(USMCA)-Text of the Canada-U.S. Free Trade Agreement

October 4th marks an important date in Canada-U.S. trade
relations. In 1987, both countries agreed to the Canada-United States
Free Trade Agreement (CUSFTA). Negotiations toward a free trade
agreement with the U.S. began in 1986. The two nations agreed to a
historic agreement that placed Canada and the United States at the
forefront of trade liberalization.

Key elements of the agreement
included the elimination of tariffs, the reduction of many non-tariff
barriers, and it was among the first trade agreements to address trade
in services. It also included a dispute settlement mechanism for the
fair and expeditious resolution of trade disputes.

The Canada-U.S.
Free Trade Agreement was brought into force on January 1, 1989 and is
superseded by NAFTA, which includes Mexico.