Brexit blow: Canada refuses to roll over EU trade deal for UK - trade officials ‘furious’ | WHAT REALLY HAPPENED

Brexit blow: Canada refuses to roll over EU trade deal for UK - trade officials ‘furious’

The decision not to roll over the Comprehensive Economic and Trade Agreement (CETA) if Britain crashes out of the European Union without a deal on October 31 could have a huge impact on businesses selling goods to the Canadian market. Britain has insisted Canada roll over CETA, even in the event of a no deal Brexit, but the North American country is awaiting the outcome of any further talks between London and Brussels before making a final decision, a source at the Department for International Trade told BuzzFeed News. The same source told the news website British trade officials are “furious” at the embarrassing rejection, having spent the best part of a year trying to convince Canada to extend CETA.

Canada is a major trading partner of the UK, accounting for 1.6 percent of the country’s exports.

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