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International Trade committee  Yes. We're updating our numbers now. We've looked at how automatically these numbers show up to a 40% tariff. Tariffs could fall to zero in an FTA, but if non-tariff barriers persisted, they'd be the equivalent of a 40% tariff barrier. We'd lose opportunity right there. Under CETA we were supposed to have $2 billion of access to that market annually.

May 4th, 2023Committee meeting

Adam Taylor

International Trade committee  Ultimately, it's using our leverage. We need to be strategic in terms of the sequence in which we negotiate things. I think that by putting the U.K. accession ahead of the U.K. bilateral agreements, we lost that leverage. We could have said, “No, we're not going to move that forward until we address these things.

May 4th, 2023Committee meeting

Adam Taylor

International Trade committee  To give you a couple of statistics, in the year 2000 there were one million non-tariff measures that we could identify. Today, there are over four million. In 20 years, we've gone from one million to four million. These are equivalent to really hard, trade-disruptive tariffs. They're usually the equivalent of between 25% and 40%.

May 4th, 2023Committee meeting

Adam Taylor

International Trade committee  I'll just say there are huge opportunities throughout ASEAN for CAFTA and all of our members. We think that should be Canada's top trade priority right now. The opportunities there are great. Everything from minimum residue limits to some of the low-level presence non-tariff barriers is key for us.

May 4th, 2023Committee meeting

Adam Taylor

International Trade committee  I'll say quickly that everybody believes in decisions being science-based and that science should be at the heart of any technical barriers to trade and be the basis for food safety. All of those things matter to everybody. They matter to us too. With respect to the U.K., I think it's a recognition of our system, ultimately, that we say we have the highest-quality and most robust systems in the world, and they should be recognized as such.

May 4th, 2023Committee meeting

Adam Taylor

International Trade committee  I can say right now that we're working very closely with agriculture. Officials are staying in close contact with us and saying that progress is being made to try to advance and conclude an agreement with India. As Mr. Beck indicated earlier, I think that's an agreement that's been very difficult to negotiate.

May 4th, 2023Committee meeting

Adam Taylor

International Trade committee  I'll just say that one of the things we were most concerned about was not addressing this in the CETA would transfer to the U.K. accession to the CPTPP, and that is exactly what has happened. Now we see a lot of things that are persisting in CETA that are shutting us out from that lucrative market.

May 4th, 2023Committee meeting

Adam Taylor