On Tuesday, April 18, Baker McKenzie’s Toronto office hosted a discussion, Navigating Brexit: Managing the Trade and Investment Impact of the UK’s Withdrawal from the EU, at which Partner Peter MacKay (left) and Counsel James Small (right) explored the implications of Brexit on Canadian interests and the role CETA can play in mitigating any adverse impact.
Part One of our video series highlights how Brexit came to be, why the language of law is a crucial part of the discussion and how disruptive the ripple effects might be for Canada.
The UK and the EU are not communicating, causing a “state-to-state disruption of legal order”:
A “hard Brexit” would directly impact three key areas:
Canada’s financial services sector in London is “significantly at risk” but passporting can continue:
Part Two of our series will focus on the unique position of Canada in this new landscape and the opportunity provided by CETA, along with a potential Canada-UK trade deal.
