Matthew-Wilkinson.com My take on the mad world we live in...

Canada - Explain that to me again...

The EU was absolutely cock-a-hoop to finally manage to tie up a trade deal with Canada after 6 years or so, or was it more? They did finally do it, they had to, just about at the 11th hour. Well done. Canada is a significant trade partner but not one of the big 5 outside the EU. A group that the UK would soon be entering and no doubt be courted with similar vigor and on similar terms if not far more attractive ones bearing in mind not only its size and history but also proximity and potential as a ‘gateway’ to the rest of the world post-Brexit surely… No?

No. Apparently not. We have to be ‘punished’. We have to pay a huge fee to leave this club event though we’ve been one of very few paying into it for 40 years. How does that work? In what world would you accept this sort of ‘deal’? Having been one of three who have financially propped up the whole of the rest of the EU for decades you can certainly understand the fear about losing this particular contributor to the gravy train. You can even understand that there might need to be some payments to complete some schemes that still make sense to all involved and can be agreed to continue beyond the duration of full EU membership expiring. However to imagine that the recipient of such huge investment over so many decades should be given a huge bill as a parting gift is surely spectacularly misjudged. Far from accepting any ‘bill’ we should be awaiting an offer to repay the capital investment made by the UK that we will no longer be able to enjoy in the long run.

What sense is there in being so keen on a deal with Canada but so dead set against the idea of trying to work with what will be your biggest single market once they leave your club. The lesson will be learned one way or another. It might be bitter or sweet but whichever way they take it the EU will get the worse of it. Hopefully they see sense and both sides are able to make a success of Brexit. Only time will tell.