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Canada

Trade with Canada boosted since introduction of free trade agreement

In the 12 months since the provisional implementation of the EU-Canada Comprehensive Economic and Trade Agreement (CETA) in September 2017, UK exports of goods to Canada have increased to £6.15 billion – a rise of 13.7%.

 

This is a significant increase in comparison to the 5 years prior to the introduction of the agreement, which saw trade increase by an average of 3.9% per annum.

Why Canadian companies are looking to invest in the Thames Valley

 

Discover what makes the Thames Valley a destination of choice for Canadian companies looking to invest in the region in this video.

One of the most extensive free trade agreements of the European Union, CETA removes 98% of export duties that are currently in place. Formally ratified by the UK in November 2018, CETA presents an opportunity to improve UK GDP, creating jobs for British and Canadian workers. The agreement will fully enter into force once all EU member states have ratified it.

 

Both the UK and Canadian Prime Ministers have committed to transition CETA into a bilateral agreement that will allow UK and Canadian companies to benefit from free and frictionless trade after the UK leaves the European Union.

 

Read more here.

Interview with Aaron Rosland, Counsellor at the High Commission of Canada in the UK

 

What do Ontario and the Thames Valley have in common? Discover in this video.

  • Memorandum of Understanding signed between Canada and United Kingdom

    The UK and Canadian Governments have signed a Memorandum of Understanding (MOU) relating to each nation’s ambitions for Digital Government. Canada and the UK will now work together towards four shared goals: Provide better digital public services Support the use of digital public services Promote economic......

    17 October, 2017