Canada’s manufacturing and logistics sectors can act now to capitalize on EU trade

Although the signed Comprehensive Economic and Trade Agreement (CETA) is still not ratified, Canadian businesses, especially in the manufacturing, import/export and logistics sectors, can act now to benefit from the promised $12-billion/year in new trade through CETA.

CETA has been called the “Wayne Greztky” of deals for Canada’s manufacturing industry, but ensuring a balance between access and opportunities is paramount and exactly how to prepare remains uncertain.

Global network of businesses at Canada’s largest Logistics Expo & Conference

Canadian and European business owners can take action to prepare for CETA by engaging with all stakeholders in Canadian supply chains. Canadian manufacturers, retailers, importers and exporters must be proactive to streamline their supply chains to effectively take advantage of the opportunities afforded by the signed agreement.

Informa Canada will be gathering manufacturers, retailers, importers, exporters and other supply chain stakeholders under one roof, at the inaugural Cargo Logistics Canada (CLCC) Expo in Vancouver, B.C. on January 29-30, 2014.

Freight movers and owners will meet at the Vancouver Convention Centre to connect and discuss the latest issues facing businesses when it comes to import, export and domestic trade.

“CETA provides all Canadian importers and exporters with a clear mandate to find ways to optimize their supply chains—from source to market,” said David Tyldesley, CLC show director. “We are excited to bring together the entire freight spectrum at the expo, where delegates will be able to find tools and partners to help them cope with the opportunities provide by CETA.”

CETA is Canada’s biggest bilateral initiative since the North American Free Trade Agreement (NAFTA).

“The Comprehensive Economic and Trade Agreement with the European Union bridges Canadian companies across the Atlantic and provides preferential access to the largest, most affluent market in the world,” said Jayson Myers, president and CEO Canada Manufacturers and Exporters, who accompanied Prime Minister Harper to Belgium for the official signing of the agreement. “With negotiations now concluded in principle, the Cargo Logistics Canada Conference and Expo could not come at a better time. It’s the ideal forum for businesses to converge and explore the world of opportunity that CETA will foster and the tools that businesses will need to capitalize on that success.”