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Story perspectives

Canada, EU Modernize Trade Deal to Boost Businesses

3/6/2026

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Story summary
  • Canada and the European Union signed an agreement in Toronto on March 5, 2026 to modernize CETA.
  • Canadian Trade Minister Maninder Sidhu and EU Commissioner Maroš Šefcovic announced a digital trade deal and a mutual recognition agreement for architects.
  • They aim to modernize CETA to address emerging issues and strengthen protections for small and medium-sized businesses.
  • Ten EU member states must ratify CETA, potentially delaying the revised investment court system.