Canada could benefit from a renegotiated free trade deal
following the UK's vote to exit the European Union.
Experts say any potential renegotiation of the Comprehensive
Economic and Trade Agreement (CETA) could work in Canada's
favour with the UK excluded from the terms of the deal.
This would then leave Canada open to negotiate a separate deal
with the UK, also likely to be mutually beneficial given the
already strong ties between the two nations.
CETA – a Canada-EU free trade deal that has been seven
years in the making – was expected to be ratified in 2016
until the UK referendum
threw it into jeopardy.
It could still be voted through in its current form, although
this is likely to be a drawn-out process following the EU's
decision to empower member states to each pass it through their
individual parliaments.
