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ARTICLE · 22 SEPTEMBER 2017

CETA Is In Effect (Mostly): What You Need To Know

Today, September 21, the landmark trade deal between Canada and the EU, the CETA comes into provisional effect after almost a decade of negotiations.

CanadaInternational Law

Today, September 21, the landmark trade deal between Canada and the European Union (EU), the Comprehensive Economic and Trade Agreement (CETA or the Agreement), comes into provisional effect after almost a decade of negotiations. Provisional application of CETA is a milestone achievement that ushers in a number of significant changes to the Canadian legal and regulatory landscape, including the following:

  1. New Procurement Regime: Together, CETA and the Canadian Free Trade Agreement (CFTA) – which came into effect on July 1, 2017, to replace the existing Agreement on Internal Trade (AIT) – introduce a new procurement regime in Canada. Federal and provincial Crown corporations and agencies and municipal, academic, school and hospital sector entities, as well as any companies seeking to do business with public entities in Canada or the EU, should familiarize themselves with this new regime.

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