Tue, Mar 31, 2026 21:36 GMT
More
    HomeLive CommentsCanada kicks start process to ratify USMCA

    Canada kicks start process to ratify USMCA

    Canadian Foreign Minister Chrystia Freeland formally introduced a Ways and Means motion in the House of Commons yesterday, to kick start ratification process of USMCA. She noted the lifting of US steel and aluminum tariffs on Canadian imports, as announced on May 17, has paved the way for formal approval of the new North American trade agreement.

    However, Freeland also emphasized, “the entry into force of this agreement does not depend solely on Canada… Insofar as possible, we intend to move in tandem with the United States.” Prime Minister Justin Trudeau indicated last week he’s eager to ratify the deal. Freeland also said the government is “full steam ahead”. But She didn’t indicate whether the government would push to get it done before parliament goes into recess, in four weeks.

    ActionForex
    ActionForex
    ActionForex.com was set up back in 2004 with the aim to provide insightful analysis to forex traders, serving the trading community for two decades. We started providing only a daily and a mid-day report, now known as Action Insights. Gradually, we added a lot more in-house contents to the site. Technical Outlook section was expanded to cover more pairs. In addition to that, Top Movers, Heat Map, Pivot Point Charts and Pivot Meters, Action Bias and Volatility Charts, are tools used by traders from all over the world.

    Latest Analysis

    Learn Forex Trading