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Canada and US say trade deal is nearing completion

Canada and the United States say they are working to finalise a trade agreement, with Prime Minister Carney citing “significant progress” ahead of a weekend tariff deadline.

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Prime Minister Carney and Premier Lantz at the First Ministers' Meeting / Monsieur Carney, le premier ministre fédéral, et le premier ministre Lantz à la Réunion des premiers ministres
Prime Minister Carney and Premier Lantz at the First Ministers' Meeting / Monsieur Carney, le premier ministre fédéral, et le premier ministre Lantz à la Réunion des premiers ministres Canada's Premiers|PM des provinces et territoires

Canada and the United States say they are moving towards finalising a trade deal as negotiators work through the remaining issues before a new weekend tariff deadline.

Prime Minister Carney said there had been “significant progress” in the talks, signalling that both sides believe an agreement is within reach. The discussions come as the two countries seek to settle final terms before tariffs are due to become a renewed point of pressure.

The substance of the proposed deal remains unclear. The available information does not set out which sectors, products or tariff measures are being discussed, nor does it specify what concessions or commitments may form part of the final agreement.

The talks are significant because they involve two closely linked trading partners attempting to avoid or resolve tariff-related disruption. However, with the details still unresolved or undisclosed, the practical implications for businesses, consumers and cross-border trade cannot yet be assessed from the information available.

The latest known position is that Canada and the US are still working to complete the agreement before the weekend deadline. Further clarity is expected only once the final terms are confirmed or formally announced.

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Reported from BBC News
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