U.S. House passes trade deal replacing NAFTA, but concerns remain in Canada
David Lawder, Reuters December 19, 2019 WASHINGTON — The U.S. House of Representatives on Thursday overwhelmingly approved a new North American trade deal that includes tougher labour and automotive content rules but leaves $1.2 trillion (all figures USD) in annual U.S.-Mexico-Canada trade flows largely unchanged. The House passed legislation to implement the U.S.-Mexico Canada Agreement […]
Delayed USMCA ratification would be ‘really big problem,’ warns parts association
The Canadian Press, Automotive News Canada December 13, 2019 The head of Canada’s parts suppliers association is warning the federal opposition parties that delaying ratification of the new North American free-trade pact would create “real acrimony” between Canada and the auto industry. “I would say if they did that, they are inviting a big backlash […]
NDP says position unchanged on renegotiation for new NAFTA, despite saying improvements ‘can and should be made to this deal’
Neil Moss, The Hill Times October 7, 2019 The NDP will wait to see what changes are made by U.S. House Democrats to the new NAFTA before deciding whether they will vote to implement it in the next Parliament, says its most recent international trade critic. “We will have a full debate in the next […]
Where Canada’s political parties stand on the country’s auto industry
John Irwin, Automotive News Canada October 07, 2019 A tight race between the Liberals and Conservatives in the Oct. 21 general election leaves auto-related policy in limbo, just as the industry grapples with production cuts and falling new-vehicle sales. While industry executives say they’re confident party leaders understand the sector’s importance to Canada’s economy, the […]
Take my NAFTA, please: As Pelosi riffs, questions abound on fate of trade deal
James McCarten The Canadian Press – December 12, 2018 WASHINGTON — North of the border, Canada’s hard-won free-trade deal with the United States and Mexico is considered a matter of existential importance, heavy with implications for workers, businesses and governments of all political stripes. For Nancy Pelosi, it’s a punchline. The California Democrat has been […]