Canada, European Union sign long-delayed CETA trade deal
After years of negotiations and with the concession of a hold-out vote from Belgium, Canada and the European Union on Sunday finally inked their approval of the Comprehensive Economic and Trade Agreement (CETA), a new trade deal that removes 99 percent of tariffs on trade among Canada and the EU's 28 member nations.
If ratified by the European Parliament in 2017, CETA is predicted to produce an extra $12 billion in trade annually. Though the deal is expected to gain parliamentary approval, at least 10 percent of the legislators have voiced serious concerns about its provisions.
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Bonnie Kristian was a deputy editor and acting editor-in-chief of TheWeek.com. She is a columnist at Christianity Today and author of Untrustworthy: The Knowledge Crisis Breaking Our Brains, Polluting Our Politics, and Corrupting Christian Community (forthcoming 2022) and A Flexible Faith: Rethinking What It Means to Follow Jesus Today (2018). Her writing has also appeared at Time Magazine, CNN, USA Today, Newsweek, the Los Angeles Times, and The American Conservative, among other outlets.
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