Canada hedging toward Asia amid NAFTA uncertainty - News Summed Up

Canada hedging toward Asia amid NAFTA uncertainty


As tensions linger in the NAFTA talks, Canada is talking about a free trade agreement with China. A while ago, Trudeau pushed free trade among Asia Pacific economies, while expecting changes in APEC countries’ labor laws, gender equity policies and environmental commitments. US direct investment in Canada is some $306 billion, while Canada’s investment in the US is almost $370 billion. The outcome of the NAFTA talks is thus far more important to Canada than to the US. In Mexico, tight elections in mid-2018 will complicate the NAFTA talks; in Canada, conservatives are positioning for the 2019 elections.


Source: Manila Times December 17, 2017 16:41 UTC



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