The Canadian government officially called on the United States and Mexico this week to extend the Canada-United States-Mexico Agreement (CUSMA) for an additional 16-year term, marking a pivotal moment in North American trade diplomacy. As formal discussions ramp up ahead of the scheduled 2026 review, Ottawa is aiming to secure long-term investment certainty for regional industries while navigating shifting political landscapes in Washington and Mexico City.
The Context of the 2026 Review
CUSMA, known in the United States as the USMCA, was signed in 2020 to replace the North American Free Trade Agreement (NAFTA). A central feature of the deal is the mandatory
