Canada and the United States are attempting to put the final touch to a text that could be submitted to Congress at the end of the month and allow Canada to join the agreement signed by the administration Trump with Mexico.
Canadian Foreign Minister Chrystia Freeland said told reporters after a two-and-a-half-hour meeting with U.S. Trade Representative Robert LighthizerRobert (Bob) Emmet LighthizerMcConnell urges GOP senators to call Trump about tariffs Companies brace for trade war MORE that a deal is "eminently possible" but said she would not negotiate the pact in public, the CBC reported.
A Canadian source with knowledge of the NAFTA discussions said an agreement is within reach - but they stressed that getting there will require flexibility from all sides.
While President Trump has promised "punitive tariffs" if a deal is not reached, Trudeau says that Canada will not bend to threats.
Prime Minister Trudeau echoed this stance in a recent radio interview in Winnipeg.
Trump has raised pressure on Ottawa, threatening to impose duties on Canadian auto imports, which Trudeau said would be "devastating" for the Canadian auto sector.
"To continually undermine the industry is absolutely devastating and it weakens our industry overall", said David Wiens, vice president of Dairy Farmers of Canada.
"To me, a lot of that is consistent with my suspicion that the US doesn't really want to get a deal [or] at least the [Trump] administration doesn't", he said, citing the leaked off-the-record comments Mr. Trump gave Bloomberg in late August when he said he was refusing to compromise with Canada and that any deal with Canada would be "totally on our terms".
"I think it's something that we obviously have to be aware the president is contemplating".
Wiens declined to say what action the organization would take if an updated NAFTA deal gave the US a greater chunk of the Canadian market, but did not rule out campaigning against ratification of the agreement, or the Liberal government.
"There is not going to be a deal - period - unless there is a compromise in that area because that is what he campaigned on and it's stuck to him and he's stuck with it", Mulroney said.
Canada's main stock market started the week down for seventh-straight day amid an off-day for any headlines on NAFTA as negotiations are set to resume Tuesday.
"At the end of the day, neighbors help each other when they need help".
After emerging from her meeting with Lighthizer on Friday, Freeland said the negotiations had entered a "very intense" phase, during which officials have been meeting "24-7".
He added that the Office of the United States Trade Representative wants to wrap up talks with Canada quickly. Freeland is scheduled to attend the Liberals' caucus retreat Wednesday in Saskatoon and it's unclear whether she will return to the USA capital late in the week.
US Ambassador to Canada Kelly Craft meanwhile delivered an address in Gander, Newfoundland, where dozens of in-bound flights were diverted in the immediate aftermath of the September 11, 2001 attacks.
What should Canada do at the NAFTA negotiating table?
"Sure, it's business and it's important, but Gander is the place that - in a snapshot - illustrates the Canada/US relationship".