Before the Canada-United States-Mexico Agreement, a.k.a New NAFTA, CUSMA, or USMCA, comes up for review in July of 2026, Canada, Mexico, and the United States will all have gone through a federal election. Two of the three countries could have the same leader in place as today; however, that’s unlikely.
It is also possible that July of 2026 comes along and all three countries say “All good, no worries” and the trade pact continues exactly as it is. Possible yes, but that’s also incredibly unlikely.
That doesn’t mean the USMCA ends up renegotiated entirely, but given the disputes the agreement has garnered to date, it’s probable that some tweaks are likely to be asked for. We can probably also guess which commodities are most likely to garner attention (hello, dairy! hi, auto sector!). The real question is: who will be at the negotiating table?
We want to know — looking ahead, who do you think will negotiate the best deal for Canada when the New NAFTA is up for discussion?