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Andreas Schotter | Canada's trade deal with EU a model for Brexit?

  • The Guardian
  • |
  • Aug 16, 2016
Andreas Schotter | Canada's trade deal with EU a model for Brexit?

Some pundits are viewing CETA, Canada's yet to be ratifeid trade deal with the EU, as a model for Britain to follow in the new Brexit era.

But many experts and trade insiders question whether CETA's framework is far-reaching enough to allow the UK to replicate its current level of access to the single market. 

Also, Ivey strategy professor Andreas Schotter believes issues like corporations being allowed to launch legal challenges against governments should be a major concern.

“That’s what the person on the street doesn’t understand, that with the legislation that is behind these trade deals, corporations become powerful enough to sue governments," said Schotter.