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The U.K. and Canada are on track to forge a bilateral agreement that would immediately take effect should Britain be forced to leave the European Union without a deal on March 29, the U.K.’s high commissioner to Canada says.

A bilateral agreement would require legislation to be passed in both Canada and the U.K. by March 29, a process that “I think will be very difficult,” said Armand de Mestral, a senior fellow at the Centre for International Governance Innovation and professor emeritus of international law at McGill University in Montreal.

“Has a bill been drafted?” he said. “Is the agreement fully negotiated? Trudeau...

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