Trade Minister Says Canada Ready to Renegotiate Nafta

The video discusses the strong economic relationship between Canada and the U.S., highlighting the daily exchange of goods and services and the significant number of people crossing the border. It emphasizes the importance of NAFTA, which has been amended multiple times, and the need for its modernization. The video also touches on the cooperative relationship between Canadian Prime Minister Trudeau and U.S. President Trump, which has facilitated discussions on updating NAFTA. The overall message is that while NAFTA may need updates, the deep-rooted relationship between the two countries ensures its continued relevance.

What is the daily value of goods and services exchanged between Canada and the U.S.?

• 4 billion dollars

• 3 billion dollars

• 2 billion dollars

• 1 billion dollars

How many times has NAFTA been amended since its inception?

• 15 times

• 11 times

• 8 times

• 5 times

What is a key aspect of the Canada-U.S. relationship mentioned in the video?

• They only sell goods to each other

• They compete in energy supply

• They make things together

• They have no trade agreements

What is the significance of the relationship between Prime Minister Trudeau and President Trump?

• It has facilitated diplomatic discussions

• It has caused trade disputes

• It has no impact on trade

• It has led to increased tariffs

Why is it important to update NAFTA according to the video?

• To eliminate trade agreements

• To reduce trade between countries

• To reflect modern economic realities

• To increase tariffs