Source: Canadian Cattlemen’s Association
Today, the Senate of Canada passed Bill C-4 to implement the Canada-United States-Mexico Agreement (CUSMA).
New Canadian Cattlemen’s Association (CCA) President Bob Lowe offered his congratulations to Deputy Prime Minister Chrystia Freeland and Minister of Small Business, Export Promotion and International Trade Mary Ng and all Parliamentarians for placing a high priority on ensuring that this important agreement moved quickly through the House of Commons and Senate.
“With the Parliamentary suspension due to the spread of COVID-19, Canadian beef producers are grateful to all Parliamentarians for working together to pass Bill C-4, known as CUSMA,” said Lowe. “Beef producers across North America will benefit from this agreement.”
Under both NAFTA and the Canada-United States-Mexico Agreement (CUSMA), the beef industries of Canada, the United States, and Mexico have and will enjoy reciprocal duty-free trade between our countries. Additionally, the new agreement includes a section highlighting the commitment to not disrupt trade through labelling.
Under NAFTA, Canadian beef exports to the US grew 340 per cent in total value from $532 million in 1995 to $2.3 billion in 2019. Similarly, beef exports to Mexico grew over 30-fold in value from $3.7 million in 1995 to $127 million in 2019.
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About the Canadian Cattlemen’s Association (CCA)
The CCA is the national voice for the Canadian beef industry. Today the beef industry, Canada’s largest agriculture sector, contributes $17.4 billion to GDP while generating 229,000 jobs. Canadian beef has one of the lowest greenhouse gas footprints in the world and beef producers are the primary stewards of Canada’s endangered grassland ecosystem. Learn more about the economic and environmental goals of the Canadian beef industry here.