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International Trade committee  That's exactly the problem. We rely on the efficiency of the border. Again, our vehicles cross the border seven times from start to finish, and we're competing with the imported vehicles that are coming in on ships across one border. You can fit a lot more vehicles on one contain

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  Yes, we have seen a thickening of the border both ways in terms of more frequent requests for letters and inconsistencies in terms of what we're being asked for, especially the people movement across the border.

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  No, in fact, that mirrors the recommendations that we have as an industry, and it mirrors the AAPC recommendations in the U.S. to the U.S. government.

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  One recommendation we are making specifically on fair trade versus free trade is to incorporate currency manipulation into NAFTA because, again, we're all looking to export from NAFTA outside the region. We see currency manipulation ongoing in key markets that are closed to our p

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  Despite the fact that Japan has agreed to the IMF standards, and the leading economists have suggested a currency discipline based on a simple, three-part test based on IMF principles that all of the parties to TPP had agreed to outside.... But they don't want the teeth in the ag

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  We're proposing putting teeth in the agreement, putting it in NAFTA, and making that the gold standard as we go forward to other trade agreements.

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  Yes, an auto table would be an excellent idea.

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  We need to see what the proposed changes are before we can answer that in detail. Today, however, Canada's tax rate is 25% and the U.S. tax rate is 35%. Canada's rate is clearly lower and provides an advantage. Depending on what the U.S. does, especially if they no longer tax wor

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  Absolutely, centres of excellence are incredibly important. I think, though, that one of the pieces of good news is that while in the electronic and information era things move over the Internet, people have to physically move through means such as cars. Vehicles for mobility pur

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  From Ford's perspective, CETA is an incredibly important deal. We have been very supportive of that deal. It helped us make the business case for Oakville, to put the global platform there, knowing we could export up to 40,000 units to the European Union. In 2016, in our first ye

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  I just want to endorse what Mathew said. The borders are critically important, not just the streamlined procedures, but also the infrastructure. As an example, last Thursday night, May 4, I travelled from Windsor to Sarnia. The quickest way is through the United States, and the B

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  Thank you for the opportunity to provide Ford of Canada's views on the renegotiation of the North American Free Trade Agreement. The Ford Motor Company is a global automotive and mobility company with about 202,000 employees in 62 plants worldwide. As Canada's longest-establish

May 9th, 2017Committee meeting

Caroline Hughes

International Trade committee  Thanks. Last year, 16% of Ford's Canadian vehicle production was exported outside of NAFTA. That said, the U.S. market and NAFTA remain the single biggest and most important market for Canadian-produced vehicles and engines. All of Ford's Canadian engine production and 74% of Fo

May 9th, 2017Committee meeting

Caroline Hughes

Industry committee  About Ford, we do have two leading-edge R and D centres in Canada. We have the Powertrain Engineering and Research Development Centre in Essex. We have spent almost $100 million on R and D projects there to do the full range of power train. It can test, develop, and do R and D wo

June 14th, 2016Committee meeting

Caroline Hughes

Industry committee  May I just add to that on the structure of the program? Today, the AIF is a loan and it's taxable. To put that in perspective, if we get $100 as a loan, we have to carry it on our balance sheet as a loan of $100, but we immediately have to pay the government back $25. We actual

June 14th, 2016Committee meeting

Caroline Hughes