Canada wouldn’t be a good model post-Brexit

Myth: After leaving the EU, Britain should negotiate a free-trade deal like Canada’s

InFact: Boris Johnson has toyed with the idea that we should follow in the footsteps of Canada, which is not a member of the EU but has just signed a free trade deal with it. Under the deal, Canada doesn’t have to accept to free movement, or pay into the EU’s budget. But it also doesn’t have a passport for its financial services industry, and it pays tariffs on some exports. That would damage our industry. No wonder that Boris has recently distanced himself from the idea.

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This article is an adaptation of a piece that previously appeared on InFacts.

Edited by Hugo Dixon