Canadian Prime Minister Mark Carney is preparing to meet top business leaders and global investors as Ottawa gears up for the upcoming review period of the Canada-United States-Mexico Agreement (CUSMA), the trilateral trade pact that replaced NAFTA.
According to Canadian government officials and multiple international reports, Carney is expected to focus on strengthening investor confidence, boosting manufacturing partnerships, and reinforcing Canada’s role as a stable North American trade hub ahead of critical negotiations tied to the future of the agreement.
The meetings are reportedly aimed at reassuring major companies that Canada remains committed to trade stability despite rising economic uncertainty, global supply chain tensions, and political debates surrounding tariffs and industrial policies across North America.
CUSMA, which came into effect in 2020, includes a mandatory review process scheduled for 2026. The agreement governs hundreds of billions of dollars in annual trade between Canada, the United States, and Mexico. Analysts say the review could become a major political and economic issue, especially if disputes emerge over electric vehicles, energy policies, agriculture, and manufacturing rules.
Carney is also expected to emphasize Canada’s push to attract investment in artificial intelligence, clean energy, critical minerals, and advanced manufacturing sectors. Officials believe these industries could play a major role in future North American economic cooperation.
Business groups in Canada have warned that uncertainty surrounding the trade pact could impact long-term investment decisions, particularly in the automotive and export sectors that rely heavily on cross-border supply chains.
US political developments are also being closely watched. With Washington entering another heated election cycle, concerns remain over possible changes to trade policy depending on the outcome of future US leadership decisions.
Economists say maintaining strong relations between Ottawa and Washington will be essential for regional economic stability, especially as competition with China and other global economies intensifies.