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ARTICLE · 22 AUGUST 2016

Implications Of The Brexit Vote For The CETA

Borden Ladner Gervais LLP
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The Brexit referendum question is answered.

GlobalInternational Law
Borden Ladner Gervais LLP
Borden Ladner Gervais LLP
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According to Canada's International Trade Minister, Chrystia Freeland, her European counterparts are highly motivated amidst the fall out of the United Kingdom's (UK) vote to leave the European Union (EU) to demonstrate that the EU is a significant player on the international stage, with or without the UK. The signing and ratification of the Comprehensive Economic and Trade Agreement (CETA) represents an opportunity to prove it. In a recent interview with The Globe and Mail, she is quoted as stating: "If anything, the political momentum for the CETA is even stronger than it was before because the EU is very determined to show it's able to move forward." In short, Minister Freeland is offering assurances to Canadians that with the CETA having taken on important political significance in the face of the Brexit vote, it will be signed in the fall and ratified next year, as planned.

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