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A trade deal with the European Union could give Canadian businesses “first mover advantage” over American firms if Canada and the EU are able to nail down a deal before the latter turns its attention to the United States, analysts say.

Meanwhile, observers are also weighing in on what a Canada-EU deal could mean for the two sides and, at a more practical level, for Canadians.

Signing a deal with the EU before the US would be good for Canada, said John Weekes, who was Canada’s chief negotiator for NAFTA.

“Our businesses and entrepreneurs [could] start developing relationships on the basis of this...

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