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International Trade committee  That was the position that we took early on. We knew there was discontent within the U.S., particularly in the House where that they did not agree with elements of what the U.S. had negotiated and there were discussions actively taking place. Mexico ratified it very quickly. The

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  Yes, we usually do some kind of analysis beforehand to project the potential gains or losses that could occur.

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  In this particular case, given that it wasn't a new free trade agreement, what we did assess was the impact of the potential loss of NAFTA, which is what we were facing at the time. That was announced as it was completed.

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  We can certainly check on being able to provide that.

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  Let me respond to a bit of this. I think in every free trade negotiation that we do, we do an economic analysis prior to starting the negotiation. We've done that in this case as well.

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  I have a couple of comments. The issue of aluminum has attracted a lot of attention. We are certainly concerned about how things might develop as they go on.

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  Should I keep talking?

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  Thanks. We've had a number of discussions on the aluminum issue, and I think you're certainly aware that we do intend to closely monitor the amounts of aluminum coming into North America, in particular to Mexico. If we do see significant quantities coming in, then we are prepar

February 26th, 2020Committee meeting

Steve Verheul

International Trade committee  Thank you, Madam Chair. I'll start. First of all, thank you for the opportunity to appear before you again to discuss the economic impact assessment of the Canada-United States-Mexico agreement. I am joined today by Marie-France Paquet, the chief economist at Global Affairs C

February 26th, 2020Committee meeting

Steve Verheul

Natural Resources committee  Yes, and it would vary, of course, somewhat from product to product, but products produced in Canada generally have to meet our own standards for safety reasons, even if they are destined for export, in particular, health and safety requirements and those kinds of things. To so

February 24th, 2020Committee meeting

Steve Verheul

Natural Resources committee  Certainly it will create some difficulties. Obviously, it doesn't affect our NAFTA challenges, the three challenges that Colin mentioned. I think one of the WTO challenges.... No, I'm thinking of something else. It's not that advanced at the moment.

February 24th, 2020Committee meeting

Steve Verheul

Natural Resources committee  At the WTO, it is a possibility that they could be affected, but we have a far stronger mechanism with the NAFTA dispute settlement process, and that's what we're focused on. The WTO challenges are also important but not as important as the NAFTA challenges.

February 24th, 2020Committee meeting

Steve Verheul

February 24th, 2020Committee meeting

Steve Verheul

Natural Resources committee  To add to that though, Colin, it is certainly true that we have in the past on many occasions gone through that process, won cases and had duties returned. The NAFTA dispute settlement process for these types of issues is the only process we have that actually allows the return o

February 24th, 2020Committee meeting

Steve Verheul

Natural Resources committee  There is certainly a difference between the treatment of steel and aluminum. There is one difference between the treatment of the two, and that came about as a result of the agreement to the protocol on December 10. As you know, at that point there was a requirement introduced

February 24th, 2020Committee meeting

Steve Verheul