Comprehensive Economic and Trade Agreement (CETA) Comes into Effect
On September 21, 2017, after nearly a decade in the making, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union officially came into force.
The treaty eliminates 98% of tariffs between Canada and the EU while providing for a number of labour mobility provisions which will facilitate business travel and professional mobility between the signatories. There are also a number of provisions to make credential recognition for professionals a more straightforward process.
The agreement as proposed has been relatively popular in Canada, while it has met with a number of protests by EU citizens over concerns with consumer rights and food safety.
For the full text of the agreement, visit Global Affairs Canada’s website.