Budget 2024

Tax and spend fiscal plan will inhibit growth

The Business Council of Canada congratulates Prime Minister Justin Trudeau, his Cabinet and his team of negotiators on achieving a successful outcome in the North American trade negotiations.

By modernizing NAFTA and maintaining its trilateral structure, the agreement has the potential to enhance Canadian and North American competitiveness for many years to come. The agreement provides much-needed certainty and clarity for investors in all three countries, enabling companies to move forward with job-creating projects and expansion plans. We hope and expect that the Government of Canada and the US Administration will continue talks aimed at lifting the illegitimate tariffs on Canadian steel and aluminum exports, to the serious detriment of producers, manufacturers and consumers.

We urge legislators in all three countries to act swiftly to implement this critical agreement.