Canada and EU free trade deal clears major hurdle with deal on final text

Negotiators working on Canada’s free trade deal with the European Union have finalized the long-awaited text of the agreement.

OTTAWA — Negotiators working on Canada’s free trade deal with the European Union have finalized the long-awaited text of the agreement.

The final wording comes after months of negotiation and disagreements over a wide-ranging series of issues that included investor protection from lawsuits as well as dairy agricultural quotas.

A statement from Trade Minister Ed Fast says finalizing the text is another important step forward.

The provinces are now being consulted in the details and the deal will also go to the EU’s 28 countries for feedback.

The federal government has made the deal with Europe a centrepiece of its economic agenda; Prime Minister Stephen Harper all but declared victory in Brussels last October when the two sides struck a deal in principle.

The agreement, which would give Canada favoured access to Europe’s $17-trillion economy, has been the subject of much speculation, but federal officials say 98 per cent of the tariffs between the partners would drop to zero when the deal comes into force.

Just Posted

Lacombe council seeking answers about policing cost overruns

Council surprised to find out about $240,000 policing budget shortfall

Red Deer fundraiser to help educate Somali orphans on May 11

The Mother’s Day event is for all ages

Lacombe to join municipal coalition spreading the word about importance of resource industry

Resources Communities of Canada Coalition to represent municipalities connected to resource industry

These blues will get you dancing: The Overdue Blues Band performs in Red Deer Saturday

Calgary’s Brother Ray Lemelin Band is also on Elks Lodge bill

Gardening: Time and effort key to buying garden plants

Greenhouses, garden centers and box stores are set to start selling bedding… Continue reading

Montreal native Nicholas Latifi off to solid start on Formula 2 race circuit

Practice makes perfect for Canadian Nicholas Latifi. The 23-year-old Montreal auto racer… Continue reading

Bruins victory over Leafs ensures an American team will hoist the Stanley Cup

TORONTO — Many NHL players were either not yet born or too… Continue reading

Swole, buzzy, among new words in Merriam-Webster dictionary

BOSTON — Get swole, prepare a bug-out bag, grab a go-cup and… Continue reading

Garner graces cover of People’s annual ‘Beautiful Issue’

NEW YORK — Jennifer Garner graces the front of this year’s “Beautiful… Continue reading

Updated: Joshua Arthur Sanford has been found, says RCMP

37-year-old Ponoka man last seen on Tuesday morning

Inspired by a galaxy far, far away, these ‘Star Wars’ mementos could be yours forever

CHICAGO —The stuff of “Star Wars” —and there is unfortunately no better… Continue reading

Shoppers Drug Mart launches second online medical pot portal in Alberta

TORONTO — Medical cannabis users in Alberta can now get their therapeutic… Continue reading

Most Read