Montreal's International Forum
Pierre Fitzgibbon, Louise Blais, Richard Ouellet

The art of compromise or the trap of concession: how to revive a quality relationship between Canada and the United States?

Pierre Fitzgibbon Special Advisor, Osler Louise Blais Senior Special Advisor, Business Council of Canada & Former diplomat Richard Ouellet Full professor in international economic law, Université Laval

This conference will be held in french

 

Faced with a US administration that is radically redefining the rules of the global economy—by imposing tariffs and calling established agreements into question—Canada and Quebec find themselves in a particularly complex position in their economic relations with the United States.

In this context of tension and great uncertainty, some are calling for a rapid renegotiation of the Canada–United States–Mexico Agreement (CUSMA), scheduled for June 30, 2026. An early review could help ease trade tensions and restore some predictability. Others, however, warn against the risks of a hasty renegotiation that could result in concessions that are disadvantageous to Canada.


What are the risks and opportunities of each of these two approaches? Which strategy should Ottawa favor? What impacts would each have on Canadian businesses? Our guests will present and debate the scenarios facing Canada, with a focus on this fundamental question: how can we rebuild a strong relationship with the United States?

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