Close X
Wednesday, November 13, 2024
ADVT 
National

Canada and U.K. ink post-Brexit trade agreement

Darpan News Desk The Canadian Press, 09 Dec, 2020 07:31 PM
  • Canada and U.K. ink post-Brexit trade agreement

Canada and Britain say they've signed a deal to keep trade flowing smoothly after the U.K. leaves the European Union at the end of the year.

The two countries reached an agreement in principle in November.

The Liberal government has given notice that a bill to implement the deal in Canadian law is coming to the House of Commons imminently.

Trade between the two countries has been covered by Canada's agreement with Europe as a whole, but those terms will no longer apply once Britain's departure from the union takes effect at the end of December.

That would have meant new tariffs on goods such as cars, seafood, beef and maple syrup absent a pact between the two countries.

While this deal maintains the terms of the Canada-EU deal, Canada and the U.K. are to keep working on another, more tailored trade agreement.

MORE National ARTICLES

Pfizer says COVID-19 vaccine is looking 90% effective

Pfizer says COVID-19 vaccine is looking 90% effective
Pfizer, which is developing the vaccine with its German partner BioNTech, now is on track to apply later this month for emergency-use approval from the U.S. Food and Drug Administration. 

Pfizer says COVID-19 vaccine is looking 90% effective

Terry Fox on shortlist for new $5 bill

Terry Fox on shortlist for new $5 bill
Fox is among the eight names the Bank of Canada has sent to the government as it considers who should be featured on the bank note when it gets a redesign next year.

Terry Fox on shortlist for new $5 bill

PM pledges $1.75B to boost high-speed internet

PM pledges $1.75B to boost high-speed internet
The Universal Broadband Fund that was part of the Liberal budget announcement in early 2019, months before last year's federal election, has taken longer than expected to be officially launched.

PM pledges $1.75B to boost high-speed internet

Canada ready to fight U.S. protectionism: Trudeau

Canada ready to fight U.S. protectionism: Trudeau
Trudeau says in an Ottawa news conference today that U.S. barriers to Canadian imports hurt Canadian businesses and workers but they hurt Americans, too.

Canada ready to fight U.S. protectionism: Trudeau

Police cite crime dip in first months of pandemic

Police cite crime dip in first months of pandemic
Statistics Canada says 17 police services across Canada reported that selected criminal incidents were down by 17 per cent compared with the same period a year earlier.

Police cite crime dip in first months of pandemic

Airline bailout may rely on scorned loan program

Airline bailout may rely on scorned loan program
The program offers loans of $60 million or more to large companies facing cash problems, but comes with an interest rate that jumps to eight per cent from five per cent after the first year — far above typical private-sector lending rates.

Airline bailout may rely on scorned loan program