Oireachtas Joint and Select Committees

Wednesday, 26 May 2021

Joint Oireachtas Committee on European Union Affairs

Comprehensive Economic and Trade Agreement: Discussion with Tánaiste and Minister for Enterprise, Trade and Employment

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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It should not have any impact on the taxpayer unless a very the strange situation whereby a Canadian company can prove in court that it has been discriminated against by the Irish Government or one of its agencies. I do not see that arising. As I mentioned earlier, there is a potential very positive impact for the Irish taxpayer in that it is estimated that CETA will grow our GDP by approximately €600 million per annum, one-third of which will accrue to the Government in taxes, which is a benefit of approximately €250 million per annum.