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Canadian Ship Owners Warn EU Free-Trade Deal Threatens Jobs

Posted September 16, 2014

Under Economic Issues, International Trade Issues

(Barrie McKenna – Globe & Mail)

Canadian ship owners and their crews say Ottawa negotiated a lopsided trade deal with Europe that could eventually put thousands of jobs at risk.

Under the free-trade agreement, key pieces of the highly protected Great Lakes and the St. Lawrence River shipping business will be opened up to foreign competition for the first time, with no reciprocal access to the European market.

The complaints mark a rare pocket of domestic opposition to a deal that has enjoyed near-universal support among Canadian business groups. Read more here.