The election of Donald Trump has pushed renegotiation of the North American Free Trade Agreement to the top of the list of Canada’s trade priorities. This report provides recommendations on what Canada should seek to achieve.
NAFTA 2.0 and Canada: Upgrading a 20th Century Deal for a 21st Century World
NAFTA 2.0 and Canada: Upgrading a 20th Century Deal for a 21st Century World
Canadian Economic Analysis
Global Economic Analysis
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Canada faces a balancing act between defending existing market access outlined in NAFTA as it exists now and updating the agreement to meet the requirements of a 21st-century economy.
This report recommends five broad objectives for Canada as it sets out to renegotiate NAFTA:
- Adopt a transparent, trilateral approach.
- Facilitate cross-border mobility of business people.
- Maintain and enhance access for goods
- Encourage innovation and digital trade while protecting intellectual property and culture.
- Modernize the agreement to today’s business realities and standards.
In each area, we make specific recommendations to advance Canada’s interests.
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