Trade minister urges EU to want Canada’s oil

Canada’s trade minister, itching for a free trade pact with a wary European Union, said on Thursday the EU should want to deepen its trade relations with Canada for its oil.

“Canada’s an energy power,” Trade Minister David Emerson told a conference on the prospects of closer economic ties between Canada and the EU.

And Canada’s development of huge oil and gas reserves in the coming decades, particularly in the Arctic, “is a very, very powerful reason why partners like the EU should want to deepen their relationship with Canada,” he said.

AFP