to the work of the WTO Committee on Trade and Environment, both by advancing the regular work of the Committee and by seeking to fulfil its negotiating mandate under the DDA. In order to address global environmental challenges, Canada is working collaboratively with international partners to reduce and, as appropriate, eliminate tariff and non-tariff barriers on key environmental goods, including sustainable or clean technology goods in addition to the liberalization of environmental services. For example, Canada has fully implemented, two years ahead of the deadline, the APEC commitment to liberalize trade in a list of 54 environmental goods by capping applied tariffs at 5%. Drawing on this APEC initiative as well as past work within the WTO, Canada worked with other WTO Members to launch new plurilateral negotiations on a WTO Environmental Goods Agreement on 8 July 2014. Canada actively supports an ambitious outcome to this negotiation, which if concluded, would complement green growth and sustainable development objectives of WTO Members.

Canada has also been active in a number of plurilateral initiatives both under the auspices of the WTO and outside; these include the expanded ITA initiative, and plurilateral initiatives leading to an Environmental Goods Agreement and Trade in Services Agreement (TISA).

Services are an important and growing part of Canada's economy. Canada is a strong and active supporter of efforts to liberalize market access and establish global rules for services trade as Canadian firms are active around the world in a wide range of services industries such as engineering and architectural services, energy and mining services, environmental services, financial services and information technology services. As a result, Canada has been actively engaged in the plurilateral negotiations for a Trade in Services Agreement (TISA), which will complement other initiatives that Canada is taking to open up markets and provide legal stability where markets are already open but not subject to trade agreement rules.

Additionally, Canada is a strong proponent of further liberalization in the environmental services sector in bilateral and multilateral trade negotiations as well as through other international initiatives.

(...) Environmental services is another important services sector for Canada with 2012 sales of environmental services amounting to Can$2.3 billion of which environmental consulting services was the largest. Canada has recognized the importance of the environmental and sustainable technologies sector, having prioritized it under GMAP, and also seeking to further liberalize trade in this area pursuant to negotiations on environmental goods.

In November 2014, Canada announced its enhanced corporate social responsibility (CSR) strategy, Doing Business the Canadian Way: a Strategy to Advance Corporate Social Responsibility in Canada's Extractive Sector Abroad (CSR Strategy). The updated CSR Strategy clearly communicates the Canadian Government's expectation that Canadian companies demonstrate Canadian values and operate to high CSR standards in their work abroad. It also outlines the government's initiatives to help Canadian companies strengthen their CSR practices and maximize the benefits their investments can bring to those in host countries. This strategy complements the GMAP and other Government of Canada policies, including those related to developing countries, the environment, labour and transparency.