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Business & Technology

Canada Says 'Full Speed Ahead' Ratifying New North American Trade Pact

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Canada Says 'Full Speed Ahead' Ratifying New North American Trade Pact

2019-05-18 19:45:351 Oct 2018 01:53 AM EST

According to a report by Reuters, on Saturday, Foreign Minister Chrystia Freeland said that Canada will move quickly to ratify the new North American trade pact, just one day after the United States agreed to lift tariffs on Canadian steel and aluminum. Reuters reports that the tariffs on metal had been a major irritant for Canada and Mexico and had caused progress on ratifying the new US-Mexico-Canada Agreement that was signed last year to replace the 25 year-old NAFTA deal. Freeland said in an interview broadcast by CBC radio, “We were very clear that as long as the 232 tariffs were there it would be very, very hard for us to ratify the new NAFTA, and that is why we did not table the legislation."

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