Member of Parliament Pam Damoff welcomed Prime Minister Justin Trudeau to MetriCan in Oakville North-Burlington today to discuss the newly signed trilateral trade agreement officially known as the United States-Mexico-Canada Agreement (USMCA).
MetriCan, which has facilities in Canada, the United States and Mexico, is a significant, innovative player in the global automotive industry and leading supplier of tooling and stamped metal components.
“I am pleased to welcome Prime Minister Trudeau to my riding of Oakville North-Burlington today to meet with one of our community’s world-leading businesses and discuss the value of the new USMCA agreement to Canadian industry,” said MP Damoff.
On September 30, trade representatives from the U.S. and Canada reached a new trade agreement, salvaging a trilateral North American pact. In reaching the agreement, Prime Minister Trudeau said North American trade had been “preserved and modernized for the 21st century.” The agreement, which updates the 1994 North American Free Trade Agreement (NAFTA), promises to lead to freer, fairer markets, and to robust economic growth in all three countries. It still needs to be ratified by all three governments.
In a joint statement, Foreign Affairs Minister Chrystia Freeland and U.S. Trade Representative Robert Lighthizer said, “USMCA will give our workers, farmers, ranchers, and businesses a high-standard trade agreement that will result in freer markets, fairer trade and robust economic growth in our region. It will strengthen the middle class, and create good, well-paying jobs and new opportunities for the nearly half billion people who call North America home.”
The Prime Minister toured the stamping and welding floors of MetriCan’s Burlington facility and spoke to the owners and employees on site. “Canadians told us they wanted us to stand firm to protect good middle-class jobs like those here at MetriCan,” he told them. “The automobile and auto parts manufacturing industry remains a key driver of Canada’s economy. Thank you for showing me the important work you do here at MetriCan to ensure it remains so.”
“The USMCA is good for Canada’s economy,” said MP Damoff. “Canada has always had strong economic ties with the United States and Mexico. By strengthening the rules and procedures governing trade and investment, the agreement will provide a solid foundation for building Canada’s prosperity and demonstrates the benefits of open trade for the rest of the world.”