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Canada, EU to sign free-trade deal

  • Canada and the European Union reach an agreement in principle on a free-trade deal that will give Canadian businesses preferential access to an EU market of 500M consumers.
  • Canada expects duty-free access of its seafood, lumber, manufacturing, beef, pork, wheat and mineral sectors to the EU would generate ~$12B in the Canadian economy; Europe would face eliminated tariffs on exports including clothing, cheese, wine, dairy products and more.
  • While many major Canadian companies and exporters lobbied hard for the pact, others such as dairy producers in Quebec and Ontario are opposed.
  • ETFs: EWC, FCAN.
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Comments (1)
  • bob adamson
    , contributor
    Comments (4559) | Send Message
     
    The following three articles outline the nature and scope of the proposed Canada-EU trade agreement in some detail.

     

    http://bit.ly/19jeNKz

     

    http://bit.ly/19jeOht

     

    http://f24.my/19jeNKC
    20 Oct 2013, 01:12 AM Reply Like
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