Canada and South American Bloc Mercosur to Resume Trade Talks

Canadian Prime Minister Mark Carney welcomes Brazilian President Luiz Inácio Lula da Silva to the G7 Summit in Kananaskis, Alta., on June 17, 2025. The Canadian Press/Darryl Dyck

Ottawa and Brasilia have announced that trade negotiations for Canada to join the South American trading bloc Mercosur will resume shortly, amid both capitals seeking to diversify away from the United States.

The announcement about the resumption of trade talks was made in a joint statement issued by Canada’s International Trade Minister Maninder Sidhu and Brazilian Foreign Minister Mauro Vieira on Aug. 25.