Canada and the European Union (EU) signed a historic trade agreement during the EU-Canada summit on Sunday in Brussels, Belgium.
As has been the case with many of Prime Minister Justin Trudeau’s trade missions and summits across the world, Canada is committed to opening new trade and investment strategies, as well as deepening traditional agreements. The Comprehensive Economic Trade Agreement (CETA) that was signed with the EU will create new job opportunities and help grow the middle class.
Trudeau, Donald Tusk, President of the European Council, and John-Claude Juncker, President of the European Commission, signed CETA during Sunday’s EU-Canada Leaders’ Summit.
“The signing of CETA is a historic occasion,” Trudeau says. “This modern and progressive agreement will reinforce the strong links between Canada and the EU, and create vast new opportunities for Canadians and Europeans alike – opening new markets for our exporters, offering more choices and better prices to consumers, and forging stronger ties between our economies.”
CETA is a trade agreement that will generate billions of dollars in bilateral trade and investment, provide greater choice and lower prices to consumers, and create middle-class jobs in many sectors when implemented for both Europe and Canada.
Read the article in Business in Vancouver for more information on CETA.