Canada and EU sign historic trade agreement during EU-Canada Summit

Toronto : Canada is committed to deepening trade and investment links with new and traditional partners. Negotiating trade agreements, such as the Canada-European Union (EU) Comprehensive Economic and Trade Agreement (CETA), will benefit Canadians, create new job opportunities, and help to grow the middle class and those working hard to join it.

In keeping with these objectives, Prime Minister Justin Trudeau, together with Donald Tusk, President of the European Council, and Jean-Claude Juncker, President of the European Commission, signed CETA during today’s European Union-Canada Leaders’ Summit.

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.

CETA is the product of hard work, frank negotiations, and a common commitment – by the Prime Minister, the Minister of International Trade, and countless Canadian public servants – to a strong Canada-EU partnership.