In Paris, Trudeau defends benefits of EU-Canada trade deal

French President Emmanuel Macron, left, welcomes Canadian Prime Minister Justin Trudeau at the Elysee Palace in Paris, Monday, April 16, 2018. Trudeau is in France for a two-day visit. (Sean Kilpatrick/The Canadian Press via AP)
French President Emmanuel Macron, left, welcomes Canadian Prime Minister Justin Trudeau at the Elysee Palace in Paris, Monday, April 16, 2018. Trudeau is on a two days visit to France. (AP Photo/Michel Euler)
French President Emmanuel Macron, left, welcomes Canadian Prime Minister Justin Trudeau at the Elysee Palace in Paris, Monday, April 16, 2018. Trudeau is on a two days visit to France. (AP Photo/Michel Euler)

PARIS — Canadian Prime Minister Justin Trudeau and French President Emmanuel Macron have discussed a renewed economic partnership to boost growth, jobs and investments in their two countries.

In a joint news conference in Paris, Trudeau praised the "benefits" of a trade deal between Canada and the European Union that came largely into effect last September.

Trudeau said "we already see the results" of the new trade rules, called the Canada-European Union Comprehensive Economic and Trade Agreement Implementation Act (CETA).

Canadian imports from France have increased 4 percent last year and Canadian investments in France have jumped 23 percent, he said.

Trudeau insists the deal included rules to protect workers' rights and the environment, but CETA had triggered many protests across Europe, with critics arguing it weakens European labor laws.

Other News

Home Depot rides housing boom to record sales, profit

Aug 16, 2016

Home Depot posted record sales and earnings during its second quarter and raised its profit expectations for the year as housing market continues to warm up

Asian stocks mostly higher after Wall Street decline

Aug 17, 2016

Asian stock markets were mostly higher Wednesday after Wall Street declined

Target cuts outlook as it sees fewer customers in stores

Aug 17, 2016

Target cut its profit forecast and a key sales outlook amid stiffer competition and its own stumbles in areas like groceries

The Budget Report seeks to provide comprehensive coverage and analysis on the current economic, financial issues around the world. First hand finance and economic news all day, every day.

Contact us: sales@thebudgetreport.com