usmca

The USMCA will do nothing but harm Canada’s trade and independence

Written by: Kelly Grounds, Peak Associate After months of uncertainty regarding the North American Free Trade Agreement (NAFTA), we learned this past week that it is officially dead, and will be replaced with the United States Mexico Canada Agreement (USMCA). Essentially, NAFTA 2.0, but with several new challenges for Canada’s economy and international trade. NAFTA was in place for 24 years with few significant problems, so why the change? In short, because U.S. President Donald Trump wanted it. One of his campaign promises was that he would kill NAFTA, citing it as one of the “worst trade deals” in U.S.…

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