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Truss resignation likely to stall Canada-U.K. trade deal, experts say

Oct 20, 2022 | 1:24 PM

OTTAWA — More political tumult in Britain is likely to further stall trade talks with Canada, experts say.

U.K. Prime Minister Liz Truss stepped down today after a mere six weeks in office following ministers’ resignations over her controversial tax policies.

The ruling Conservative Party says it will elect a new leader in a week, who will then install a new cabinet. 

Canadian trade experts say the changeover will mean it takes longer for Ottawa and London to sort out how they will exchange goods and services.