Canada’s dairy processors to lose $100M if USMCA takes effect in July: Plett
WASHINGTON — A Conservative senator says Canada’s dairy processing industry stands to lose about $100 million if the new trade agreement with the United States and Mexico goes into effect July 1.
Sen. Don Plett, the Opposition leader in the Senate, says Conservatives in the upper chamber agreed to fast-track implementing the U.S.-Mexico-Canada Agreement only after the federal government promised it wouldn’t take effect until August.
But U.S. Trade Representative Robert Lighthizer served notice late last week that all three countries had now completed their necessary domestic work, clearing the way for the agreement to become the law of the land on Canada Day.
Federal officials, however, are disputing Plett’s assertion that the government promised an Aug. 1 implementation date.