Cusma

Canada’s unions call on government to fight U.S. tariffs

Retrieved on: 
Thursday, August 6, 2020

The Canadian government must provide support to affected workers while they work out this dispute.

Key Points: 
  • The Canadian government must provide support to affected workers while they work out this dispute.
  • The United States previously imposed tariffs on Canadian aluminum and steel before the ratification of the Canada-U.S.-Mexico Agreement (CUSMA).
  • Canadas unions fought for over a year to have them removed.
  • The federal government has to continue to forcefully stand up for Canadian workers and industry and must counter these unfair tariffs.

FedEx Welcomes the U.S.-Mexico-Canada Agreement

Retrieved on: 
Wednesday, July 1, 2020

FedEx Corp. (NYSE: FDX) today recognizes the entry into force of the U.S.-Mexico-Canada Agreement (USMCA/T-MEC/CUSMA).

Key Points: 
  • FedEx Corp. (NYSE: FDX) today recognizes the entry into force of the U.S.-Mexico-Canada Agreement (USMCA/T-MEC/CUSMA).
  • View the full release here: https://www.businesswire.com/news/home/20200701005331/en/
    FedEx Welcomes the U.S.-Mexico-Canada Agreement (Photo: Business Wire)
    At FedEx, trade is our business, and expanding global trade is essential to our customers, our workers and our company.
  • USMCA replaces the twenty-six-year-old North American Free Trade Agreement (NAFTA), helping to streamline trade across the North American market, which is of critical importance to FedEx and our customers.
  • The agreement is recognized in Mexico as the Tratado entre Mexico, Estados Unidos y Canada (T-MEC) and in Canada as the Canada-United States-Mexico Agreement (CUSMA).

North American Fertilizer Industry Supports CUSMA Deal

Retrieved on: 
Wednesday, December 11, 2019

OTTAWA, Dec. 11, 2019 /CNW/ -Fertilizer Canada and The Fertilizer Institute (TFI) welcome Tuesday's announcement of a bipartisan agreement on the Canada-United States-Mexico Agreement (CUSMA).

Key Points: 
  • OTTAWA, Dec. 11, 2019 /CNW/ -Fertilizer Canada and The Fertilizer Institute (TFI) welcome Tuesday's announcement of a bipartisan agreement on the Canada-United States-Mexico Agreement (CUSMA).
  • This agreement, once ratified, will protect the interests of farm customers across North America who depend on cost-effective fertilizer products through an integrated supply chain within Canadian, American and Mexican markets.
  • "Canada's fertilizer industry has benefitted from the stability and certainty of trade agreements," said Garth Whyte, President and CEO of Fertilizer Canada.
  • As the unified voice of the Canadian fertilizer industry, Fertilizer Canada works to promote the safe, responsible, and sustainable distribution and use of fertilizer.

Unifor encouraged by CUSMA improvements

Retrieved on: 
Tuesday, December 10, 2019

TORONTO, Dec. 10, 2019 /CNW/ -Unifor is encouraged by announced amendments to the CUSMA, which clear the path to ratification of a deal to replace the damaging NAFTA trade agreement.

Key Points: 
  • TORONTO, Dec. 10, 2019 /CNW/ -Unifor is encouraged by announced amendments to the CUSMA, which clear the path to ratification of a deal to replace the damaging NAFTA trade agreement.
  • "The new CUSMA, while far from perfect, provides a road map to implement necessary changes in trade policy to benefit workers.
  • Representatives from the United States, Mexico, and Canada signed the amended CUSMA today in Mexico City, following months of negotiation.
  • Unifor is disappointed that CUSMA also fails to address punitive tariffs imposed on Canadian softwood, which have left entire communities struggling as the industry awaits international tribunal rulings.

CVMA Applauds CUSMA Agreement Announcement

Retrieved on: 
Tuesday, December 10, 2019

TORONTO, Dec. 10, 2019 /CNW/ - Canadian Vehicle Manufacturers' Association President, Mark A. Nantais issued the following statement:

Key Points: 
  • TORONTO, Dec. 10, 2019 /CNW/ - Canadian Vehicle Manufacturers' Association President, Mark A. Nantais issued the following statement:
    The members of the Canadian Vehicle Manufacturers' Association (CVMA) applaud the agreement reached today between Canada, the United States and Mexico regarding targeted revisions to the CUSMA and will look forward to learning more as details become available.
  • "This is a vital trade agreement for Canada, and its domestic automotive manufacturing industry, as it brings greater certainty regarding North American trade rules," stated Mark Nantais, CVMA President.
  • Its membership includes FCA Canada Inc.; Ford Motor Company of Canada, Limited and General Motors of Canada Company.
  • Collectively its members operate 5 vehicle assembly plants as well as engine and components plants, and have over 1,300 dealerships.

