broad range of clients worldwide achieve their business goals, streamline operations and realize cost savings. Uscib joined 107 other associations in a letter sent on August 8 to United States Trade Representative. Automobile exports has a growing and significant share of content from Canada and Mexico. Nafta has also contributed to enhancing Canadas attractiveness as a destination for foreign investment, while providing opportunities for Canadian businesses to invest south of the border. This would have more serious repercussions for Canadas capital markets and economy. If the FTA replaces it, then the impact would likely be a negligible as it is a similar agreement to nafta. Termination of nafta could also lead to decreased foreign investment in Canada, which would also impact SMBs.
Rich asset valuations raise the possibility of a financial market correction, which could dampen growth and confidence. There have now been six rounds of talks to renegotiate nafta, with the seventh round taking place February 25 to March. This could also potentially unravel the close and mutually beneficial economic relationship between Canada and the United States and provide further impetus for Canadians to look beyond the United States. Has been matched by promising momentum in Europe and Asia. Has proposed that Chapter 19 be scrapped entirely, a clear non-starter with Canadian officials.