Uncharted Territory: EU Negotiations and Canadian Economic Policy

The CBC’s Chris Hall recently reported that Canada and the European Union (EU) are preparing to release the final details of a Comprehensive Economic and Trade Agreement. The announcement will be made on September 25, effectively ending a negotiating period that has lasted a staggering 10 months. According to the report, Prime Minister Stephen Harper flew to Brussels to sign an agreement-in-principle with EU President José Manuel Barroso, and the text of the full agreement will be made public as part of a formal summit to be held between the two sides in Ottawa. In today’s post we briefly examine postwar Canadian economics in an attempt to postulate the positive and negative implications of the pending Canada-EU free trade agreement.

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