UK PM Theresa May seeks bilateral trade deal with Canada
Sep 19 2017
Any deal will be based on the EU/Canada deal which took seven years to negotiate and formally takes effect from Thursday this week.
Canada and the European Union signed CETA, a free trade deal, last year, which the United Kingdom won't reap the benefits from once its divorce from the EU is complete.
Theresa May is making yet another major visit to one of the UK's biggest trade partners in the hopes of setting the foundations of a post-Brexit trade deal.
Coming just days before the Comprehensive Economic and Trade Agreement (Ceta), an agreement between the European Union and Canada that took seven years to negotiate, is enacted on 21 September, the PM was hoping to use her trip to discuss the potential of Downing Street using Ceta as a model for a bilateral trade deal with Canada after Britain leaves the European Union in March 2019.
And she will show her efficiency when she looks to secure a number of lucrative deals when speaking to a host of Canadian business leaders in an effort to secure a number of deals.
Mrs May's visit to Canada on Monday is her first as a Government minister the first by a British Prime Minister since 2011.
Prime Minister Justin Trudeau is dropping the gloves in his fight with Boeing, saying his government won't do business with a company that he's accusing of attacking Canadian industry and trying to put aerospace employees out of work.
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His intervention also saw him revive the controversial claim, branded "misleading" by the official statistician, that £350 million a week could be freed up for the NHS by Brexit.
But Mr Johnson insisted he was "all behind" the Prime Minister, and Mrs May's de facto deputy Damian Green said he would not be sacked for comments which he said were in line with the PM's own speeches on Europe.
The UK-Canada bilateral trade relationship is thought to be worth 15.2 billion euros a year, while Britain is the second biggest destination for Canadian investment overseas, with 1.75 billion euros invested in the country since March.