Minister Hajdu to travel to Mexico City to meet with Mexico's Secretary of Labour and Social Welfare, Luisa María Alcalde

Retrieved on: 
Wednesday, July 31, 2019

GATINEAU, QC, July 31, 2019 /CNW/ - Tomorrow, the Honourable Patty Hajdu, Minister of Employment, Workforce Development and Labour, will travel to Mexico City, Mexico to meet with Luisa Mara Alcalde, Mexico's Secretary of Labour and Social Welfare.

Key Points: 
  • GATINEAU, QC, July 31, 2019 /CNW/ - Tomorrow, the Honourable Patty Hajdu, Minister of Employment, Workforce Development and Labour, will travel to Mexico City, Mexico to meet with Luisa Mara Alcalde, Mexico's Secretary of Labour and Social Welfare.
  • They will discuss ways that Canada can support Mexico's efforts to implement the new NAFTA's labour protections and standards.
  • This is part of Canada's ongoing commitment to help improve labour standards and working conditions in Canada and Mexico, through the Canada-United States-Mexico Agreement (CUSMA) labour chapter.
  • The CUSMA labour chapter includes new provisions to prohibit the importation of goods produced by forced labour, address violence against workers exercising their labour rights and ensure that migrant workers are protected under labour laws.

CVMA Welcomes Announcement of an Agreement to Address North American Steel and Aluminum Tariffs

Retrieved on: 
Friday, May 17, 2019

TORONTO, May 17, 2019 /CNW/ - Canadian Vehicle Manufacturers' Association President, Mark A. Nantais issued the following statement:

Key Points: 
  • TORONTO, May 17, 2019 /CNW/ - Canadian Vehicle Manufacturers' Association President, Mark A. Nantais issued the following statement:
    The members of the Canadian Vehicle Manufacturers' Association (CVMA) greatly appreciate the perseverance of the Canadian government and its partners to reach an agreement to address steel and aluminum tariffs.
  • Resolving this trade issue is very important to support the competitiveness of the Canadian automotive manufacturing industry and its suppliers.
  • We are hopeful it will also encourage continued progress towards approval of the Canada-U.S.-Mexico Agreement (CUSMA).
  • Today's announcement is a positive step forward and we will look forward to learning more about the details as they become available.

CUSMA brings relief but trade worries persist: EDC survey

Retrieved on: 
Tuesday, December 18, 2018

"There was a lot of excitement going into the last TCI survey," said Peter Hall, Chief Economist, EDC.

Key Points: 
  • "There was a lot of excitement going into the last TCI survey," said Peter Hall, Chief Economist, EDC.
  • Even with the CUSMA deal in the works, trade turbulence elsewhere seems to have undercut the overall feel-good factor.
  • Thirty-four per cent of survey respondents said they were negatively impacted by the on-going steel and aluminum tariffs that are affecting Canada-U.S. trade.
  • As a financial Crown corporation, EDC provides financing, insurance, bonding, trade knowledge, and matchmaking connections to help Canadian companies sell and invest abroad.

The Government of Canada partners with provinces and territories to invest in Canada's fish and seafood sector

Retrieved on: 
Wednesday, December 5, 2018

Canada and the provinces and territories are expanding markets, building on Canada's strong international brand and growing trade opportunities under the CUSMA, CETA, CPTPP trade agreements.

Key Points: 
  • Canada and the provinces and territories are expanding markets, building on Canada's strong international brand and growing trade opportunities under the CUSMA, CETA, CPTPP trade agreements.
  • The fund will enable provinces and territories to support their industries' priority projects and help Canadians working in the fish and seafood sector by creating jobs and developing more opportunities for Canadian products.
  • The $42.85 million program will support the fish and seafood sectors in all participating provinces and territories by encouraging industry collaboration to promote high quality products.
  • "There is little doubt that Canada is recognized the world over for our sustainably-sourced, high quality fish and seafood.