Archived Document

The Canada-EU Comprehensive Economic and Trade Agreement: A Prospective Analysis

May 2, 2017
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PBO looks at the projected impact on Canada of the Comprehensive Economic and Trade Agreement (CETA). Though the agreement is extensive, its impact in aggregate on the Canadian economy is likely to be small in comparison to NAFTA. Nonetheless, for individual sectors the impact could be significant since there are quite a few sectors whose goods currently have tariffs that exceed 10 per cent.