Sign and ratify the Canada-European Union Comprehensive Economic and Trade Agreement (CETA).

What success looks like

The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) has entered into force, creating jobs for Canadians across the country, giving consumers more choice, and increasing Canadian businesses' access to new customers.

Government's narrative on progress

All economically significant parts of the Canada-European Union Comprehensive Trade Agreement (CETA) are now in force. These include tariff elimination on 98 per cent of European Union (EU) tariff lines for Canadian goods, increased quotas, services commitments, temporary entry commitments, and government procurement obligations. The government has announced programs to help dairy farmers and processors adjust to increased EU cheese access under CETA, and Budget 2019 offers up to $3.9 billion in support of these programs. The government is also working with the Atlantic provinces to support Canada's seafood sector in capitalizing on new opportunities in the European market. Under CETA, Canadian exporters now enjoy improved access to more than 40 countries with nearly 1.2 billion of the world’s wealthiest consumers. The Parliamentary Budget Officer has estimated that CETA implementation could raise Canada's potential real gross domestic product by 0.4 percentage points. For the Agreement to come fully into force, all 28 EU Member States must ratify CETA in their national parliaments. To date, 12 Member States have done so.

Note: this is the government's own description, not an independent assessment.