Canada, Mercosur Aiming to Sign Free Trade Deal This Year: Brazilian Official

Prime Minister Mark Carney greets Brazilian President Luiz Inacio Lula da Silva at the G7 Summit in Kananaskis, Alta., on June 17, 2025. The Canadian Press/Adrian WyldEight years after Canada launched free trade negotiations with the Mercosur bloc of nations, a Brazilian official says an agreement is on track to be signed by the end of the year.Paula Barboza, director for extra-regional negotiations and economic governance at Brazil’s ministry of foreign affairs, told The Canadian Press the talks have been propelled by a “political push” as Canada and other nations work to diversify their trade.