Nafta deal to reduce uncertainty in Canada and Mexico

canada

The preliminary trade agreement reached by the US and Canada on September 30 could significantly reduce uncertainty in the policy outlooks of central banks in the region.

The accord allows Canada to join the new framework created by the US and Mexico over a month ago, rewriting the conditions of the North Atlantic Free Trade Agreement (Nafta) that has bound the three economies since 1994.

Exchange rate clause

One of the main innovations in the agreement is its explicit prohibition of exchange

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.