Liberals seeking trade deal with powerful Latin American trading bloc
OTTAWA — The federal government is reviving efforts to negotiate a trade agreement with a major Latin American trading bloc.
The Global Affairs Department has opened consultations on a potential deal with Mercosur — the customs union of Argentina, Brazil, Paraguay and Uruguay.
Prime Minister Justin Trudeau visited Argentina last fall and promised to explore deeper ties with the group, which represents a market of 260 million people.
Wooing Brazil may prove difficult; that country has long complained that federal funds given to the Canadian aerospace sector amount to unfair competition.