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Trudeau looks to begin ratification of USMCA Jan. 29

Don Horne   

News

The Canadian government will unveil legislation to ratify the United States-Mexico-Canada trade deal on Jan. 29, Prime Minister Justin Trudeau said on Tuesday.
Speaking to reporters ahead of parliament’s return on Monday, Trudeau said Canada would immediately move forward on ratifying the trilateral trade pact, known as USMCA, with the United States and Mexico.
“Passing the new NAFTA in parliament is our priority,” Trudeau told Reuters while flanked by members of his cabinet following a three-day retreat. He noted millions of Canadians depend on stable, reliable trade.
Canada is the last country to ratify the revamp of the 26-year-old North American Free Trade Agreement (NAFTA) that includes tougher rules on labor and automotive content. The deal cannot take effect until it has been ratified by all three member nations.
The United States Senate overwhelmingly approved the legislation to implement the USMCA on a 89-10 bipartisan vote last week, sending the measure to U.S. President Donald Trump for him to sign into law.
(Reuters)


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