{"id":3026,"date":"2019-01-18T13:30:59","date_gmt":"2019-01-18T18:30:59","guid":{"rendered":"https:\/\/carleton.ca\/ces\/eulearning\/?page_id=3026"},"modified":"2019-01-21T11:44:28","modified_gmt":"2019-01-21T16:44:28","slug":"reception-of-ceta","status":"publish","type":"page","link":"https:\/\/carleton.ca\/ces\/eulearning\/reception-of-ceta\/","title":{"rendered":"Reception of CETA"},"content":{"rendered":"

CETA has been met by both positive and negative reactions.<\/p>\n

Proponents of the agreement agree that CETA will boost trade between Canada and the EU and will create jobs. They argue that free trade will lower prices while increasing product quality. It will also allow for easier access to each other\u2019s markets and will increase opportunities and protections for investors.<\/p>\n

Opponents believe that CETA is a bad idea because it will hurt the consumers. They argue that the agreement will weaken consumer rights and will only benefit big corporations who can operate in both Canada and the EU. European critics also worry that the agreement will mean lower environmental and food standards.<\/p>\n

Check out the table below to see the arguments for and against CETA in Canada and the EU:<\/p>\n\n\n\n\n\n
<\/td>\nCanada<\/td>\nEU<\/td>\n<\/tr>\n
Benefit<\/td>\n\n
    \n
  • Access to the largest market in the world<\/li>\n
  • 23% increase in trade with the EU<\/li>\n
  • More competition between firms<\/li>\n
  • Lower prices for agricultural products<\/li>\n
  • Less trade dependence on the United States<\/li>\n
  • Increased investment<\/li>\n<\/ul>\n<\/td>\n
\n
    \n
  • Elimination of duties will save EU companies millions of euros a year<\/li>\n
  • EU companies have better access to the Canadian market<\/li>\n
  • Geographical indicators (i.e. Champagne or Feta cheese) will be protected<\/li>\n<\/ul>\n<\/td>\n<\/tr>\n
Cost<\/td>\n\n
    \n
  • Increased costs and competition for agricultural producers<\/li>\n
  • Patent protection for pharmaceutical products, most of which are based outside of Canada, leading to increased prices<\/li>\n
  • Protection of geographical indicators might hurt Canadian producers<\/li>\n
  • Access to government procurement<\/li>\n<\/ul>\n<\/td>\n
\n