SMM News: the Canadian government will formally submit draft legislation to Congress on Wednesday local time to ratify a new North American trade agreement, a person familiar with the matter said Tuesday.
The Canadian government said last week that it would continue to push for the ratification of the US-Mexico-Canada agreement after the US government raised tariffs on Canadian steel and aluminium exports.
Yesterday, it was reported that the Trudeau government had taken a step towards ratifying the new NAFTA, and the Canadian Prime Minister Justin Trudeau's government had formally informed parliamentarians that it intended to introduce legislation to ratify the new NAFTA.
Foreign Affairs Secretary Krista Freeland (Chrystia Freeland) introduced a "fiscal legislation (ways and means)" bill in the House of Commons on Monday, the first step in Parliament's approval of the bill.
This procedure was carried out prior to the visit of Vice President Pence of the United States to Ottawa. Pence is scheduled to meet with Trudeau on Thursday to discuss advancing the agreement. President Donald Trump's administration last week decided to raise tariffs on steel and aluminum, clearing the main obstacles for members of Congress in the three countries to approve the U. S. plan to advance the new North American Free Trade Agreement (NAFTA).
Trudeau, who has an urgent factor, said last week that he was eager for Canada to ratify the agreement. The Canadian parliament is scheduled to recess during the summer recess four weeks later, leaving members of both houses of parliament with little time to study and vote on the agreement.
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