The Forest Products Association of Canada (FPAC) congratulates the federal government on the signing of the US-Mexico-Canada (USMCA) trade agreement today in Buenos Aires, Argentina.
In a news release today, Canada’s Minister of Foreign Affairs confirmed that a new agreement has been signed that will “support good, middle class jobs in Canada, strengthen economic ties between the three countries, and contribute to North America’s global competitiveness.”
Although ceremonial in nature, today’s event signals the beginning of the ratification process, which is needed to move the three countries toward a final agreement. FPAC applauds the Canadian government’s efforts to support economic certainty and prosperity. CEO Derek Nighbor also noted that: “A new agreement between Canada, US and Mexico will help protect and enhance the over 230,000 direct jobs the forest sector contributes to over 600 communities across the country.”
FPAC provides a voice for Canada’s wood, pulp, and paper producers nationally and internationally in government, trade, and environmental affairs. The $69-billion-a-year forest products industry represents 2% of Canada’s GDP and is one of Canada’s largest employers operating in more than 600 communities and providing 230,000 direct jobs across the country.
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