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OTTAWA – The European Union’s trade chief says she expects Canada to ratify a landmark free trade agreement within weeks.
EU Trade Commissioner Cecilia Malmstrom says she expects the Canada-EU pact to stand as an example of the merits of free trade for the protectionist Donald Trump administration in Washington. 115 more words
The EU is worried about a protectionist U.S. White House that appears to see trade as a game that some countries win and others lose. 528 more words
Canada Europe Free Trade Agreement (CETA) - By 2023, a total of 227,000 jobs would be lost research finds
Proponents of the Comprehensive Economic and Trade Agreement (CETA) emphasize its prospective economic benefits, with economic growth increasing due to rising trade volumes and investment. Widely cited official projections suggest modest GDP gains after about a decade, varying from between 0.003% and 0.08% in the European Union and between 0.03% and 0.76% in Canada. 413 more words
Ceta trade deal between EU and Canada will cost 300,000 jobs and cause greater inequality, study says
‘Under current austerity conditions, high unemployment and low growth, improving competitiveness by lowering labour cost can only harm the economy,’ researchers say