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“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Canada Needs a Framework for CUSMA Renewal Before It’s Too Late (C.D. Howe)


While trade diversification is imperative, Canada must move quickly to secure a trade and security framework with the United States and Mexico ahead of the formal Canada–United States–Mexico Agreement (CUSMA/USMCA) review, according to a new Communiqué from the C.D. Howe Institute’s Trade Crisis Working Group.

The group of trade and industry experts emphasized that Canada must push to conclude a new trade and security framework agreement being negotiated with the United States. 

Without such a framework deal, prospects for a renewal and extension of the CUSMA, and hence for maintaining as tariff-free trade as possible, are uncertain. Growing uncertainty around tariffs, they say, is already impacting production and investment confidence, and could have long-lasting negative economic consequences on both sides of the border ...

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