Canada revives U.S. trade forum ahead of Biden-Trump poll rematch
BNN Bloomberg
Canada is rebooting an official forum to smooth its $3.4-billion-a-day (US$2.5 billion) trading relationship with the U.S. ahead of the “unpredictability” Prime Minister Justin Trudeau sees with a potential return of Donald Trump.
A meeting to gather Canadian business input for the Canada-United States Regulatory Cooperation Council, held on Tuesday in British Columbia, marks the revival of activity for a cross-border forum that last met in September 2019, according to Canadian Treasury Board President Anita Anand.
She’ll be holding more meetings across Canada to canvass ideas to remove barriers from one of the world’s busiest trading borders. In 2022, Canada was the U.S.’s biggest purchaser of export goods, while the U.S. represented two-thirds of Canada’s global trade.
“It’s useful because we prefer that issues don’t elevate to the area of a trade dispute,” Anand said in an interview with Bloomberg. “I’m going to be working with other ministries and other ministers to bring to their attention the issues that I’ve heard.”
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