Canada Style Brexit Deal Explained - Brexit Explained

The video discusses the complexities of Brexit negotiations, focusing on the potential for a Canada Plus trade deal between the UK and the EU. It explains the CETA agreement as a model, highlighting its provisions on tariffs, investment, and labor mobility. The video also addresses challenges such as the Northern Ireland-Ireland border and the importance of services in the UK economy. It concludes by weighing the advantages and challenges of a Canada Plus deal, emphasizing the need for successful negotiations to address unresolved issues.

What is one of the main reasons for the tension between the remain and leave camps in the Brexit negotiations?

• Disagreement over the Prime Minister's leadership

• Conflicts over domestic policies

• Different views on the Canada-style trade agreement

• Opposing ideas on the UK's future relationship with the EU

What is the primary objective of the Comprehensive Economic and Trade Agreement (CETA) between Canada and the EU?

• To increase tariffs on goods

• To liberalize trade borders

• To restrict labor mobility

• To limit foreign investment

What percentage of tariffs on EU and Canadian goods does CETA aim to eliminate?

• 50%

• 75%

• 100%

• 99%

In the context of a Canada Plus deal, what is a significant concern for the UK regarding services?

• Limited access to EU fishing waters

• Increased regulatory barriers

• Insufficient coverage of services

• Lack of tariff elimination

Why is the fishing industry a point of contention in the Canada Plus deal?

• Canada has a similar fishing policy

• The UK wants to eliminate all fishing quotas

• The UK wants to maintain control over British waters

• The EU wants to increase tariffs on fish

What technological solution is proposed to avoid a hard border between Northern Ireland and Ireland?

• Physical border checks

• Increased tariffs on goods

• Customs declaration forms

• Electronic sensors and trusted trader schemes

What is a potential benefit of a Canada Plus deal for the UK?

• Unrestricted access to EU financial markets

• Full membership in the EU

• Complete elimination of all trade barriers

• Ability to negotiate trade deals with other countries

What is a major challenge in negotiating a Canada Plus deal compared to the original CETA?

• Lack of political will

• Time constraints

• Absence of a land border

• Increased tariffs on services

What is a key argument for the feasibility of a Canada Plus deal?

• The UK has unlimited time for negotiations

• The EU has never negotiated a trade deal

• The UK starts with full convergence with the EU

• The UK has no existing trade agreements

What is a significant issue that CETA does not address, which is crucial for the UK?

• Investment dispute procedures

• Services sector coverage

• Tariff elimination on goods

• Regulatory alignment