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Von der Leyen Announces EU Replacing CETA With Canada Alliance

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Story summary
  • European Commission President Ursula von der Leyen announced replacing CETA with an Alliance for Future with Canada.
  • Belgium, Bulgaria, Cyprus, France, Greece, Hungary, Ireland, Italy, Poland and Slovenia remain CETA holdouts.
  • EU-Canada trade rose 80% to €130 billion in 2025, up from €72.1 billion in 2016.
  • The EU runs a €16 billion goods surplus and €9.7 billion services surplus with Canada.
  • Only 3% of Canadian beef quotas were used 2021-2023 because of EU sanitary rules.