Today the Government of Canada announced that notification has been provided to the U.S. and Mexico indicating that the domestic process needed to ratify and implement the Canada-United States-Mexico (CUSMA) free trade agreement has been fully completed. Cereals Canada applauds the Government of Canada for its efforts in advancing this important agreement.
鈥淐anada鈥檚 leadership in finalizing CUSMA is taking place against the backdrop of significant uncertainty for Canadian citizens and businesses due to the impacts of COVID-19,鈥 stated Cam Dahl, President of Cereals Canada.
鈥淐anada is now the first CUSMA partner to provide formal notification of ratification. This is a key step towards enabling the agreement鈥檚 eventual entry into force, and we look forward to similar notification by the U.S. and Mexico,鈥 continued Dahl.
鈥淐USMA will support greater stability and opportunity in a time of significant social and economic strain across North America caused by the ongoing COVID-19 pandemic.聽 Resilience enabled by a strong and predictable trading environment is more important than ever鈥, said Dahl.
鈥淭he advancement of this agreement will support a predictable, progressive and modern framework for trade for the benefit of Canadian farmers and agri-food exporters. We are hopeful the agreement enters into force quickly, which will happen when the U.S. and Mexico provide formal notice of ratification. We call on these partners to move quickly in order to unlock the agreement鈥檚 benefits鈥 said Dahl.
鈥淭hroughout CUSMA negotiations, considerable leadership was demonstrated by Canadian Ministers and the Canadian trade negotiating team. Cereals Canada acknowledges the efforts of Minister Chrystia Freeland and Minister Marie-Claude Bibeau, who played a central role in promoting strong outcomes for Canadian agriculture in this deal鈥 he said.