Saturday, October 19, 2013 | Categories: |
We've pulled together some of our coverage of the agreement in principle on a free-trade deal between Canada and the European Union, starting with an CETA explainer, and followed by House interviews with International Trade Minister Ed Fast and Official Opposition Leader Tom Mulcair.
CETA by the numbers:
35 million: Population of Canada.
500 million: Population of European Union.
28: Number of countries in the European Union.
$17 trillion: EU's current annual GDP, the measure of its economic activity.
$1.8 trillion: Canada's current annual GDP.
$12 billion: What the Harper government expects in added GDP for Canada annually.
$16.3 billion: What the EU expects in annual GDP gains for Europe.
$1.5 billion: Annual value of increased agricultural exports expected by Canadian producers.
$700 million: What the EU expects in annual tariff savings (and what Canada would lose in duties).
20 per cent: The government's estimated increase in bilateral trade as a result of the deal.
29,000 tonnes: EU cheese allowed into Canada tariff-free annually, up from 13,000, once fully implemented.
65,000 tonnes: Annual quota for Canadian beef in Europe, up from 15,000, once fully implemented.
75,000 tonnes: Annual quota for Canadian pork, up from 6,000, once fully implemented.
100,000: Number of cars Canadian automakers will be able to export a year, 12 times the current limit.
2 years: Extension of drug patents for brand-name pharmaceuticals.
22: Number of languages into which the agreement must be translated.
5 years: Time elapsed since initial study of a trade deal began.
2 years: Expected length of time before deal is ratified.