Tag Archives: Canada-European trade agreement
Coronavirus: Despite no shipments to China, Nova Scotia seafood business is thriving
“Our first thoughts are with the people in Asia and China and the rest of the world, Iran, Italy and other countries that are affected by the virus,” says Leo Muise, Executive Director of the Nova Scotia Seafood Alliance. Shipments to Asia have slowed almost to a halt since mid-January when the virus began to spread. “Geo-political events that happen all over this world have a great effect on this industry. Three years ago when the U.S. government and the Chinese government got into that trade war, and China put retaliatory tariffs on the U.S., that’s when our sales to China started to boom because we have a financial advantage there,” >click to read< 10:53
Two years after CETA took effect, fisheries minister says Tory exemptions devalued the industry
In 2013, negotiations between Canada and the European Union over the Comprehensive Economic and Trade Agreement, or CETA, included talks on how Newfoundland and Labrador might be compensated for losses once the deal was implemented. The provincial PC government of the time insisted on a $400-million compensation program, noted Byrne. “I can certainly understand why they’d take that position,” Byrne said. But that fund never materialized, >click to read<10:56
