U.S. midterms bring new sources of trade uncertainty for Canada

Experts says the Democrats’ majority victory in the House of Representatives means ratification

Canadians are inspecting the fresh U.S. political landscape following midterm election results that many believe have added fresh trade-related uncertainty.

Experts says the Democrats’ majority victory Tuesday in the House of Representatives means the ratification of the recently struck United States-Mexico-Canada deal, known as USMCA, will likely have to wait well into 2019.

Trade expert Lawrence Herman says he expects the pact to eventually gain approval — but he warns there’s a risk the agreement-in-principle could crumble, especially if Democrats decide the deal’s passage isn’t politically advantageous for their party.

READ MORE: Democrats come on strong in House races, but Republicans make Senate inroads

Either way, Herman says Canadian businesses now face new unknowns as they try to make export and investment decisions.

Canada will also scrutinize the midterm results for other cross-border impacts, including the fate of the Trump administration’s painful tariffs on steel and aluminum imports from north of the border.

Unifor president Jerry Dias, whose union represents auto workers, says now that the midterms are over Canadian MPs from all parties must apply more pressure to secure the removal of unjust tariffs he argues were imposed to score political points with the Republican base.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Kitimat arena closed until further notice due to chilling system malfunction

Saturday night’s Terrace River Kings and Kitimat Ice Demons game was cancelled as a result

Northwest Regional Airport traffic increases

LNG announcement has sparked interest

Study being conducted on proposed railyard

Facility could offload up to 60 rail cars of propane daily

UPDATE: Kitimat pool and arena evacuated due to wrong mix of chemicals

Hazmat crew sent in to determine how dangerous scene is at the Sam Lindsay Aquatic Centre

Northern First Nations partnership reshaping government’s approach to reconciliation

Kaska, Tahltan and Tlingit First Nations share Premier’s Award for Innovation with ministry

Six students arrested, charged in sex assault probe at Toronto all-boys school

The school’s principal, Greg Reeves, described the video of the alleged sexual assault as ‘horrific’

Air force getting more planes but has no one to fly them, auditor warns

The report follows several years of criticism over the Trudeau government’s decision not to launch an immediate competition to replace the CF-18s.

B.C.’s Esi Edugyan wins $100K Giller prize for Washington Black

Edugyan won her first Scotiabank Giller Prize in 2011 for Half-Blood Blues

Bolder action needed to reduce child poverty: Campaign 2000 report card

The report calls for the federal government to provide more funding to the provinces, territories and Indigenous communities to expand affordable, quality child care.

Judge bars US from enforcing Trump asylum ban

Protesters accused the migrants of being messy, ungrateful and a danger to Tijuana; complained about how the caravan forced its way into Mexico, calling it an “invasion.”

Ottawa Redblacks defensive back Jonathan Rose suspended for Grey Cup

Rose was flagged for unnecessary roughness and ejected for contacting an official with 37 seconds left in the first half following a sideline melee after a Tiger-Cats reception.

Mistrial declared in Dennis Oland’s retrial in father’s murder

The verdict from Oland’s 2015 murder trial was set aside on appeal in 2016 and a new trial ordered. Richard Oland, 69, was found dead in his Saint John office on July 7, 2011.

Laine scores 3 as Jets double Canucks 6-3

Injury-riddled Vancouver side drops sixth in a row

Deportation averted for Putin critic who feared return to Russia

Elena Musikhina, a vocal critic of the Kremlin, has been granted a two-year visitor’s permit in Canada

Most Read