Department of Finance Canada Hosts Briefing with Industry Stakeholders on the Canada-U.S. Economic Relationship
Ottawa, Ontario – February 14, 2025 – Today, the Department of Finance Canada hosted a briefing with industry stakeholders to discuss the current state and future prospects of the Canada-U.S. economic relationship. The briefing was led by Deputy Minister of Finance, Michael Sabia, and Assistant Deputy Minister, International Trade and Finance, Sarah Houde.
During the briefing, participants discussed a wide range of issues, including:
- The impact of the COVID-19 pandemic on bilateral trade and investment;
- The importance of supply chain resilience and cross-border trade facilitation;
- The role of technology and innovation in driving economic growth;
- The need for continued collaboration on climate change and environmental sustainability; and
- The importance of strengthening people-to-people ties.
Stakeholders from various sectors, including business, labor, academia, and civil society, provided insights and perspectives on these issues.
Deputy Minister Sabia emphasized the enduring strength of the Canada-U.S. economic relationship and the importance of working together to address common challenges and seize opportunities.
“Our close economic ties with the United States are vital to the prosperity of both our countries,” said Sabia. “We must continue to work together to strengthen our bilateral relationship and ensure its long-term sustainability.”
Assistant Deputy Minister Houde outlined the government’s ongoing efforts to promote trade and investment with the United States, including through the Canada-United States-Mexico Agreement (CUSMA) and other bilateral initiatives.
“CUSMA has created a modern and ambitious framework for economic cooperation between our three countries,” said Houde. “We are committed to implementing CUSMA effectively and working closely with our partners to address any challenges that may arise.”
Stakeholders welcomed the opportunity to engage with the government on these important issues. They expressed their support for continued collaboration and dialogue on the Canada-U.S. economic relationship.
The briefing is part of the government’s ongoing consultations with stakeholders on the future of the Canada-U.S. economic relationship. The government will continue to engage with stakeholders and develop policies that promote mutually beneficial economic growth and prosperity.
Media Contact:
Media Relations Department of Finance Canada fin.media@fin.gc.ca
Department of Finance Canada hosts briefing with industry stakeholders on the Canada-U.S. economic relationship
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