The major shift in the British political landscape after Thursday's election will likely have little impact on Canada's relationship with its ally across the pond, experts say, though it is reviving hope for a possible free-trade deal.
Labour Party leader Keir Starmer speaks to his supporters at the Tate Modern in London, Friday, July 5, 2024. The Labour Party has won the 2024 general election, and Starmer is expected to be the next British Prime Minister. The major shift in the British political landscape after Thursday's election will likely have little impact on Canada's relationship with its ally across the pond, experts say, though it is reviving hope for a possible free-trade deal.
Martin Buckle, director of the British Canadian Chamber of Trade and Commerce, said it was "very surprising" when the U.K. government walked away from negotiations because the dairy issue was well-known. A continuity agreement is in place that keeps most of the former European Union trade rules in place until a separate deal is inked.Keir Starmer's Labour Party has pledged to reset international relationships and start inking trade deals. Its election manifesto said it will not reverse Brexit but will work on "tearing down unnecessary barriers to trade" with the EU.
"I talked to a U.K. trade negotiator a few months ago and they said these issues are really not important enough to make any major concessions that could hurt the government standing with domestic constituencies, for instance in Canada, the dairy lobby," Hurrelmann said. In recent weeks, there have also been growing calls 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.
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