Creation of the new Advisory Committee on Canada-U.S. Economic Relations was reportedly announced today by Canada’s Prime Minister Mark Carney.
“Canada is approaching its economic relationship with the United States with focus…Our goal is a strong economic partnership with the United States that creates greater certainty, security, and prosperity for all,” said Carney.
Including leaders from major sectors of the Canadian economy, representing extensive experience in business, investment, trade, and labour, The Advisory Committee will serve as a forum for expertise and strategy on all aspects of the Canada-U.S. economic relationship.
The committee will be chaired by the President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy, Dominic LeBlanc.
The following members will be included in the committee:
Jean Simard, Candace Laing, Darryl White, Lisa Raitt, Tracy Robinson, Flavio Volpe, Ron Bedard, Ken Seitz, Dennis Darby, Lana Payne, François Poirier, Émile Cordeau, Luc Thériault, Magali Picard, Jonathan Price, Susan Yurkovich, Michael Harvey, Tabatha Bull, Cameron Bailey, Valérie Beaudoin, Erin O’Toole, Jean Charest, P.J. Akeeagok and Ralph Goodale
The first meeting of The Advisory Committee will be held on April 27, 2026.
Carney thanks the members of the former Council on Canada-U.S. Relations for their service during a consequential period in the bilateral relationship.
Being a critical contributor to a competitive North American continental economy, Canada’s trading relationship with the U.S. is supporting millions of jobs on both sides of the border.
Strengthening our engagement with Canadian business and labour leaders, the new Advisory Committee , aims to ensures Canada is well positioned to advance its interests.
“Canada is strongest when governments, workers, businesses, and industry leaders pull in the same direction. This Advisory Committee will help us stay closely connected to the perspectives of key sectors, support effective outreach, and strengthen Canada’s position as we establish a new economic and security relationship with the United States.”
The Hon. Dominic LeBlanc, President of the King’s Privy Council for Canada and Minister responsible for Canada-U.S. Trade, Intergovernmental Affairs, Internal Trade and One Canadian Economy
Quick facts
- Together, Canada, Mexico, and the U.S. represent a market of 517 million consumers, with a combined GDP of $48.8 trillion.
- Canada and the U.S. exchanged nearly $3.6 billion in goods and services every day in 2024.
- Since the CUSMA entered into force, Canada-U.S. trade has increased by more than 27% – or $196 billion.
- About the CUSMA Joint Review:
- The CUSMA entered into force on July 1, 2020, for 16 years (until 2036).
- The agreement included a commitment to review the Agreement on the 6th anniversary of its coming-into-force, which is July 1, 2026.
- At this point, the countries can decide by consensus on any appropriate actions and whether to extend the CUSMA’s term for another 16 years.
- Should there be no consensus to extend the CUSMA’s term in 2026, joint reviews would be held annually until the parties agree to an extension or until the agreement expires in 2036.
