Tradelines News

Get the latest news and updates on cross-border customs and international trade.

Canada Wants ‘Progressive’ Trade Deal with U.S., Mexico, Freeland Says


(Tonda MacCharles & Bruce Campion-Smith – Toronto Star)

Canada’s trade pact with the United States and Mexico has been an “extraordinary success” but unless action is taken to better spread the economic benefits, Canadians will lose faith in free trade and globalization, Foreign Affairs Minister Chrystia Freeland says.

Freeland used a Monday morning speech to lay out the broad strokes of Canada’s objectives going into negotiations for a new North American Free Trade Agreement.

She gave a strong defence of the need for free trade and a modernized agreement but delivered a strong warning that unless deliberate steps are taken to better spread the economic wealth of improved trade, divisions will grow in Canadian society.

“There are too many communities in our prosperous nation where people do not feel prosperous — where they instead feel left behind by an economy that is increasingly divided between the wealthy one per cent at the very top, and everyone else,” Freeland said, according to a prepared text of her remarks. Click here to read more.

Related: