October 18, 2013 3:59 am
Updated: October 18, 2013 4:06 am

EU deal could affect Canadian cheese, drugs, alcohol

Prime Minister Stephen Harper waves as he arrives in Brussels, Belgium Friday October 18, 2013.


OTTAWA – Details of a tentative free-trade deal between Canada and the European Union will be released this later morning, but some provinces are already raising concerns about the fine print.

The provinces have had summaries of the deal for several days and the most vocal about the deal is Ontario.

Story continues below

Ontario Economic Development Minister Eric Hoskins says he’s concerned about the effects on the province’s pharmaceutical, dairy, wine and spirits industries.

Read more: Will new trade pact with EU create jobs — or see them vanish?

Hoskins says although Ontario will support the agreement, it will seek compensation from the federal government for those sectors.

The Quebec government says it will wait until today to offer its response to the deal, which could impact the province’s large dairy industry.

Read more: Saskatchewan farmers react to EU trade deal

The deal allows European cheese producers to more than double their shipments into Canada while creating a European quota of close to 70-thousand tonnes for hormone-free beef from Canada.

That’s expected to be worth one-billion dollars to Canada’s beef farmers.

Read more: Canada-EU trade agreement could be most significant since NAFTA, says expert

Federal officials are touting the deal, saying they expect it will result in the creation of some 80-thousand jobs.

© 2013 The Canadian Press

Report an error


Want to discuss? Please read our Commenting Policy first.

Global News