Ted Menzies, the Minister of State for Finance, yesterday delivered a talk on the Canada – EU Trade Agreement that marked an important shift in the government’s rhetoric on the agreement. Aside from a bizarre reference to the value of the agreement being $17 trillion dollars (total Canadian GDP is $1.8 trillion), the talk is most notable from the move away from promising swift completion of the agreement. After years of setting missed deadlines, Menzies now says there is no deadline for completion, suggesting that the government is beginning to hedge on whether there even will be a deal. I wrote about the prospect of the agreement dying altogether last month.
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