The European Union (EU) is Ontario’s second largest trading partner and a key market for Ontario’s technology, products and services.
Ontario exported $20 billion in goods to the European Union in 2016, an 8% increase over 2015 and a 54% increase over ten years ago.
The EU is the world’s second largest economy and ranks among the top world importers. The 28 EU countries constitute the world’s largest
single market, with a population of 512 million and a GDP of over $20 trillion.
As of September 21, 2017, the Comprehensive Economic and Trade Agreement (CETA) between Canada and the European Union is being
provisionally applied, meaning that most tariffs have been immediately removed. CETA will expand opportunities for Ontario businesses by
removing tariff and non-tariff barriers to trade as well as enhancing regulatory cooperation. CETA will also ease regulatory barriers to trade,
reinforce intellectual property rights and ensure more transparent rules for market access.
For information on the seminar, please click here.