National

Truss exit may stall Canada-U.K. trade deal

Darpan News Desk The Canadian Press, 20 Oct, 2022 01:32 PM

OTTAWA - More political tumult in Britain is likely to further stall trade talks with Canada, experts say.

U.K. Prime Minister Liz Truss stepped down today after a mere six weeks in office following ministers' resignations over her controversial tax policies.

The ruling Conservative Party says it will elect a new leader in a week, who will then install a new cabinet.

I recognise however that, given the situation, I cannot deliver the mandate on which I was elected by the Conservative Party.

I have therefore spoken to His Majesty The King to notify him that I am resigning as Leader of the Conservative Party.
— Liz Truss (@trussliz) October 20, 2022

Canadian trade experts say the changeover will mean it takes longer for Ottawa and London to sort out how they will exchange goods and services.

Britain left the European Union in 2020 and has since focused on deepening ties with countries outside Europe, especially Commonwealth peers such as Canada.

A continuity agreement is currently in place that keeps most of the former European Union rules in place until Canada signs a new trade deal with Britain.

Prev Next

MORE National ARTICLES

COVID test no longer needed for travellers Friday

While no test will be required after April 1 for people who are considered fully vaccinated, Health Canada still requires that anyone arriving from outside the country wear a mask in public for two weeks.

COVID test no longer needed for travellers Friday

Brakes failed in fatal train derailment

The train was parked on a grade near Field, B.C., when it started rolling on its own and gained speeds far above the limit for the mountain pass. It derailed at a curve in the tracks and 99 grain cars and two locomotives plummeted off a bridge.

Brakes failed in fatal train derailment

Canfor reducing production in Western Canada

The lumber producer says it will implement the reduced schedules at the mills effective April 4. The cuts will remain in effect for a minimum of four weeks.

Canfor reducing production in Western Canada

Child care in Canada reaches 'historic' moment

The spokeswoman for $10-a-day child care at the Coalition of Child Care Advocates for British Columbia said she is celebrating this week after Ontario became the final province to sign on to the federal government's national daycare plan, which promises $30 billion in new spending over five years.

Child care in Canada reaches 'historic' moment

291 COVID19 cases on Wednesday

There are 276 individuals hospitalized with COVID-19 and 43 are in intensive care. In the past 24 hours, six new deaths have been reported, for an overall total of 2,996.