The Financial News

The Financial News

EU considers Canada for membership: How would it work?


European Commission President Ursula von der Leyen proposed Wednesday that Canada become the bloc’s first “associate member,” a move aimed at shoring up their economies in the face of increasing trade tensions with the United States.

Canada is currently locked in a trade war with the US, its largest trading partner, adding urgency to efforts to get closer to the the European Union.

0:00 An unprecedented proposal from the EU
1:01 What is an “associate” member of the European Union?
2:33 How does this relate to the US-Canada trade war?
3:50 What would Canada gain from EU membership?
5:25 The Canadian exports that might benefit the most

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#canada #europe #News


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