A new U.K. government renews hopes for a free trade deal with Canada

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A new U.K. government renews hopes for a free trade deal with Canada
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Keir Starmer, leader of Britain's Labour party, reacts as he speaks at a reception to celebrate his win in the election, at Tate Modern, in London, Britain, July 5, 2024.

The major shift in the British political landscape after Thursday's election is reviving hope for a possible free trade deal across the pond in Canada.Keir Starmer, leader of Britain's Labour Party, speaks at a reception to celebrate his election win at Tate Modern in London on July 5, 2024. The major shift in the British political landscape after Thursday's election is reviving hope for a possible free trade deal across the pond in Canada.

Prime Minister Justin Trudeau, left, meets with then-Prime Minister of the United Kingdom Rishi Sunak at 10 Downing Street on May 6, 2023. Trade talks between Canada and the U.K. broke down in January. There were also concerns about British rules that ban the sale of hormone-treated beef from Canada, and rules of origin in the automotive sector.A continuity agreement is in place that keeps most of the former European Union trade rules in place until a separate deal is inked.

"Our countries enjoy robust economic ties, and I look forward to further strengthening them with Prime Minister Starmer," Trudeau said.Minister of Export Promotion, International Trade and Economic Development Mary Ng says she's ‘very confident’ the two sides will get back to the table. There's no specific mention of trade with Canada in the document, something Buckle said he hopes is a reflection of the fact that there are bigger concerns around trading with Europe in the post-Brexit era.Hurrelmann, however, said the underlying issues in trade talks with Canada have not changed and are largely non-partisan. He said he doesn't expect to see an urgent move to get back to the table.

There have been calls in recent weeks for Trudeau to step aside, with everyone from pundits to former cabinet ministers and current caucus members musing about a future without him at the party's helm.As Trudeau signals he's staying on, one MP says some incumbents could sit out the next election

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