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May 21, 2014

The Canada-EU Comprehensive Economic and Trade Agreement launches Canadian trade policy into the 21st Century, according to Canada’s former Ambassador to the EU, Ross Hornby. In “From Laggard to Leader: How CETA Transforms Canada’s Trade Agenda,” a C.D. Howe Institute conference paper, Hornby asserts that  CETA makes progress on behind-the-border issues that constitute the true obstacles to trade: the use of regulations to discriminate against imports, local content requirements, lack of harmonized product standards, restrictions on investment and labour mobility. Additionally, Hornby calls into question the sustainability of Canada’s hotly contested supply management system.

The C.D. Howe Institute is an independent not-for-profit research institute whose mission is to raise living standards by fostering economically sound public policies. It is Canada’s trusted source of essential policy intelligence, distinguished by research that is nonpartisan, evidence-based and subject to definitive expert review. It is considered by many to be Canada’s most influential think tank.

For more information please contact: James Fleming of the C.D. Howe Institute at 416-865-1904; email: jfleming@cdhowe.org.