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Canada-EU pact endorsed

January 1st, 2014 / By: / Industry News

The National Marine Manufacturers Association Canada (NMMA Canada) announced its support of the agreement in principle of the Canada-EU Comprehensive Economic and Trade Agreement (CETA) noting potential growth opportunities for the nation’s $8.9 billion recreational boating industry. The agreement was reached in principle by Prime Minister Stephen Harper and Jose Manuel Barroso, president of the European Commission, in Brussels, Belgium. The agreement includes the trade of goods and services, investments and government procurement and offers the opportunity for additional partnerships in areas such as regulatory cooperation. The agreement is expected to create jobs and growth opportunities for Canadian businesses.

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