How Canada-EU trade agreement stacks up in key sectors
Add to ...
The Globe and Mail
The Canada-Europe free trade deal, expected to be signed Friday, will cover a vast array of products and services that move between the European Union with its population of 500 million and Canada’s much smaller market. There is about $90-billion of trade between Canada and the EU, but Canada has a $12-billion trade deficit with the continent. Opinion on the deal is polarized. The federal government says it could create 80,000 jobs and add $12-billion a year to the economy. Critics say it will cost up to 150,000 jobs. Although the agreement’s details may not be revealed for some time, a picture has emerged of the potential impact on several key economic sectors: