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Canadian lawyers preparing for increased business as CETA passes in EU Parliament

Thursday, February 16, 2017 @ 1:41 PM | By Tom Venetis

After a heated and sometimes testy debate, the European Parliament in Strasbourg gave approval to the Canada-EU trade agreement.

The Comprehensive Economic and Trade Agreement (CETA) was adopted by a vote of 408-254, with 33 abstentions. The agreement will end nearly all tariffs on goods flowing between Canada and the European Union (EU). The EU is Canada’s second-largest trading partner after the United States.

The Canadian Parliament has already given third reading to Bill C-30 to implement the deal. The legislation is now headed to the...