Canada-European Union: Comprehensive Economic and Trade Agreement (CETA)

The historic Canada and European Union (EU) Comprehensive Economic and Trade Agreement (CETA) is by far Canada’s most ambitious trade initiative, broader in scope and deeper in ambition than the historic North American Free Trade Agreement. It will open new markets to our exporters throughout the EU and generate significant benefits for all Canadians. The Government of Canada has made opening new markets through agreements like CETA a priority—just one way it is creating jobs and opportunities for Canadians in every region of the country.

Read: Consolidated CETA Text

Understanding CETA

An Overview

Learn more about what is in the Agreement and what’s in it for you.

Agreement at a Glance

Find out what CETA involves and how it can create jobs and long-term prosperity for all Canadians and all sectors of the industry from coast to coast.

Technical Summary

Harper government outlines the details of the Canada-European Union Comprehensive and Trade Agreement.

Myths and Realities

When it comes to free trade agreements (FTAs), it is important to separate fact from fiction.

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Did You Know?

The EU is the largest integrated market in the world, with a GDP of $18 trillion.

The EU is the second-largest foreign investor in Canada.

With 28 member states consisting of over 500 million people and annual economic activity of almost $18 trillion, the EU is the world’s largest economy.

The EU services economy, worth approximately $12.6 trillion in GDP terms in 2013, is among the largest in the world.

Nearly 100 percent of all EU tariff lines on non-agricultural products will be duty-free on the first day CETA comes into force.

CETA gives Canadian companies access to one of the world's largest procurement market—the EU—which is worth $3.3 trillion annually.