Canada still on track to secure trade deal with the EU before BREXIT
June 28, 2016
Image: Canada, International Trade Minister Chrystia Freeland
In the aftermath of last week's surprising Brexit vote, the European Union is even more determined to sign a free trade agreement with Canada, International Trade Minister Chrystia Freeland says, and there's not the slightest "whisper" of discontent over the massive deal.
In an interview with CBC's Power & Politics, Freeland said she expects the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU to be signed before the U.K. has time to trigger Article 50, which would kick-start the country's withdrawal from the 28-nation bloc.
"I spent the weekend and Friday, a lot of time on the phone. CETA is more than alive, CETA is absolutely moving forward," she said. "My European counterparts obviously, were very surprised, very concerned about the British vote. But if anything it has strengthened their resolve about going forward with CETA."
Prime Minister Justin Trudeau has spoken with European Council President Donald Tusk and German Chancellor Angela Merkel who, like others in the EU, want the trade deal to go through, Freeland said.
Those conversations saw the leaders "reaffirm their commitment toward the ratification of the EU-Canada Comprehensive Economic and Trade Agreement," according to statements posted on the PMO website.
"I think that what we are going to see in Europe now is a real commitment to CETA, which was there already, but [it's] now politically even stronger because this is really the next big thing that the EU has on its plate," said Freeland. "And it is really important for Europe now, politically, to show that they can move forward with a big agreement."
Freeland said "the ratification will not be delayed" and given what she is hearing from both British Prime Minister David Cameron and his potential successor, Boris Johnson, the deal will be signed soon.
"It seems quite possible to me that CETA will be ... certainly signed, and very likely ratified, even before Article 50 is invoked. And very, very likely to go into force while Britain is still part of Europe," said Freeland.
You can’t go past a news paper, radio show or television news story these days without being flooded by all things Bitcoin or Crypto Currency. Some say it’s the new world of money while others suggest its all just a passing fad. Whatever your position or preference of...
This week I announced a suite of measures for the Government to consider when it comes to small and medium sized business and what we can all be doing as we start to look at emerging from the COVID19 lockdown. The reality is that a good number of small business owners,...
As someone who has been working in suicide prevention for some years now i know that often having a simple conversation can make all of the difference when a loved one is doing it tough. COVID 19 and the lock down tends to amplify how we feel when we are isolation or a...
We know that mob out there are uncertain as to what the COVID-19 / Corona Virus means for them – this can cause us all to panic and some in community more so that others. Panic attacks can compound the situation so we gather some information about what you can do now t...
Don’t forget our elders can suffer in silence too: suicide prevention
Many people think that mental health and suicide are not topics that impact our elders but they could not be more wrong. The data tells us there continues to be an emerging trend when it comes to peop...