Evidence of meeting #14 for International Trade in the 41st Parliament, 2nd Session. (The original version is on Parliament’s site, as are the minutes.) The winning word was union.
A recording is available from Parliament.
11:30 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
Okay.
Are there certain sectors that will need to be looking for investments because Canada's regulations in certain sectors are too restrictive? Do you anticipate higher volumes? Is there any of that feeling among your sectors?
11:30 a.m.
Ambassador, Delegation of the European Union to Canada
No. We don't think there are really serious investment restrictions in Canada now. With CETA it will even be better.
11:30 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
And there are no countries that will try to compensate for any losses that they may have competing against Canada?
11:30 a.m.
Ambassador, Delegation of the European Union to Canada
What do you mean—that they might go to Mexico, for example?
11:35 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
Well, in the fish sector we're seeing that some provinces may lose out and some provinces may win. There is discussion that they need to be compensated. There is discussion that dairy farmers, if they are not able to sell as much cheese, may need to be as well.
11:35 a.m.
Ambassador, Delegation of the European Union to Canada
Thank you for this point. The fisheries sector will be completely open. There will be no restriction on exporting high-quality fish from Canada to the European Union. It's an absolute win-win situation. For the dairy sector, there will be an increase in high-quality cheese and dairy products from the European Union.
11:35 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
Right, but will there be European countries that will suffer because of that, and will they be compensated?
11:35 a.m.
Ambassador, Delegation of the European Union to Canada
From the fisheries?
11:35 a.m.
Liberal
11:35 a.m.
Ambassador, Delegation of the European Union to Canada
That's competition.
11:35 a.m.
Marie-Anne Coninsx
I mean, the consumers will—
11:35 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
I agree: I'm asking the questions. I know that.
11:35 a.m.
Voices
Oh, oh!
11:35 a.m.
Ambassador, Delegation of the European Union to Canada
The consumer will profit. Something I always repeat, sir, concerning this cheese, is that there will be a slight increase in cheese exported from the European Union to the Canadian market.
Personally, I regret it's not more, because it's—
11:35 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
But what we want to do is export a whole bunch of Canadian cheese.
11:35 a.m.
Ambassador, Delegation of the European Union to Canada
Then do. There is no limitation—no limitation—for Canadian cheese, which is also of high quality. It's a question of marketing on the business side.
11:35 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
Oh, I know Canada has a lot of abilities. I'm just wondering, is anyone from Europe going to suffer, or is any sector in particular going to suffer?
11:35 a.m.
Liberal
Massimo Pacetti Liberal Saint-Léonard—Saint-Michel, QC
Okay. That was my question.
I understand that Canada has—
11:35 a.m.
Marie-Anne Coninsx
Speak with your consumers. You have 34 million consumers.
11:35 a.m.
Ambassador, Delegation of the European Union to Canada
I think they will welcome having these products, which for the moment are extremely expensive to buy here in the Canadian market.