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U.S. abandonment of CUSMA would be severe but survivable for Canada, report finds

Study from Deloitte predicts a big hit unevenly spread across different sectors, and recommends more free trade with other nations and between provinces

A report by Deloitte Canada has found that a US withdrawal from the Canada-United-States-Mexico trade agreement (CUSMA) would have a severe but survivable impact on Canada's overall economy, according to the National Post. However, some sectors may be severely affected.

The Canadian Food Inspection Agency is monitoring a situation in India where an illegal operation was found to be labelling food products with fake nutrition information and expiry dates, as reported by the New Straits Times. The operation involved products from companies such as PepsiCo, Nestle, Coca-Cola, and Unilever.

The Canadian Food Inspection Agency has stated that it takes food fraud seriously, including false date markings and inaccurate nutrition information. At this time, there is no information indicating that products associated with the operation entered Canada.

Brief written by urgent.news from National Post, New Straits Times — 2 reports on this story. Machine-written — may contain errors; check the original before relying on it.

Read the original at nationalpost.com →

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