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Canadian business needs Brexit certainty but Johnson plan only a start: observers
Toronto, ON — Experts warn that a post-Brexit United Kingdom will present Canadian business with tremendous uncertainty about billions of dollars worth of trade and investments, no matter how the British Parliament votes on Saturday. The outcome of the unusual…
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Canada and Europe make deal to work around blocked World Trade Organization
Ottawa, ON — Canada and the European Union have agreed on a plan to set up a substitute appeals body for trade disputes between them, they announced Thursday. They are working around the United States’ refusal to allow new appointments…
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Boris Johnson’s ascent heralds stormy economic and political seas for Canada
Ottawa, ON — Boris Johnson pledged a Halloween Brexit for Britain from the European Union, negotiated or not, after being sworn in Wednesday as Britain’s prime minister. With that, there is almost equal certainty that Johnson’s arrival at 10 Downing…
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Justin Trudeau takes aim at NDP over EU Canada trade pact as summit wraps up
Montreal, QC — Prime Minister Justin Trudeau called out New Democrats Thursday after their leader encouraged French officials to reject the comprehensive trade agreement between the European Union and Canada. Earlier this week Jagmeet Singh, along with Green Leader Elizabeth…
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Trudeau to push trade pact in EU leaders’ summit as France moves ahead on CETA
Montreal, QC — Lawmakers in France begin their ratification of the comprehensive trade agreement between the European Union and Canada as Prime Minister Justin Trudeau welcomes the leaders of the 28-country bloc to Montreal today. Trudeau has been pushing hard…
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Nova Scotia wants to replicate Chinese trade success with Europe
Halifax, NS — Nova Scotia has turned its trade focus to growing its European exports through a new strategy that builds on successful efforts to boost trade with China. Premier Stephen McNeil said Thursday that although the Nova Scotia-Europe Engagement…
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Brexit’s toll: UK economy at weakest since financial crisis
London, UK — Mounting uncertainty over Brexit is weighing heavily on the British economy, which slowed last year to its weakest growth rate since the aftermath of the global financial crisis, official figures showed Monday. The Office for National Statistics…
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Lack of CETA awareness hindering opportunities for Canadian business: EU trade czar
Montreal, QC — In a warehouse on the outskirts of town, European trade commissioner Cecilia Malmstrom surveyed rows of boxed-up electric bicycles bound for bike-share systems from Honolulu to Sao Paulo. “I wouldn’t bother with the Netherlands,” she said to…
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The uncertain future of the Canadian European trade deal
One of the provisions of the Comprehensive Economic and Trade Agreement between Canada and the European Union, known as CETA, was a mechanism to handle disputes between governments and investors. The International Court System (ICS), a new EU-Canadian permanent court, was…
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Maersk Line expands Canada-Europe transatlantic service
Toronto, ON — Maersk Line announced the expansion of its product portfolio between Europe’s Mediterranean region and Canada to cater for the growing demands of importers and exporters on both sides of the Atlantic. The exclusive, fully Maersk Line-operated weekly…
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Port of Montreal officially welcomes provisional application of CETA
Montreal, QC – At the Port of Montreal’s Viau Terminal,the Government of Canada, represented by the Minister of International Trade, the Honourable François-Philippe Champagne, officially heralded the first day of the provisional application of the Canada European Union Comprehensive Economic…
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Flying High
After eight years of often tense negotiations, the 1600-page CETA (Comprehensive Economic and Trade Agreement) treaty between Canada and the 28-member European Union officially came into force on September 21. The lingering tag of “provisional implementation” simply indicates that all…