Canada has yet to sign the new three-way trade agreement between itself, United States and Mexico.

Lawmakers urged to pass CUSMA quickly

The bulk of concerns were raised by the dairy sector which is losing market share

An overwhelming majority of witnesses testifying to the Agriculture and Agri-Food Committee in Ottawa are supporting the quick ratification of the “new NAFTA” trade deal, but the dairy industry continues to voice its opposition. Parliamentarians in Ottawa represent the last of the three countries involved in the Canada-U.S.-Mexico Agreement (CUSMA) to ratify the deal, with the law

A guest looks at their corn cob-themed tie signed by U.S. President Donald Trump during a signing ceremony for the Canada-U.S.-Mexico Agreement (CUSMA) on the South Lawn of the White House in Washington on Jan. 29, 2020. (Photo: Reuters/Leah Millis)

Trump signs CUSMA pact

Canada's ratification still to come

Washington | Reuters — President Donald Trump on Wednesday signed a new North American trade agreement during an outdoor ceremony at the White House attended by about 400 guests — but not the key Democrats who helped secure congressional passage of the deal. Trump, on trial in the U.S. Senate on charges of abusing power


Huawei chief financial officer Meng Wanzhou leaves B.C. Supreme Court on a lunch break during her extradition hearing in Vancouver on Jan. 22, 2020. (Photo: Reuters/Jennifer Gauthier)

Improving global ag trade may not favour Canada

MarketsFarm — When it comes to improving global trade relations, a rising tide may not lift all boats. In the recently-signed Phase One trade deal between the U.S. and China, Beijing pledged to significantly increase Chinese purchases of U.S. soybeans and other agriculture goods. “Where does that leave room for Canada, given the demand side

CBOT March 2020 corn with Bollinger (20,2) bands. (Barchart)

CBOT weekly outlook: Corn set to rally

MarketsFarm — Corn futures on the Chicago Board of Trade may be due for a rally. The March corn contract hit $3.92 per bushel three times earlier in the month, facing stiff resistance to break higher (all figures US$). Prices established lows last week, around $3.7525. “I would like to see resistance be taken to


Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

Trudeau wants CUSMA deal ratified quickly

Winnipeg | Reuters — Canadian Prime Minister Justin Trudeau on Tuesday urged legislators to quickly approve a new continental trade pact but the main opposition party said it wanted to study the deal, indicating the ratification process could drag on. Canada is the only one of the three signatories not to have formally blessed the

CBOT March 2020 corn with 20-, 50- and 100-day moving averages. (Barchart)

U.S. grains: Corn, soy to one-month lows

Chicago | Reuters –– U.S. corn and soybean futures hit one-month lows on Thursday and wheat futures followed amid doubts about whether China will make the purchases from the United States promised in a trade deal between the two countries, analysts said. Chicago Board of Trade March corn futures tumbled three per cent, settling down


Canada/U.S. border signage in downtown Detroit. (RiverNorthPhotography/Getty Images)

U.S. Senate passes CUSMA trade deal

Washington | Reuters — The U.S. Senate on Thursday approved a revamp of the 26-year-old North American Free Trade Agreement that includes tougher rules on labour and automotive content but leaves US$1.2 trillion in annual U.S.-Mexico-Canada trade flows largely unchanged. The legislation for the U.S.-Mexico-Canada Agreement (CUSMA) passed on an 89-10 bipartisan vote, sending the