An important achievement of CETA was the removal of most tariffs between Canada and the EU:

  • 99% of tariffs on industrial goods removed
  • 92% (Canada) and 93% (EU) of tariffs on agricultural goods removed
    • Exceptions were made for meat, eggs, and cheese

CETA also allowed for more cooperation between Canada and the EU:

  • Easier customs and trade procedures and reduced processing times at the border allowing for easier movement of goods
  • Regulatory cooperation and conformity assessments to ensure that Canadian manufacturers adhere to EU standards
  • Greater labour mobility between Canada and the EU
  • EU and Canadian governments can bid on each other’s public projects
    • For example: a new German government building could be constructed by a Canadian company
  • Easier and more certain investment between Canada and the EU
  • Protection for environmental and labour regulations
  • A new investor-state tribunal to ensure protection for foreign investors

Click HERE to read the full text of CETA.

Click HERE to see the reactions of Canadians and Europeans to CETA

European Commission, “CETA explained”
Government of Canada, “Agreement overview”