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Economic growth and certainty ‘held hostage’ as CUSMA renewal deadline arrives

Published July 8, 2026 at 1:13 PM UTC

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As the deadline for renewing the Canada-United States-Mexico Agreement (CUSMA) approaches, Canadian industries are facing increasing uncertainty. The looming deadline has raised concerns about potential tariffs and trade disruptions that could adversely affect sectors such as agriculture, manufacturing, and technology. Industry leaders are urging the Canadian government to engage in proactive negotiations to secure favorable terms and maintain market access. The uncertainty surrounding the renewal has also led to apprehension among investors, potentially impacting economic growth and stability. Stakeholders emphasize the need for clear communication and strategic planning to navigate the challenges posed by the impending deadline.