In The Media

CETA a hedge against protectionism

by Shane McNeil (feat. Jean Charest)

BNN
February 15, 2017

Former Quebec Premier Jean Charest heaped praise on the Comprehensive Economic and Trade Agreement (CETA) as it cleared another major hurdle towards implementation on Wednesday.

Charest has been involved in helping push the deal between Canada and Europe for a decade, and said getting the deal – which still requires clearance from more than 30 national and regional assemblies in Europe – this close to ratification is a major milestone.

“What we have is the new world gold standard when it comes to trade,” Charest told BNN of the agreement. “[It] touches upon the government procurements that, for the first time ever in the history of Canada, has the provinces on board because they’ve all committed and were part of the negotiation, which is extremely significant for us because it means a more profound, more significant deal.”

Charest believes CETA – which has faced opposition in Europe, particularly from the Wallonia region of Belgium – is a win for Canada in its opening of a significantly larger free trade base. He believes the deal could be a boon to Canada-Europe trade, which totaled $67 billion in 2016.

“I think we can double the amount of trade we’re doing with Europe within the next 10 years,” Charest said. “This is the richest consumer market in the world, with 500 million people. For us, it represents a very big opportunity.”

The deal would also serve as a hedge against "collateral damage" Canada might face as the world reacts to the Trump administration, according to Charest.

The President said U.S. trade with Canada merely required a ‘tweak’ in a joint press conference with Prime Minister Justin Trudeau on Monday, but Charest exercised caution in predicting what that might mean in practice.

“I’m just hoping the word ‘tweak’ means what it means, because the other real danger we know in the case of the United States and the present administration is being collateral damage,” Charest said. “Maybe there’s something that they will do or will happen that has nothing to do with Canada but will hit us. And that’s the real danger.”

“But to hear the President say ‘tweak,’ I think, was a relief for everyone, relative [to] where he is with other countries like China and Mexico.”


Be the first to comment

Please check your e-mail for a link to activate your account.
SUBSCRIBE TO OUR NEWSLETTERS
 
SEARCH
THE CGAI PODCAST NETWORK

Defining Procurement Success for Strong, Secure, Engaged

January 17, 2019

(feat. Dave Perry, Ian Brodie, Michael Vandergrift, Murray Brewster, Bill Matthews, and Nicolas Todd)



Canadian Relations with China in 2019

January 21, 2019

(feat. Colin Robertson, Richard Fadden, and Hugh Stephens)



EXPERTS IN THE MEDIA

Revers de la diplomatie canadienne: «Trudeau a peur de rencontrer Poutine»

by Jérôme Blanchet-Gravel (feat. Jocelyn Coulon), Sputnik France, January 22, 2019

Huawei calls for swift resolution of Sabrina Meng Wanzhou case after reports US will go ahead with extradition request

by Sarah Zheng & Catherine Wong (feat. Stephen Nagy), South China Morning Post, January 22, 2019

Big biz: Trump’s fight for one campaign promise hurts another they care about more

by Franco Ordonez (feat. Eric Miller), Miami Herald, January 22, 2019

Managing Canada’s oil wealth

by Steve Paikin (feat. Monica Gattinger), TVO’s The Agenda, January 21, 2019

Trudeau, Freeland held 19 high-level international talks with allies on China dispute

by Peter Zimonjic & Katie Simpson (feat. Stephen Saideman), CBC News, January 21, 2019


LATEST TWEETS

HEAD OFFICE
Canadian Global Affairs Institute
Suite 1800, 421-7th Avenue SW
Calgary, Alberta, Canada T2P 4K9

 

OTTAWA OFFICE
Canadian Global Affairs Institute
8 York Street, 2nd Floor
Ottawa, Ontario, Canada K1N 5S6

 

Phone: (613) 288-2529
Email: contact@cgai.ca
Web: cgai.ca

 

Making sense of our complex world.
Déchiffrer la complexité de notre monde.

 

© 2002-2018 Canadian Global Affairs Institute
Charitable Registration No. 87982 7913 RR0001

 


Sign in with Facebook | Sign in with Twitter | Sign in with Email