Canada and Britain sign agreement for post-Brexit trade, legislation to follow
OTTAWA -- Canada and Britain say they've signed a deal to keep trade flowing smoothly after the U.K. leaves the European Union at the end of the year.
The two countries reached an agreement in principle in November.
The Liberal government has given notice that a bill to implement the deal in Canadian law is coming to the House of Commons imminently.
Trade between the two countries has been covered by Canada's agreement with Europe as a whole, but those terms will no longer apply once Britain's departure from the union takes effect at the end of December.
That would have meant new tariffs on goods such as cars, seafood, beef and maple syrup absent a pact between the two countries.
While this deal maintains the terms of the Canada-EU deal, Canada and the U.K. are to keep working on another, more tailored trade agreement.
- New trade deal raises duty-free limits for private couriers, not Canada Post
- Agreement Reached with Canada Post, No Strike Coming to Mississauga
- Canada prepping trade options in case EU breaks promise to keep vaccines flowing
- The New USMCA Trade Agreement Could Affect Your Groceries in Mississauga
- New USMCA Trade Deal Results in Good News for Online Shoppers
- Speed cushions to be installed on four Mississauga roads
- Mississauga and Brampton rolling out mobile vaccine clinics targeting essential workers
- House of the Week: $6.5 mil home with wine cellar and outdoor kitchen
- Still no answer from feds as eight more flights and 67 rows affected by COVID-19 at Pearson Airport in Mississauga
- Massive $50 million mansion in Mississauga is being used to film Amazon's "The Boys"