Canada approves North American trade deal, suspends parliament over coronavirus
OTTAWA: Canadian lawmakers hastily approved a North American free trade deal Friday before announcing parliament would be suspended until late April over concerns about the new coronavirus.
Lawmakers cut short debate to move to a vote on the Canada-United States-Mexico Agreement -- known in the United States as USMCA -- which was unanimously approved.
Shortly afterward, the Senate also approved the pact in a fast-tracked vote, Deputy Prime Minister Chrystia Freeland told a news conference in Ottawa, calling its approval by both the lower and upper houses of parliament "a positive milestone for Canada." Already approved by the US and Mexico, the trade deal will now only need the signature of Governor General Julie Payette, the representative in Canada of Queen Elizabeth II, to be fully ratified.
The pact replaces the 1994 North American Free Trade Agreement (NAFTA) and binds nearly half a billion consumers in a single market. US President Donald Trump had forced Canada and Mexico to the negotiating table in August 2017 to rejig an agreement he derided as "the worst trade deal ever made," claiming it led to a shifting of US auto industry jobs to Mexico, where labor costs are cheaper.
At the end of marathon talks, the USMCA was signed by the three parties in November 2018, on the sidelines of a G20 summit in Buenos Aires. But US Democrats, holding a majority in the House of Representatives, later demanded changes to the deal before ultimately giving their nod in
-
Andrew Mountbatten-Windsor's Silent Support From The Royal Family Revealed -
US Allows 30-Day Sale Of Iran Oil In Bid To Curb Rising Global Energy Prices -
Nicholas Brendon ‘Buffy The Vampire Slayer’ Star Last Video Sends Chills -
AI Gone Wrong? Meta Investigates Internal Data Exposure -
BLACKPINK Rose Reveals One Skill She Hasn’t ‘mastered’ -
NASA Artemis II Gets New Launch Timeline -
Joel Dommett Takes A Dig At Meghan Markle’s Comment On Prince Harry -
Barry Keoghan Considers Drastic Decision Due To ‘nasty’ Haters -
Prince Harry Pal Steps Up For His And Meghan's Security In UK -
‘Buffy The Vampire Slayer’ Star Nicholas Brendon Breathes His Last -
Pinterest Considers Social Media Restrictions For Under-16s Following Australia’s Ban Over Child Safety Concerns -
Why 'Bachelorette' Star Rachel Lindsay Declares Franchise 'over' After Taylor Frankie Controversy? -
Reese Witherspoon Confesses She 'had No Idea' What She Was Doing -
Morgan Evens Gets Real About 'awful' Divorce From Kelsea Ballerini: 'Wouldn't Wish It Upon Anyone' -
Taylor Frankie Paul Faces Son Custody Blow Amid Dakota Mortensen Assault Investigation -
Paris Hilton's Husband Carter Reum Breaks Silence After Clip Sparks Marriage Speculation: 'It's Not That Deep'