Brexit Offering Long-Term Benefits - Canada

02 Aug 2016

Canada has a possibility to benefit from UK’s steps towards Brexit.  According to the experts, any negotiations by UK on CETA (Comprehensive Economic and Trade Agreement) will always work in favor of Canada.

The diplomatic relationship between Canada and UK are quite good so that it will definitely help them get a mutual benefit, as Canada is open for deal negotiation with UK.

Even in US, with Trump moving up as a presidential candidate; Canada can definitely reap benefits with that as well. As all the major economies are facing turmoil, Canada  being  a ‘stable alternative’ is picking up profits due to that.

Newly elected Liberal government of Canada is taking steps to improve Canadian ties with Latin Americans. Canada knows that the future for this region will become bleak, if Trump gets himself in to the White House.

In UK as well, experts have predicted that the economic growth is going to slow down and Canada banks will keep their rates of interest low. This is definitely going to help the markets of Vancouver and Toronto.

European Headquarters in UK are also rethinking their business strategies due to the uncertainty of the single market access after the negotiations on Brexit

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