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Trudeau Signals Canadian TPP Approval Amid European Trade Delays

Justin Trudeau, Canada's prime minister.

Justin Trudeau, Canada's prime minister.

Photographer: Justin Chin/Bloomberg

Prime Minister Justin Trudeau gave his strongest indication yet that he will ratify the Trans Pacific Partnership, as Canada’s free-trade deal with the European Union faces collapse.

The 12-nation Pacific Rim deal was reached during the Canadian election campaign last year, weeks before Trudeau took power, and he has neither formally endorsed nor rejected it as his government consults on the accord. Speaking Tuesday, however, he signaled Canada was unlikely to reject a deal that includes the U.S., Japan and Mexico.