The prevailing Complete and Financial Commerce Settlement (CETA) deal will likely be ‘rolled over’ as a short-term transitional settlement (small modifications are being made to language to accommodate CAD-UK solely commerce as the unique CETA was made when the UK a part of the EU).
- the deal should be accepted by each governments (Canada’s Parliament should approve new laws)
- there isn’t a finish date or sundown clause for the transitional settlement, however the intention is to renegotiate a everlasting settlement to exchange it throughout 2021.
On the margin a optimistic. Eyes are on the way more contentious UK-EU commerce deal desicussions.