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ARTICLE · 14 SEPTEMBER 2017

CETA Set To Come Into Force On September 21, 2017

Stikeman Elliott LLP
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The bill to implement the Canada-EU Comprehensive Economic and Trade Agreement (CETA) (Bill C-30), has been set by his Excellency the Governor General in Council to come into force on September 21, 2017.

CanadaInternational Law
Stikeman Elliott LLP
Stikeman Elliott LLP
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The bill to implement the Canada-EU Comprehensive Economic and Trade Agreement (CETA) (Bill C-30), has been set by his Excellency the Governor General in Council to come into force on September 21, 2017.

Bill C-30 raises the Investment Canada Act (ICA) review threshold for non-state owned enterprise investors from EU member states, as well as the US, Mexico, Chile, Peru, Colombia, Panama, Honduras, and South Korea, in non-cultural businesses to C$1.5 billion in enterprise value of the Canadian business.

Further, CETA is intended to significantly boost trade and investment ties between Canada and the EU and will cover most aspects of the Canada-EU bilateral economic relationship, including trade in goods and services, investment, and government procurement, in addition to granting the flexibility to include areas of mutual interest beyond those that have traditionally been included in Canada’s trade agreements, such as regulatory cooperation. CETA would eliminate

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