Trade between the European Union and Canada is already very strong – and growth is expected to continue as a result of an historic new trade agreement now being finalized in Ottawa, according to the British International Freight Association. The Canada-European Union Comprehensive Economic and Trade Agreement (CETA) is said to be Canada’s most ambitious trade initiative, broader in scope and deeper in ambition than the North American Free Trade Agreement.

Two decades after its enactment, the North American Free Trade Agreement - better known as Nafta - remains a source of deep disagreement among economists - and unions.