Canadian fin min over the wires on trade matters 12 March
- Canada wants existing trade relationship with UK to be framework for future ties after Brexit
- hopes to have at least as good a relationship as currently with UK
- NAFTA renegotiation creates business uncertainty
- sees parallel between Brexit process and uncertainty about NAFTA
Yep, it's called politics and peacock-suiting.
- increasing trade barriers are a continuing concern for G20
- cautiously optimistic that we can get there on NAFTA
Meanwhile fx pairs having the morning off. USDCAD knocking around 1.2820 after holding 1.2800 but unable to breach 1.2830