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Justin Trudeau: Canada has no closer friend than the US

Credit: PA Wire

Canadian Prime Minister Justin Trudeau congratulated Donald Trump on winning the US presidency and stressed the close friendship and ties between the two nations.

Mr Trudeau said in a statement that he looked forward to working very closely with Mr Trump and his administration on trade, investment, international peace and security.

“On behalf of the Government of Canada, I would like to congratulate Donald J. Trump on his election as the next President of the United States.

“Canada has no closer friend, partner, and ally than the United States. We look forward to working very closely with President-elect Trump, his administration, and with the United States Congress in the years ahead, including on issues such as trade, investment, and international peace and security.

“The relationship between our two countries serves as a model for the world. Our shared values, deep cultural ties, and strong integrated economies will continue to provide the basis for advancing our strong and prosperous partnership.”

EU and Canada sign delayed free trade agreement

The European Union and Canada signed a free trade agreement on Sunday after seven years of negotiations and last-minute delays.

The deal, known as the Comprehensive Economic and Trade Agreement (CETA), is designed to boost growth and jobs and following weeks of uncertainty due to opposition in part of Belgium.

Canadian Prime Minister Justin Trudeau signed the treaty along with the heads of EU institutions, which should pave the way for it partially enter into force early in 2017 with the removal of most import duties.

Canada-EU free trade deal 'not ready yet'

Canadian Prime Minister Justin Trudeau was due to fly to Brussels. Credit: PA

A free trade deal between Canada and the European Union will not be completed on Thursday - because it is not finished yet.

Canadian Prime Minister Justin Trudeau has not yet flown to Brussels to sign the deal.

Despite the setback, a spokesman said: "Canada remains ready to sign this important agreement when Europe is ready."

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Belgium set Monday deadline over EU-Canada trade deal

Walloon Minister President Paul Magnette (left) and European Parliament President Martin Schulz. Credit: PA

Belgium has been given until Monday evening to back an EU trade deal with Canada.

The Canadians have said they are "ready to sign" the historic deal and all 28 EU government back the Comprehensive Economic and Trade Agreement.

However, it has been held up because the regional government of the French-speaking region of Wallonia in Belgium has refused to give the go-ahead, saying the deal is bad for Europe's farmers and gives too much power to global corporate interests.

Reuters reported that EU trade officials are offering tweaks to a political declaration appended to the treaty in a bid to get them to sign.

European Council President Donald Tusk is reportedly due to speak to Belgian Prime Minister Charles Michel by late on Monday to confirm if the deal is on.

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