Canada-EU beef trade deal not working as well as hoped

October 8, 2019

A difference in food health standards between the European Union and Canada is being blamed for beef exports falling short of expectations, despite a promising modification to a trade agreement between Canada and Europe.

In 2017, the landmark Comprehensive Economic and Trade Agreement (CETA) was established, removing tariffs imposed on Canadian production.

At first, this was good news for beef producers. But they have been unable to take full advantage of the agreement, and they believe it's due to different health standards required by Europe.

In 2018, Canada sent just 3.1 per cent of the 50,000 tonnes of meat authorized for export each year, and in 2017 only 2.3 per cent.

That means CETA earned only $12.7 million for Canadian producers last year, according to Global Affairs Canada...

This was excerpted from the 7 October 2019 edition of CBC News.

Topic(s)

Trade Agreements

Exports

Information source

Canadian News Channel

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