QuickFacts: Some of the details about the proposed Canada-EU trade deal
OTTAWA — The Comprehensive Economic and Trade Agreement between Canada and the European Union, also known as CETA, appears to be close to foundering on the objections of a small region of Belgium. Here are some facts about the deal:
— Canada is the EU’s 12th most important trading partner. The EU is Canada’s second-largest trading partner after the U.S. and accounts for nearly 10 per cent of its external trade.
— In 2014, Canadian exports to the EU totalled $39.5 billion, with imports at $53 billion.
— The EU has a population of more than 500 million and a nominal GDP of almost $18 trillion.