Key Issue
- Canada is extending non-essential travel restrictions with the United States until December 21st , 2020.
COVID-19 Commercial Update to Industry Stakeholders, November 20, 2020
Key Issue
COVID-19 Commercial Update to Industry Stakeholders, November 20, 2020
Canada and the United Kingdom have reached an interim post-Brexit trade agreement, Prime Minister Justin Trudeau and British Prime Minister Boris Johnson announced Saturday.
"Now we get to continue to work on a bespoke agreement, a comprehensive agreement, over the coming years that will really maximize our trade opportunities and boost things for everyone," Trudeau said.
The WTO’s latest Trade Monitoring Report on G20 trade measures shows a slowdown in the number and coverage of trade-restrictive and trade-facilitating measures on goods implemented by G20 countries between mid-May and mid-October 2020, primarily as a result of the sharp decline in overall global trade since the COVID-19 outbreak.
Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more than half next year, delaying a full recovery from the coronavirus pandemic, according to a report.
Key Issue
COVID-19 Commercial Update to Industry Stakeholders, November 13, 2020