Finance committee  It's not so much from the downward trend in oil prices, but from the stronger growth in the U.S. and from a lower dollar. I think one of the key things—and it goes back to your previous question about employees in the oil sector—is a number of manufacturers across the country, pa

Finance committee  Yes.

Finance committee  The analysis we've done is for oil sands. I'll send a copy of our analysis to the committee. It basically shows that there could be a $12 billion hit on overall manufacturing sales across the country.

Finance committee  Thank you, Mr. Chair. I have prepared and distributed a document analyzing the impact of lower oil prices on the manufacturing sector from our perspective. I'm not going to go into detail on that subject; you can take a look at that yourself. The only thing I could probably acc

International Trade committee  I think a trusted traveller program and a trusted shipper program are really very important to make sure that people can do business. These are global enterprises today. I got a call when the head of engineering at Boeing was disallowed at the border coming into Canada because

International Trade committee  I think it's really difficult to assess the impact of a particular agreement there. The only way of assessing it is, does it actually lead to more international business, more flights, more travellers, and more cargo that is being shipped? At the end of the day, that's the key pe

International Trade committee  I do, but our members are going to go where they see the business opportunities. It's a really good example, that even though you have an agreement, they may not take advantage of it right now. For air service, you need the capacity—they have to make money on their routes. It doe

International Trade committee  Air transport on the cargo side is going to be particularly important for the transport of more specialized types of products or products that have to get to market very quickly. There's a whole Asian market that will open up very quickly for everything from seafood to other food

International Trade committee  I think they would in many respects, like the European trade agreement. I agree with Ailish that the agreement with China would need to be precise and targeted. One of the key components of any successful trade agreement, or air or transport agreement for that matter, is a good t

International Trade committee  It's a bit like whack-a-mole right now. The first thing is to make sure we're fighting every state's Buy America, like New Jersey's, and trying to overcome that. The only way we can put pressure on the United States is to show that if they implement Buy America it hurts American

International Trade committee  Yes, we have, both from the point of view of where the main markets of interest are as well as, from the air negotiators themselves, in terms of whether capacity exists and whether there is much interest in pursuing these agreements and what the specific terms are.

International Trade committee  Let me say first of all, around our air transport agreements, I think we stack up very well in terms of our agreements. I think our negotiators are actively in touch with the business community. We've had several meetings with them asking where the priorities are. What markets sh

International Trade committee  I think the financial services that EDC is now providing internationally, in terms of some of their pull strategy, to provide opportunities for Canadian companies to connect with larger companies, are unique. I can tell you the U.S. Ex-Im Bank is fighting for its life, let alone

International Trade committee  Thank you very much, Mr. Chair. I am very pleased to comment this afternoon on the positive effects of the Global Markets Action Plan. My comments are going to be a little more general, about the objectives of the markets action plan and what we've seen since the adoption of t

Finance committee  Sure. Yes, I think that's exactly what we need to do—not only the rate but also the types of assets that are included in U.S. depreciation rules.