Create a 16 pages page paper that discusses intellectual property in canadian manufacturing industry. The empirical literature is also limited to some extent. This is the reason that our understanding of IP is below satisfactory level. The patents of IP institution are considered as protectors of intellectual property as Canada has a history of intellectual property institution. In the year 1867, Canada was created as federation and its very first patent act starts from the year 1869. Right after its beginning the Patent Act used to revise several times in the last century. Recently there were major amendments took place. Canada has also abandoned its first to invent patent system for first to file system on 1st October 1989. The requirements related to disclose patents to public are modified. The duration is also modified among other amendments of patent act provisions. There is a very little information available regarding impact of Canadian patent system on Canada’s economy because there are changes made to the legislation in the year 1989 and how does it affected the economy of Canada. this information is yet to be revealed or explored. In the international trade and investment policy the IPR issue has captured the attention. The attention can be clearly identified where the inclusion of negotiations on TRIPs within multilateral trade policy were taking place. The implicit policy assumes the differences in IPRs worldwide and these differences affect the investment flows and international trade. Intellectual property is available in different forms like patents, trademarks, copyright etc and it is considered as a firm’s property. The exploitation of this IP can be enhanced via global marketing strategies.