PM tables technical summary of Canada-EU trade deal

Prime Minister Stephen Harper tables the Canada-Europe Trade Agreement Summary of the Negotiated Outcomes in the House of Commons.

Ottawa, Ontario
29 October 2013

Prime Minister Stephen Harper today tabled the Canada-Europe Trade Agreement Summary of the Negotiated Outcomes in the House of Commons.

“The agreement in principle with the EU is a milestone towards the biggest, most ambitious trade agreement in Canadian history, representing thousands of new jobs for Canadians and a half-billion new customers for Canadian businesses. Our Government takes pride in the fact that the trade negotiations have been the most transparent and collaborative that Canada has ever conducted, with provinces, territories and business sectors informing negotiations every step of the way,” said Prime Minister Harper. “The tabling of the summary of negotiated outcomes is yet another example of the openness that has characterized this entire process.”

The 30-page document, entitled Technical Summary of the Negotiated Outcomes: The Canada-EU Comprehensive Economic and Trade Agreement, provides an outline of the agreement in principle.

Once in force, the Agreement will provide Canada with preferential market access to the EU’s more than 500 million consumers and to its annual $17 trillion in economic activity. In fact, a joint study conducted with the European Union, which supported the launch of negotiations, concluded that an agreement could boost Canada’s income by $12 billion annually and bilateral trade by 20 per cent. That is equivalent to creating almost 80,000 new jobs or increasing the average Canadian family’s annual income by $1,000.

Provinces, territories, and other stakeholders played important roles in making this historic agreement in principle a reality. From the outset, the provinces and territories were active participants, and municipalities and stakeholders from across the country from a variety of sectors were consulted regularly. Input from the general public was also sought, including as early as December 20, 2008, in the Canada Gazette. Foreign Affairs, Trade and Development Canada’s website has also been open to consultations from Canadians at all times throughout the negotiations.

The Technical Summary of the Negotiated Outcomes: The Canada-EU Comprehensive Economic and Trade Agreement can be found at actionplan.gc.ca/ceta.

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