OTTAWA — Canada, the U.S. and Mexico will not extend the continental free trade pact for another 16-year term and instead will only secure the North American free trade market for the remaining decade while subjecting it to annual reviews.
The decision at the behest of the U.S. was confirmed during a virtual meeting Wednesday between U.S. Trade Representative Jamieson Greer, Canada-U.S. Trade Minister Dominic LeBlanc, and Mexico’s Secretary of the Economy Marcelo Ebrard, thousands of kilometres apart.
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