NAICS codes group firms engaged in related financial activities utilizing four to six-digit codes. They are designed to offer a standard statistical framework to facilitate evaluation of the three countries’ economies. Canada has tariff-free access to its most important automotive buying and selling partner, the united states, through the model new Canada-United States-Mexico Agreement , which entered into force on July 1, 2020. In addition, Canada has entry to markets corresponding to Australia, Japan, Mexico, New Zealand, and Singapore by way of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership , which entered into force on December 30, 2018.

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