Comprehensive Economic and Trade Agreement
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Search complete. 166 mentions across 64 episodes found for "Comprehensive Economic and Trade Agreement".
Oct 2, 2026
Harrison FaulknerGUEST
Well, I think, I think ultimately that's really what this comes down to, because as you point out, we do trade with the Europeans.
Harrison FaulknerGUEST
There's a CETA trade agreement that is yet to be fully ratified, but that would give us the benefits of an associate membership.
Harrison FaulknerGUEST
You're right to point out we don't know what that means because it doesn't exist.
Harrison FaulknerGUEST
So beyond that, beyond i- initial j... and, and trade, we don't know what this is all gonna be about.
Danny McCoyGUEST
So I'd say they'll get caught up in that.
Danny McCoyGUEST
But the reality is that there are now 10 countries, including Ireland, who still haven't even signed the CETA trade agreement with Canada.
Danny McCoyGUEST
So I think it's bad politics because we know it's driven by... a reaction to the United States and it's good to work together but I'd be surprised if Canada is an associate but by the way, Canada will be in the Eurovision that's a definite we won't of course on moral grounds we should have done it on taste grounds
speaker_0MODERATOR
You've got to have some questions, guys.
Earl BraunGUEST
We have an example already of a very elaborate agreement that we have with the European Union.
Earl BraunGUEST
It's called the Comprehensive Economic Trade Agreement, CETA.
Earl BraunGUEST
And that was signed in 2017.
Earl BraunGUEST
That was removing something like 98% of the tariffs between Canada and the EU states.
Katrin PrybilPANELIST
Yeah.
Katrin PrybilPANELIST
And now the question is who voted against CETA trade agreement between EU and Canada? It was exactly Terry Reintke.
James KanterHOST
That was the trade agreement 2016.
Katrin PrybilPANELIST
2017-
James KanterHOST
... right, at the European-
Katrin PrybilPANELIST
And the membership, the member states, um, hadn't been consulted at all And I hear from different sources that until the night before, they didn't even have a name for it.
Katrin PrybilPANELIST
So there is this wonderful irony on top of everything that while Europe all of a sudden is dreaming of some sort of new form of quasi-membership, it's almost like the Eurovision Song Contest in a way for Canada, 10 EU countries have not even ratified CETA yet.
Katrin PrybilPANELIST
Um-
Colin WrightHOST
All that said, Canada is not starting from scratch on this.
Colin WrightHOST
Its trade agreement with the EU called CETA has been applied provisionally since 2017.
Colin WrightHOST
Most of that is already in effect, though 10 EU countries still have not completed the ratification that's required for the whole of that agreement to go into force.
Colin WrightHOST
CETA removes most tariffs and opens some opportunities for companies on each side of the ocean, but it doesn't make Canada part of the single market.
Colin WrightHOST
A Canadian product can be easier to sell in Europe without a Canadian worker gaining a general right to take a job there.
Colin WrightHOST
That is part of the distinction between a trade deal and the sort of relationship people sometimes imagine when they hear the phrase union membership.
Radoslav DimitrovGUEST
It is just very, very difficult to predict precisely what those changes are and whether they will be mostly positive or mostly negative.
Radoslav DimitrovGUEST
I do want to point out, however, that Canada already has well-established trade relations with the EU, and there's already trouble in those relations because we have an agreement called CETA, Canada-European Trade Agreement, that was negotiated, but it has not been ratified for 10 years now.
Radoslav DimitrovGUEST
And so I think that what we're seeing now is a signal from both parties that they do want a closer integration.
Radoslav DimitrovGUEST
And I think that it is very likely that they will get more serious about truly making this trade agreement operational, possibly negotiating new deals.
Susan Hayes-CulletonHOST
Now, President Trump may be the catalyst, but the more interesting question is what Europe and Canada think they're going to do in response.
Susan Hayes-CulletonHOST
Ursula von der Leyen's invitation for Canada to become the EU's first associate member sounds historic, but it lands awkwardly against the fact that CETA, the existing EU-Canada trade deal, still has not been fully ratified or almost a decade on.
Susan Hayes-CulletonHOST
And I'm joined now by Seona Murray, Europe correspondent with Euronews, to ask whether this is the start of a genuinely new democratic alliance or a striking political label in search of a legal and institutional substance.
Susan Hayes-CulletonHOST
Seona, before we get into the politics...
Shona MurrayGUEST
to do something that would impact the United States, he described it as a hostile act.
Shona MurrayGUEST
So there are some countries who don't want to see things getting too close.
Shona MurrayGUEST
There are the countries that might see Canada as a threat because, you know, in Ireland, for example, we had the CETA trade deal that hasn't been fully ratified, although it's on its way to being ratified.
Shona MurrayGUEST
So there are concerns about the sort of road ahead and how this will pan out.
Rachel RizzoHOST
I mean, this is new.
Rachel RizzoHOST
And so I think the next question is, where can the two sides actually go from here? The two sides, I think, are going to be building on their existing Comprehensive Economic and Trade Agreement agreement.
Rachel RizzoHOST
Ottawa is reportedly in talks with Brussels to join the Erasmus and Exchange program.
Rachel RizzoHOST
You have Horizon Europe research grants, mutual recognition of workers' qualifications, that Ottawa is in talks with Brussels to agree to.
Christiane AmanpourHOST
What do you think the UN and other institutions like the EU, NATO, multilateral organizations can still do to uphold the world order?
Ursula von der LeyenGUEST
I think we need multilateralism and what we are doing is, for example, we see many, many countries wanting to have free trade agreements with the European Union because we are predictable and we are stable.
Ursula von der LeyenGUEST
For example, this year I closed free trade agreements with India, Indonesia, Mexico, Mercosur, Australia and last week with the Philippines.
Ursula von der LeyenGUEST
And I think this speaks for itself, that they want, at eye's level, playing by the rules that are acknowledged by everybody.
Ursula von der LeyenGUEST
This is very important.
Catherine SwiftGUEST
This isn't a new concept at all.
Catherine SwiftGUEST
And the Harper government did 99% of the negotiations on CETA, which is the Comprehensive European Trade Agreement we have, and that was years ago now.
Catherine SwiftGUEST
We do, of course, roughly 75% of our exports go to the US, about 6% to 7% to the EU.
Catherine SwiftGUEST
So a little difference there.
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