Newfoundland says Ottawa reneges on promise of $400 million in EU trade deal
SEAFOODNEWS.COM [Globe and Mail] By Steven Chase - December 10, 2014 -
Newfoundland is threatening to withdraw support for the Canada-European Union trade agreement, a move that could create havoc for Prime Minister Stephen Harper.
Paul Davis, Premier of Newfoundland and Labrador, warns he's ready to pull backing for the agreement because, he says, Ottawa is reneging on the terms of a separate deal that secured his province's support for the accord, formally known as the Comprehensive Economic and Trade Agreement (CETA).
“Our support for CETA is on the line here," Mr. Davis said in an interview.
The deal, already signed by both sides, is still expected to take effect in 2016 after ratification in the European Union.
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