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Others feared that free trade would have a negative impact, as they feared capital flight and job insecurity due to international relocations and that closer economic relations with the southern giant risked an erosion of Canadian sovereignty. Opponents included Mel Watkins of the University of Toronto and David Crane of the Toronto Star, one of Canada`s leading newspapers. The USMCA updates the North American Free Trade Agreement, which originally came into effect on January 1, 1994. .