On 22 August 2020, the Canadian Statement on Implementation of the Canada-United States-Mexico Agreement was published in the Canada Gazette, Part 1. The Statement sets out Canada’s interpretation of the CUSMA (which is called the USMCA by the United States and the T-MEC by Mexico). Its objective is to explain the basic rights and obligations in the CUSMA… Continue reading Canada Publishes Its Interpretation of the CUSMA (USMCA)
After more then twenty-five years, the highly successful North American Free Trade Agreement (NAFTA) will enter into retirement on July 1st, 2020, as it is replaced and superseded by the new regional trade agreement between Canada, Mexico, and the United States. The NAFTA has been an important source of stability and opportunity for businesses throughout North America, establishing a system… Continue reading Farewell to the NAFTA and Welcome to the USMCA/CUSMA/T-MEC
On July 1st, 2020, the new North American free trade agreement will enter into force. The new agreement is referred to as the “USMCA” in the United States (i.e., the United States-Canada-Mexico Agreement), the “CUSMA” in Canada (i.e., Canada, United States and Mexico Agreement), and the “T-MEC” in Mexico (i.e., Tratado entre México, Estados Unidos y Canadá). In… Continue reading Canada’s Implementation of the Regulatory Infrastructure for the New North…
On Friday 13th March 2020, the Canadian Parliament passed Bill C-100, granting royal assent to “An Act to implement the Agreement between Canada, the United States of America and the United Mexican States” (the “CUSMA Implementation Act”). The legislative process was completed on a highly expedited basis, much earlier than expected, before Canada’s Parliament adjourned itself for a… Continue reading Canadian Parliament Passes Legislation to Implement the CUSMA
At midnight Central European Time on Friday 31st January 2020, the United Kingdom will formally withdraw from the European Union. At the same time, the UK-EU Withdrawal Agreement, which was passed into UK law as the European Union (Withdrawal Agreement) Act 2020 on Thursday 23rd January and approved by the European Union on Wednesday 29th January, will enter into… Continue reading The United Kingdom’s Withdrawal Agreement with the European Union Enters…
On Tuesday 10th December 2019, representatives of Canada, the United States, and Mexico signed a “Protocol of Amendment to the Agreement between Canada, the United States of America, and the United Mexican States” (the Protocol) in Mexico City. As its name suggests, the Protocol serves to amend certain provisions in the text of the Canada, United States,… Continue reading CUSMA Protocol Signed in Mexico City, Paving the Way for…
On 25th November 2019, Global Affairs Canada announced the commencement of public consultations concerning how the final safeguard measures on imports of heavy steel plate and stainless steel wire should be administered after 31st January 2020. The final safeguard measures have been imposed in the form of tariff rate quotas (TRQs) on imports of these products since… Continue reading Global Affairs Canada Opens Public Consultations Concerning How Steel Safeguard…
The modernized Canada-Israel Free Trade Agreement (CIFTA) entered into force today (1st September 2019). Compared to the original text of the CIFTA, which entered into force in 1997, the modernized CIFTA updates the provisions relating to trade in goods (including the rules of origin) and also adds new chapters focusing on trade facilitation, technical barriers to trade, sanitary and… Continue reading Modernized Canada-Israel Free Trade Agreement (CIFTA) Enters into Force
On 21 August 2019, the regulations implementing the modernized CIFTA were published in the Canada Gazette, Part II. The Regulations are the final step in Canada’s implementation of the modernized agreement. The CIFTA Rules of Origin Regulations repeal and replace the previous regulations and implement the modernized rules of origin that will now be used to determine when… Continue reading Modernized Canada-Israel Free Trade Agreement (CIFTA) Implemented and Ready to…
On Wednesday 29th May 2019, the Honourable Chrystia Freeland, Canada’s Minister of Foreign Affairs, presented a “ways and means” motion to the House of Commons that paved the way for Prime Minister Justin Trudeau to introduce Bill C-100, “An Act to implement the Agreement between Canada, the United States of America and the United Mexican States” (the “CUSMA Implementation Act”),… Continue reading Legislation to Implement the CUSMA / USMCA / T-MEC Introduced…
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