Canada ratifies USMCA trade deal, replacing NAFTA

The Canadian Parliament on Friday ratified the U.S.-Mexico-Canada Agreement on trade, making Canada the third and final country needed to make the trade pact official and replace the 1993 North American Free Trade Agreement.

The USMCA had faced opposition in the Canadian Parliament and became stuck in a committee for several weeks. That delayed the adoption of the deal for two months after the United States ratified it and even held a signing ceremony. Mexico approved the deal last year.

"Now that the USMCA has been approved by all three countries, a historic new chapter for North American trade has begun," said U.S. Trade Representative Robert Lighthizer.

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