The following policy document is of former Prime Minister of Canada, the Right Hon. W. L. Mackenzie King's statement on the Hyde Park Declaration to the House of Commons one week after the declaration was signed by PM King and President Roosevelt.
The Hyde Park Declaration was signed by U.S. President Franklin D.
In 1935, Canada and the United States, under the leadership of Mackenzie King and President Roosevelt, signed the Canada-US Reciprocal trade agreement which reduced tariffs between the two countries.
This Treaty did not remove as many barriers as did the Reciprocal Treaty of 1854, but was a modest step forward.
In 1938, another tariff reduction agreement was signed, building up
The Group of Seven (G7) is an intergovernmental political group, that was founded in 1975 and includes Canada, France, Germany, Italy, Japan, the United Kingdom, and the United States.
As some of the most advanced, developed, and wealthiest economies in the world, the leaders of the G7 meet to discuss and address global economic affairs and prominent transnational issues.
The Canadian-American Reciprocity Treaty (also known as the Elgin-Marcy Treaty) between the United States and the United Kingdom, concerning British North America including the Province of Canada, New Brunswick, Nova Scotia, Prince Edward Island, and Newfoundland Colony was one of the earliest efforts to establish free trade between Canada and the United States.
The Treaty was in effect from 1854-1866 and although it was controversial at times, it mutually reduced