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Collective Agreement CER: An Overview
A collective agreement is a legally binding agreement made between an employer or group of employers and a union or group of unions, which outlines the terms and conditions of employment. The Collective Agreement CER (Comprehensive Economic and Trade Agreement) is a particular agreement that primarily governs trade between Canada and the European Union.
CER was signed in 2016, and it came into force provisionally in 2017. CER is a comprehensive agreement that not only covers trade but also other areas of mutual interests such as investment, intellectual property, and government procurement.
The agreement includes provisions that help companies in Canada and the European Union to gain better access to each other`s markets. It also includes measures that ensure that trade between the two regions is fair and conducted on a level playing field. For instance, CER eliminates tariffs on goods imported and exported between Canada and the European Union. This means that Canadian companies can sell their products in the European Union without facing the same high tariffs that non-EU countries face.
One of the key benefits of CER is that it encourages the free flow of goods and services between Canada and the European Union. This means that companies in both regions can sell their products and services in each other`s markets without facing unnecessary restrictions or barriers to trade. This is particularly important for small and medium-sized businesses that do not have the resources to navigate complex trade regulations and barriers.
CER also includes provisions that protect workers` rights and the environment. It contains specific language that ensures that companies operating in both regions must comply with established labor and environmental standards. This helps to prevent a race to the bottom in which companies compete by paying workers low wages or engaging in environmentally damaging practices.
In conclusion, the Collective Agreement CER is a comprehensive agreement that benefits Canadian and European Union companies by removing barriers to trade, protecting workers` rights, and promoting environmental sustainability. It is an essential agreement that helps to facilitate economic growth and strengthens the relationship between Canada and the European Union.