While Israel is not one of Canada`s major trading partners, the Canadian government has tried to put Canadian companies on an equal footing with U.S. companies that have benefited from the U.S.-Israel Free Trade Agreement. Bilateral trade increased through 2005 to $1.24 billion. It was signed on July 31, 1996 and came into force on January 1, 1997. It was Canada`s first free trade agreement outside the Western Hemisphere. 80% tariffs on most industrial and agricultural products have been eliminated. However, CIFTA does not cover certain agricultural sectors such as poultry, dairy products and eggs.  There is a series of ongoing discussions on modernizing the agreement. The Canada-Israel Free Trade Agreement (CIFTA) is a free trade agreement between Canada and Israel. 2. No decision can be taken in accordance with Subsection 1 unless the Governor of the Council is satisfied that the Government of the State of Israel has taken satisfactory steps to implement the agreement. (c) ensure a high level of environmental protection through comprehensive and legally binding commitments; Note:Agreement 1 Interpretation This Act can be cited as the Canada-Israel Free Trade Agreement Enforcement Act.
3 For greater security, this legislation, any provision of a law passed or amended by Part II and any other federal statute that implements a provision of the agreement or fulfills a requirement of the Government of Canada under the agreement are interpreted in a manner consistent with the agreement. . Footnote 62 (1) Subject to this Act, the statute or any of its provisions or a provision of a statute as passed or amended by this Act comes into force on a day or day that must be fixed by the orders of the Governor by the Council. The Commission refers to the Joint Commission established by Article 18, paragraph 1, of the agreement. (Commission) Ministers, with respect to any provision of this Act, designate the member of the Queen`s Privy Council for Canada as a minister for the purposes of this provision, pursuant to Section 9. (Minister) Marginal Note: Orders – Article 19.13 of Agreement 4 The purpose of this Act is the implementation of the agreement whose objectives, as specified by its provisions, are (c) to nominate candidates for the presidency of a panel or to elect the presidency in accordance with this Article 19.7. On May 27, 2019, a law amending the Canada-Israel Free Implementation Agreement was granted royal approval. The modernized Canada-Israel Free Trade Agreement (CIFTA) came into force on September 1, 2019.