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As part of this objective, Commissioner Bieńkowska and the Honourable Navdeep Bains, Canada’s Minister of Innovation, Science and Economic Development, will take part in the signing ceremony of an Administrative Arrangement on Cluster Cooperation, which will be formally signed by the European Commission and the Canadian Department of Industry. The agreement will help SMEs to pursue transatlantic trade opportunities and foster innovation-led growth on both sides by facilitating linkages and exchange of best practices between EU and Canadian cluster representatives and policy-makers. The EU-Canada Comprehensive Economic and Trade Agreement (CETA), which provisionally applies since September 2017, offers a favourable environment for such an enhanced cooperation.
Ahead of the visit, Commissioner Bieńkowska said: “The EU and Canada are natural partners for clusters. Companies from both sides of the Atlantic can pool their knowledge and innovation potential to build a strong industrial foundation. We have an interest to intensify our cooperation in a more strategic and sustainable manner – not the least to fully use the opportunities offered by CETA.”
By boosting trade between the partners, CETA creates jobs, growth and new opportunities for businesses. CETA also has some of the strongest commitments ever included in a trade deal to promote labour rights, environmental protection and sustainable development. The signature of the Administrative Arrangement on Cluster Cooperation will take place tomorrow during the three-day EU-Canada Cluster Matchmaking event at Humber College in Toronto, where the Commissioner will also deliver a keynote speech, hold a bilateral meeting with Minister Bains and participate in a roundtable discussion on opportunities for EU-Canada business development. At the event, she will be joined by 26 European clusters with companies from 16 countries which will attend alongside Canada's five Innovation Superclusters and other key counterparts.
On the second day, the Commissioner will visit the MaRS District, an innovation hub that helps start-ups to grow, create jobs and solve societal challenges.
For more information:
Lucia Caudet – Tel.: +32 229 56182;
Victoria Von Hammerstein-Gesmold – Tel.: +32 229 55040
Press Officer, EU Delegation to Canada