Canadian companies can benefit from provisions in CETA related to regulatory cooperation, government procurement, temporary entry, and trade in services. Canada will have a preferential trade advantage with the EU that many competitors will not have.
According to Statistics Canada, the main European markets for Canadian softwood lumber in 2015 were UK with 56 thousand cubic meters, Belgium – 64 thousand cubic meters, France – 12 thousand cubic meters. The supplies to EU very small in comparison with export to USA (31 million cubic meters), China (6.5 million cubic meters) and Japan (2.3 million cubic meters).
In 2015 Canada has exported 1.2 million tonnes of wooden pellets to UK, 85.5 thousand tonnes to Italy and 14 thousand tonnes to Austria.