The Canada-EU Comprehensive Economic and Trade Agreement (CETA) boosted Canada’s trade with the world’s second-largest market. Signed in October 2016, CETA entered into force in September 2017.
Navdeep Bains, Minister of Innovation, Science and Economic Development, joined Elżbieta Bieńkowska, European Commissioner for Internal Market, Industry, Entrepreneurship and Small and Medium Enterprises, to witness the signing of an administrative arrangement between Canada and the EU to facilitate trans-Atlantic cluster collaboration. Under the arrangement, Canada’s five innovation superclusters will have more opportunities to form strategic business partnerships and linkages with cluster organizations and firms in the European Union.
The signing ceremony at Humber College in Toronto was held on the sidelines of an EU-Canada cluster matchmaking event. Representatives from all five of Canada’s superclusters, Protein Industries, Ocean, Digital Technology, Advanced Manufacturing and SCALE.AI.