On October 30, 2016, the Prime Minister of Canada’s home page announced that Prime Minister Justin Trudeau, European Commission President Jean-Claude Juncker and European Council President Donald Tusk signed the Comprehensive Economic and Trade Agreement (CETA) during the European Union-Canada Leaders’ Summit in Brussels, Belgium.
According to the announcement, CETA is a modern, progressive trade agreement that, when implemented, will generate billions of dollars in bilateral trade and investment, provide greater choice and lower prices to consumers, and create middle class jobs in many sectors on both sides of the Atlantic. Both Canada and the EU are committed to bringing CETA into force as soon as possible.
The leaders also signed the Strategic Partnership Agreement (SPA), which will enhance cooperation in important areas such as energy, environment and climate change, migration and peaceful pluralism, counter-terrorism and international peace and security, and effective multilateralism.
- Backgrounder – Signing of the Canada-EU Strategic Partnership Agreement
- Backgrounder – Next steps for the Canada-EU Comprehensive Economic and Trade Agreement
- Backgrounder – Benefits of the Canada-EU Comprehensive Economic and Trade Agreement
- EU-Canada Summit Joint Declaration
- Canada-European Union: Comprehensive Economic and Trade Agreement (CETA)
- Strategic Partnership Agreement (SPA)
On October 31, 2016, the Hon. Chrystia Freeland, Minister of International Trade, tabled the treaty and introduced implementing legislation in the House of Commons. The legislation will be subject to all stages of the legislative process. The implementation of CETA is expected in 2017.
