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Canadian Ferry Operators Welcome Trade Agreement with European Union

ID: 1274550

(firmenpresse) - OTTAWA, ONTARIO -- (Marketwired) -- 10/21/13 -- Today the Canadian Ferry Operators Association (CFOA) voiced its support for the agreement in principle on a comprehensive trade agreement between Canada and the European Union. Under the Comprehensive Economic and Trade Agreement (CETA), the current Canadian tariff of 25% on ferries shorter than 129 metres will be eliminated over a period of 7 years.

"We applaud the Harper government's efforts in establishing a free trade agreement with the European Union," said Serge Buy, CEO of CFOA. "Our sector is investing $2.3 billion in fleet renewal over the next five years, and the elimination of this tariff will support our ferry operators as they continue to provide vital economic connections for Canadians across the country."

Ferries form an essential part of Canada's transportation infrastructure and ferry operators make key contributions in driving Canada's economy. Last year, CFOA ferry operators:

About CFOA

The Canadian Ferry Operators Association is the national voice of ferries in Canada. Our members operate with the highest professional and operational standards and promote the safe operation of ferry services in Canada.

Visit for more information. Follow us on Twitter (at)cdnferry.



Contacts:
Canadian Ferry Operators Association
Daniel Kosick
Director of Communications
(613) 686-3838
(613) 482-3604 (FAX)




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Bereitgestellt von Benutzer: Marketwired
Datum: 21.10.2013 - 15:08 Uhr
Sprache: Deutsch
News-ID 1274550
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