The Greater Summerside Chamber of Commerce, along with the Canadian Chamber of Commerce, welcomes the United States-Mexico-Canada Agreement (USMCA), describing it as a relief for our Chamber members who have been searching for much-needed clarity and predictability in the relationship with Canada’s NAFTA partners.

The Chamber will look closely at how the agreement treats specific sectors, including dairy and government procurement, how IP will be dealt with across several industries and evaluate the impacts of any changes to the de minimis level on domestic sales.

The Chamber congratulates Minister Freeland and Canada’s negotiating team for delivering a trilateral agreement, however, urges that moving forward, Canada is not solely dependent on one trading partner. We recommend that Canada must continue to diversify our markets to protect ourselves from capricious and unfair actions in the future.

The Honourable Perrin Beatty, President and CEO of the Canadian Chamber of Commerce, says “For Canada to prosper as a trading nation, we must overhaul our regulatory and taxation frameworks, which are suffocating the ability of our businesses to innovate, to compete for talent on the global stage, to deliver nation-building projects, and to attract foreign investment. We must also redouble our efforts to dismantle the remaining barriers to internal trade and mobility.

For now, the 200,000 businesses that comprise the Chamber’s network can breathe a little easier and return their focus to where it should be: serving their customers and providing jobs for their employees. The Chamber will continue to advocate on their behalf so that, together, we can build a Canada that wins.”
Posted in NEWS.