AEM Sponsors State of the Relationship in Canada

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Every year elected officials and industry executives meet in Ottawa, Canada, to discuss the U.S. and Canadian economic relationship. With the U.S. midterm elections over, this year’s focus was on how political change in the U.S. will affect key public policy issues next year. This includes the U.S. – Mexico – Canada Agreement (USMCA) and ongoing tariffs on steel and aluminum.

AEM highlighted how tariffs on steel and aluminum continue to negatively impact the equipment manufacturing industry on both sides of the border, and explained how updating Canada’s tax code to better align with recent changes in the U.S. tax code will help incentivize the purchase of new equipment.

While in Ottawa, AEM also gave a presentation to Innovation, Science, and Economic Development Canada to discuss how the industry can play a greater role in helping the Canadian government achieve their goal of drastically expanding broadband coverage throughout Canada by 2025. Increased federal investment will be necessary to improve Canada’s agricultural sector competitiveness, especially as technology continues to transform precision agricultural practices.

AEM continues to engage both the Canadian government and public on how future investment in broadband can transform Canada’s agricultural sector and rural economies.

To learn more, please contact AEM Director of International and Regulatory Affairs Alex Russ (aruss@aem.org, tel: 202-898-9006). 

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