Canada and the European Union have reached a "political agreement" on free trade that the federal government says could boost Canada's annual income by as much as $12 billion annually, and bilateral trade by 20 per cent.
While the deal is not expected to be ratified for at least two years, it is expected to remove 98 per cent of EU tariffs on a wide range of Canadian products.
Spending by Corporate Canada is expected to ramp up in 2014 as global economies, particularly the US, continue to show signs of improvement, says a report by CIBC Economics.
Canada and the European Union have signed a tentative deal to open up markets and drop nearly all import taxes on everything from food to cars.
Under the Comprehensive Economic Trade Agreement (CETA) and NAFTA, Canada will have preferential access to more than half of the world’s economy.
The sweeping agreement covers everything from cars to food to intellectual property…
Wednesday’s budget-focused throne speech promised, among other things, to take steps to close the gap between prices for goods purchased in Canada as compared to the United States.
It's a message to cross-border shoppers that the government intends to do all it can to keep citizens' dollars in Canada…
The Conservatives have reached a deal with the European Union over cheese imports that opens the door to a multi-billion free trade deal with the world’s largest economy.
