1989 - A free trade agreement is established with the United States.

In 1989, the Canada-United States Free Trade Agreement came into effect, reducing tariffs and other trade barriers between the two countries.

The agreement was signed by Prime Minister Brian Mulroney and US President Ronald Reagan in 1988.

It was the first comprehensive free trade agreement between two industrialized countries and was widely seen as a major milestone in improving economic relations between the two countries.

The agreement was seen as a major step towards more open markets, greater economic integration and more balanced trade.

It also encouraged increased investment between the two countries and increased cooperation in areas such as science and technology.

The agreement was ratified by both Canada and the United States in 1989 and came into effect in 1990.

Following the agreement, a number of other free trade agreements have been negotiated between Canada and other countries.

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