September 20, 2017

CETA Provisionally Comes into Effect September 21

On Thursday, September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) provisionally comes into force. CETA is an economic partnership – free trade agreement – negotiated between Canada and the European Union (EU) over the last eight years.  It is seen as a gold standard, 21st-century agreement that addresses the full range of issues that involve trade in goods, services, and investment.  It is the most comprehensive agreement ever negotiated and signed by either party.

For Canadian organizations already exporting to the EU, or those considering it, this is an unprecedented opportunity. In order to help our members better understand CETA, we commissioned Ambassador Don Campbell to write a report on the prospects for the financial services industry within CETA. This report is publically available in the report section of our website.

Mr. Campbell also presented the report to our members and guests on September 19. The slides presented can be found here. If you are looking for more information about the CETA we encourage you to learn more on Global Affairs Canada’s website.

 

About Don Campbell

Don Campbell is currently the Senior Strategy Advisor with DLA Piper, Canada, LLP. Before joining DLA Piper, Don was the Executive Vice-President of CAE Inc. He joined CAE in September 2000 and served as Group President of the Military Simulation and Training Division until June 2006.

In 2003, Don was appointed by the Prime Minister as the Canadian Co-chair of the Canada-Japan Forum, an external advisory group established by the governments of Japan and Canada to provide advice and to promote the bilateral relationship between the two countries.

Prior to his time at CAE, Don had a distinguished career with Canada’s Department of Foreign Affairs and International Trade. As Canada’s Ambassador to Japan, Don oversaw significant development in Canada’s economic and trade relationship with Japan. He capped his public service career as Canada’s Deputy Foreign Minister and the Personal Representative for the Prime Minister for G7 Summits. Earlier as Deputy Minister of International Trade, he supervised the negotiation of the North America Free Trade Agreement (NAFTA) and other significant bilateral trade and economic issues. As Assistant Deputy Minister, Don was deeply involved in the Canada-United States Free Trade Agreement.

Earlier as Deputy Minister of International Trade, he supervised the negotiation of the North America Free Trade Agreement (NAFTA) and other significant bilateral trade and economic issues. As Assistant Deputy Minister, Don was deeply involved in the Canada-United States Free Trade Agreement.

Did you know?

  • Vancouver is among the top-10 wealth management centres in the world.
  • British Columbia is one of the top two designated financial centres in Canada.
  • BC has some of the lowest corporate taxes in North America.
  • The IBA Program includes a personal income tax incentive for international employees.
  • BC has a lower tax rate than Hong Kong and Singapore.