- 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.