Canada’s new government is forging a new economic and security relationship with the United States. Prime Minister Carney has secured the best deal of any major U.S. trading partner – 85% of our trade with the United States remains tariff-free, the lowest average tariff rate in the world. As Canada approaches the Joint Review of the Canada-United States-Mexico Agreement (CUSMA), our aim is to preserve that unique Canadian advantage and to build on it.
To that end, the Prime Minister, Mark Carney, today announced the creation of the new Advisory Committee on Canada-U.S. Economic Relations. The committee will serve as a forum for expertise and strategy on all aspects of the Canada-U.S. economic relationship.
The Advisory Committee will include leaders from major sectors of the Canadian economy, representing extensive experience in business, investment, trade, and labour. It will be chaired by the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy, Dominic LeBlanc.
This article is available in its entirety on the PMO’s website.