Tag Archives: Canada’s free trade deal

CETA Deal could be in force for opening day of lobster season on P.E.I.

Canada’s free trade deal with Europe is only steps away from being ratified in Ottawa, and the Lobster Council of Canada is telling exporters to get ready. When CETA is passed an eight per cent tariffs on live lobster shipped to Europe will immediately disappear, and could happen as soon as May 1, the day the spring lobster season on P.E.I. opens. Lobster industry officials in Maine are worried that the disappearance of those tariffs, while tariffs on U.S. lobster remain, could eat into their exports. “For the lobster sector it will mean tariff free access to 27 countries in Europe over the next number of years,” said Geoff Irvine, executive director of the Lobster Council of Canada. Read the rest here 12:32