Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what assessment his Department has made of the effect a Canadian-style trade deal with the EU will have on the UK economy compared to the current arrangement the UK has with the EU as part of being a Member State of the EU, Customs Union and single market.

The Government has undertaken a significant amount of work to assess the economic impacts of leaving the EU. This is part of our continued programme of rigorous and extensive analytical work on a range of scenarios on a sector by sector basis.

The Prime Minister has ‎made clear however that the UK aims to agree an ambitious and comprehensive economic partnership with the EU that is of far greater scope and ambition than any existing free trade agreement.