keep CPFTA Rules of Origin for Casual Goods Regulations
This regulation defines 'casual goods' and sets criteria for determining that goods acquired in Peru are considered to originate in Peru, thereby entitling them to preferential tariff treatment under the Canada-Peru Free Trade Agreement.
Canadians would be worse off without this regulation because they would face higher tariffs on qualifying casual goods from Peru, increasing costs for consumers and businesses. The regulation achieves its objective through clear, administrable origin-marking rules that reliably implement the trade agreement's preferential tariff regime; without such rules, preferential treatment could not be consistently applied, undermining the agreement's benefits.