Oct 28, 2016
By Michael Kramer
Finally – it’s a done deal.
Prime Minister Justin Trudeau will soon head for Brussels – to sign the Canada-EU free trade deal – known as the Comprehensive Economic and Trade Agreement, or CETA.
The Prime Minister’s Office says the postponed summit will now take place Sunday.
Trudeau had initially expected to sign the deal earlier this week, but the Belgian region of Wallonia – hampered that plan by standing in lone opposition to the controversial deal.
Wallonia held a veto over Belgium’s ability to support the deal requiring support of all 28 EU countries.
The tiny French-speaking region of 3.5 million people had opposed the deal’s investor-state dispute settlement mechanism – along with the support of other European politicians and anti-trade activists.
An agreement Thursday give national and regional parliaments throughout Europe new powers – over those controversial investor protection provisions.