Recent developments indicate that Canada and the U.S. are making strides towards a trade agreement, as evidenced by a working document that outlines potential terms. While the document, which remains unseen, designates Canada's willingness to join the Golden Dome security program and commit to various infrastructure and defense spending initiatives, sources highlight that significant negotiations are still necessary. There is no certainty that an agreement will be reached before the G7 summit, underscoring the ongoing complexities in the Canada-U.S. relationship.
Although this is considered a step toward the overall goal of reaching a deal, there are warnings from multiple sources that more work needs to be done before there's an agreement.
In a negotiation, there will be many documents sent back and forth with several hypothetical scenarios, reflecting the complexities and challenges ahead.
The document outlines Canada's willingness to participate in the Golden Dome security program and commitments toward NATO defence spending targets.
Sources indicate there is no expectation of having a finalized deal before the upcoming G7 summit in Alberta, pointing to ongoing discussions.
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