For Jean Charest, the founder of this deal, this deal is the great gateway to the Americas, as well as a passage way for businesses that want to invest in Canada all while having access to Europe.
This agreement has moved beyond the TIEA (Trade and Investment Enhancement Agreement) toward one with a much broader and ambitious scope. At the request of the European Union; the ten Canadian provinces as well as the three federal territories of the country were invited to play an active role in negotiations. Right up until this day, never had a Canadian province nor a federal territory ever participated in negotiations relating to an international agreement.
On Friday, September 26, 2014 during the Summit in Ottawa the Canadian government, the President of the European Council, Herman Van Rompuy accompanied by the President of the European Commission, José Manuel Barroso officially unveiled the contents of CETA (Canada-European Union Comprehensive Economic and Trade Agreement) as well as the conclusion of negotiations. The agreement must be translated into 23 languages and it must be legally revised before being signed and then ratified.