Deregulation through the EU-Canada Trade Agreement: Four Case Studies
The EU-Canada Comprehensive Economic and Trade Agreement (CETA) is designed to facilitate the unfettered expansion of trade between the EU and Canada, including by limiting the regulatory burden for companies in both jurisdictions. This means harmonizing regulations, which historically has meant reducing them to the lowest common denominator; reducing the discretion regulators have to tailor permits to specific technological and environmental conditions; and eliminating precautionary measures by forbidding regulations that are not supported with sufficient scientific evidence.
While most of CETA came into force provisionally on September 21, 2017, the national parliaments of the EU must also ratify CETA before it can take full effect.
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