With a strategic location and assets including deep sea ports and a diverse mix of biomass and marine resources, New Brunswick has the potential to benefit substantially from the Canada-European Union Comprehensive Economic and Trade Agreement (CETA). The agreement will eliminate tariffs and introduce other measures that will give New Brunswick exporters a competitive advantage over exporters from other countries.
Several federal government departments, including Agriculture and Agri-Food Canada (AAFC) and Global Affairs Canada (GAC) have a role in supporting CETA-related opportunities for Canadian businesses. Here are a few resources they have provided for those who want to dive deeper into the agreement and what it means:
This presentation from GAC provides an overview of the agreement with respect to trade and tariffs as well as the opportunities for New Brunswick by sector (Fish and seafood, Forestry and wood products, and Infrastructure). DOWNLOAD.
CETA Tariffs and Rules of Origin
A guide, with examples, to tariff rates and origin procedures; also from GAC. DOWNLOAD
More information on CETA from Global Affairs Canada can be found at www.international.gc.ca/ceta
CETA: An Opportunity for Canadian Agriculture & Agri-Food Exporters
From AAFC’s Market Access Secretariat, this presentation reviews Canada’s market potential in the EU for agriculture and food companies, and the resources and support available to them. DOWNLOAD.