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The Government of Canada is committed to diversifying its trade and investment ties with key markets and strengthening the rules-based, international trading system while pursuing an inclusive trade agenda.
Canada and the United Kingdom have a long-standing, historic relationship—marked by shared values and history, strong people to people links, and significant trade and investment ties. Recent history has created an opportunity for the 2 nations to expand and strengthen existing trade ties. Before entering into these negotiations, the Government of Canada is seeking the input of Canadians from coast to coast.
The government’s inclusive approach to trade puts the interests of Canadians and opportunities for women, Indigenous people and racialized communities front and centre, while seeking to generate growth, create jobs and strengthen the middle class. The Government of Canada is soliciting the views of the Canadian public and interested stakeholders to help define our priorities in relation to future trade negotiations with the United Kingdom.
Following the U.K.’s departure from the European Union (EU), the U.K. and Canada committed to continuing and strengthening their long-standing trade relationship. On December 9, 2020, Canada and the U.K. signed the Canada-U.K. Trade Continuity Agreement (Canada-U.K. TCA) to provide stability and predictability for businesses and workers in both countries. This Agreement substantively replicates the provisions of the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) to ensure continuity in the Canada-U.K. trade relationship following the U.K. departure from the EU (Brexit). Beyond the TCA, Canada and the U.K. have also committed to enter into subsequent negotiations within one year of its entry into force, and to work towards concluding a new comprehensive trade agreement within three years that is tailored to the bilateral relationship.
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Source: Government of Canada