European trade deal could be $600M boost for Alberta beef producers

November 1, 2016

It still needs to be ratified by the European Parliament and the legislature of every European Union member state, but the newly signed Comprehensive Economic and Trade Agreement (CETA) between Europe and Canada could be welcome news for Alberta beef producers. ...

After being shut out of most of the European market for decades, Canada could be poised to supply about one per cent of the EU's beef needs under the new pact.

It's not expected to transform the Canadian industry, but Rich Smith with the Alberta Beef Producers said it could mean $600 million in revenue. ...

This has been excerpted from the 1 November 2016 edition of CBC News and is available in its entirety at: http://www.cbc.ca/news/canada/calgary/ceta-alberta-beef-1.3830405


Topic(s): 
Rules of Origin & Trade Agreements / Trade Agreements
Information Source: 
Canadian News Channel
Document Type: 
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