CETA May Be Good For Business In M&A

Earlier this month, Canada and the European Union unveiled the Comprehensive Economic and Trade Agreement (CETA), a trade initiative designed to benefit Canadians — from individual workers and consumers to large scale corporations — by way of eliminating tariffs for Canadian goods entering the EU market and facilitating secure and preferential market access by Canadian service suppliers in the EU.

While CETA will not be in place until 2015, it will undoubtedly have widespread implications for most sectors of the Canadian economy. The EU is Canada's second largest trading partner behind the United States, and it is believed that the trade deal will open up Canadian access to the EU's 28-country market and $17 trillion economy.