Job Creation Opportunities will arise following EU Canada Trade Agreement
Minister for Jobs, Enterprise and Innovation, Mary Mitchell O’Connor TD, looks forward to the new opportunities that will arise for trade and investment under the EU-Canada Comprehensive Economic Trade Agreement (CETA) which is to come into effect this year. The Minister met with the Ireland Canada Business Association on 18th January 2017.“This Agreement will provide opportunities for Irish companies already trading in Canada as well as a new market diversification opportunity for others. It will also provide opportunities for Ireland to both grow the operations of Canadian companies already in Ireland as well as attracting new Canadian companies to Ireland as a base for servicing the EU market.” In 2015, total exports from Ireland to Canada amounted to €2.3 Billion with over 400 Enterprise Ireland client companies currently exporting to Canada. Canadian companies operating in Ireland that are clients of IDA Ireland employ some 2,800 people across a range of sectors.
“It is my intention to undertake a trade mission to Canada in the near future and I have already asked IDA Ireland and Enterprise Ireland to intensify their efforts to attract further Canadian investment and support Irish companies seeking to enter the Canadian market or increase their existing business levels,” the Minister said.