Following the official signature this week of the Canada-UK Trade Continuity Agreement (Canada-UK TCA) by representatives of the two countries, the Government of Canada introduced Bill C-18 in the House of Commons to implement the agreement.

This agreement will maintain preferential access to traders of both countries, such as elimination of tariffs on 98% of products, even as the United Kingdom exits CETA.

If adopted, the TCA will include:

  • continued opportunities for Canadian agriculture, fish, and seafood exporters, as well as commercially meaningful access for all Canadian products

  • continued opportunities for Canadian service suppliers, including financial services; the agreement would maintain service-market access to the United Kingdom that is among the best that country has historically granted

  • continued guaranteed access for Canadian suppliers to the $188-billion U.K. government procurement market

  • continued high CETA standards on labour, the environment, and dispute settlement

Link Canada-UK Trade Continuity Agreement (Canada-UK TCA)

   

 

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