Mexico becomes first country to ratify USMCA deal

Reading Time: 2 minutes Mexico City | Reuters — Mexico on Wednesday became the first country to ratify the United States-Mexico-Canada Agreement (USMCA) agreed late last year to replace the North American Free Trade Agreement (NAFTA) at the behest of U.S. President Donald Trump. By a vote of 114 in favour to four against, Mexico’s Senate backed the trade […] Read more

Mexico, Canada plow ahead on trade pact ratification despite Trump threats

Reading Time: 2 minutes Mexico City/Ottawa | Reuters — Mexico and Canada said on Friday they would proceed with plans to ratify a new continental trade pact despite a new threat from U.S. President Donald Trump that critics say could undermine chances of the treaty coming into force. Trump, whose administration has made passing the United States-Mexico-Canada (USMCA) free […] Read more

Canada moves to ratify USMCA ahead of Pence visit

Reading Time: 1 minute Ottawa | Reuters — The Canadian government formally presented draft legislation to ratify the new North American Trade deal to parliament on Wednesday, less than 24 hours ahead of a visit by U.S. Vice-President Mike Pence. Prime Minister Justin Trudeau presented the bill to the House of Commons, confirming a Reuters story from Tuesday that […] Read more




U.S. boosts trade pact’s outlook lifting tariffs on Canadian, Mexican metals

Reading Time: 3 minutes Washington/Ottawa | Reuters — The United States struck deals on Friday to lift tariffs on steel and aluminum imports from Canada and Mexico, the three governments said, removing a major obstacle to legislative approval of a new North American trade pact. The separate agreements, which will not impose U.S. quotas on Canadian and Mexican metals […] Read more

USMCA deal modestly boosts U.S. economy, trade panel finds

Reading Time: 4 minutes Washington | Reuters — The new North American free trade pact would modestly boost the U.S. economy, especially auto parts production, but may curb vehicle assembly and limit consumer choice in cars, a hotly anticipated analysis from the U.S. International Trade Commission showed on Thursday. The ITC report is a crucial step in the push […] Read more

CP conductors, engineers ratify four-year deal

Reading Time: 1 minute Conductors and engineers for Canadian Pacific Railway have voted for labour peace following a 33-hour strike in late May. CP’s 3,100-odd conductors and engineers, represented by the Teamsters Canada Rail Conference (TCRC), announced July 20 they have voted to ratify a four-year agreement. Almost 63 per cent of eligible employees cast electronic ballots in the […] Read more


Italy in no rush to reject EU-Canada trade deal

Reading Time: 2 minutes Brussels | Reuters — Italy is in no hurry to bring the European Union’s free trade agreement with Canada to a parliamentary vote, its farm minister said on Monday, suggesting its opposition to the deal may be easing. Ministers of the eurosceptic 5-Star/League government have said Italy would not ratify CETA (the Comprehensive Economic and […] Read more

Italy says it won’t ratify EU-Canada trade deal

Reading Time: 3 minutes Rome | Reuters — Italy will not ratify the European Union’s free trade agreement with Canada, Deputy Prime Minister Luigi Di Maio said on Friday, although Canadian officials played down the threat to the accord, which mostly took effect last year. “Soon CETA (the Comprehensive Economic and Trade Agreement) will arrive in parliament and this […] Read more