Canada launches public consultations on the Canada-United States-Mexico Agreement (CUSMA)
The federal government announced the launch of public consultations on the operation of CUSMA. This marks the Government of Canada’s second formal public consultation on the agreement, following an initial round held in 2024.
CUSMA News
The consultations will provide Canadians with an opportunity to share their views on the agreement. The feedback from these consultations will inform Canada’s preparations for the first joint review of the agreement.
Participants will be able to submit their comments from September 20th, 2025 until November 3rd, 2025
Quick Facts
- CUSMA entered into force on July 1, 2020.
- CUSMA comprises the world’s second free trade region, enhancing economic growth and elevating living standards across Canada, the United States and Mexico.
- Canada and the United States share the world’s most comprehensive trading relationship, reaching Can$3.6 billion worth of goods and services crossing the border each day in 2024.
- The United States ranked as the largest investor country of foreign direct investment (FDI) stock in Canada in 2024, representing 51% of FDI stock. The United States ranked as the largest recipient country of Canadian Direct Investment Abroad (CDIA) stock in 2024, receiving 52% of CDIA stock (based on Invest in Canada).
- In 2024, Canadian firms contributed US$12 billion in capital investment in the United States, further reinforcing Canada’s role as a key economic partner.
- In 2024, U.S. FDI in Canada stood at $763 billion, while Canadian foreign direct investment in the United State was $1.3 trillion. Over half of Canada’s direct investment abroad goes to the United States, supporting job creation and economic growth in communities both small and large.
- In 2024, Canada and Mexico engaged in nearly $56 billion in 2-way merchandise trade, with Canadian direct investment in Mexico reaching $46.4 billion, making it Canada’s ninth-largest direct investment destination.
Official Announcement
Full News Release: CUSMA News