Tag: trade

Prime Minister of Canada welcomes new United States-Mexico-Canada Agreement

The Prime Minister, Justin Trudeau, yesterday welcomed an agreement-in-principle between Canada, the United States, and Mexico on a modernized trade agreement – the United States-Mexico-Canada Agreement (USMCA) – that will create good, well‑paying, middle class jobs, strengthen economic ties, and expand Canada’s trade in North America.
Following more than a year of negotiations, the three countries have reached understandings in key areas, including rules of origin for automotive manufacturing, agriculture, labour, intellectual property rights, culture, and dispute settlement.

Further, Canada has ensured that any US Section 232 tariffs will not impact Canadian auto and auto parts exports. Canada has successfully preserved key elements of the original NAFTA, while building on the agreement to expand opportunity and improve protections for workers across North America. The resulting agreement offers crucial predictability and stability for Canadian businesses, investors, traders, workers, and innovators.

Throughout the negotiations, Canada’s approach has been constructive. Negotiating objectives remained clear: defend Canadians’ interests, uphold Canadian values, and fight for Canadian jobs and living standards within an agreement that is mutually beneficial for all three countries.

When implemented, the USMCA will help Canadians compete globally and prosper in a healthy, integrated North American economy. The Government of Canada will continue to engage with North American partners to finalize the details of an agreement that benefits all Canadians. Continue reading “Prime Minister of Canada welcomes new United States-Mexico-Canada Agreement”

Prime Minister concludes visit to the United States

The Prime Minister, Justin Trudeau, today concluded his visit to Chicago, San Francisco, and Los Angeles. During his visit, the Prime Minister met with several political and business leaders to underscore the importance of the Canada-US relationship, and create more opportunities for Canada’s middle class.

In Chicago, the Prime Minister met with Illinois Governor Bruce Rauner and Mayor of Chicago Rahm Emanuel to discuss the importance of the North American Free Trade Agreement (NAFTA), as well as climate change, cross border tourism, and the energy sector. He also spoke to students at the University of Chicago Institute of Politics, where he stressed the importance of civic duty, youth engagement, gender equality, and multiculturalism.

In San Francisco, Prime Minister Trudeau met with global business leaders to promote Canada as one of the best places to invest. He met with Chief Executive Officer of Salesforce Marc Benioff, who announced that his company would invest US$2 billion over the next five years in Canada. This investment will expand Salesforce’s client relationship management services and lead to the creation of thousands of good, middle class jobs. The Prime Minister also met with AppDirect President and Chief Executive Officer Daniel Saks, who announced that he would create 300 new jobs and expand the company’s footprint in Canada.

The Prime Minister also held meetings with Amazon Chief Executive Officer Jeff Bezos, AMGen Chairman and Chief Executive Officer Robert Bradway, and eBay President and Chief Executive Officer Devin Wenig. Continue reading “Prime Minister concludes visit to the United States”

“Canada and India share a special bond”-Rt. Hon. Justin Trudeau, Prime Minister of Canada

 The Prime Minister, Justin Trudeau, has announced that he will travel to India – at the invitation of Prime Minister Narendra Modi – for a state visit from February 17 to 23, 2018.

Canada and India enjoy a special relationship that is based on a common language, similar institutions and forms of government, and a commitment to democracy. India is one of the fastest growing economies in the world, and offers tremendous opportunities to grow Canada’s middle class and bolster our shared prosperity.

This state visit – which includes stops in Agra, Amritsar, Ahmedabad, Mumbai, and New Delhi – will provide an opportunity for Prime Minister Trudeau to connect with Indian leaders in government and business, promote the empowerment of women and girls, and strengthen Canada and India’s close economic ties.

During the visit, Prime Minister Trudeau and Prime Minister Modi will reaffirm the close friendship between our two countries, and discuss ways to create good middle class jobs for Canadians and Indians alike.

Prime Minister Trudeau will also participate in several business roundtables to promote further trade and investment between Canada and India. The Canadian delegation will also work closely with Indian leaders to advance mutual growth and prosperity. Continue reading ““Canada and India share a special bond”-Rt. Hon. Justin Trudeau, Prime Minister of Canada”