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International Trade committee There are some features of the U.S. system that are different from ours, to be sure. I think they are interested in seeing some changes to our system, which we're looking at to see whether they can be integrated into the Canadian context as well. Some of those features that are i
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee Do you mean whether we would be able to address dumping more or less?
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee The TPP itself won't affect our ability to address dumping. We don't change our trade remedy system as a result of the TPP. It continues to apply to the TPP countries should they be found to be dumping or subsidizing.
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee We definitely recognize the importance of this issue for the steel sector. We've heard the concerns of Canadian producers about government interventions and the Chinese economy, and the implications this has in terms of their steel production. Absent a regulatory change, non-mar
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee We do not have a position to say yes or no. We're definitely very taken with this issue. We're following it closely internationally, because other countries, a number of WTO members, are also grappling with this question, examining how clear the wording is in the exception protoc
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee I can respond to that. Based on the information we have—and part of this is based on the apparent demand in the Canadian market—60% is being supplied by imports and approximately 40% by the domestic producers.
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee Yes, absolutely. I don't know if you have the statistics on the exports.
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee We're supplying 40% of the domestic market, so—
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee Sixty per cent is supplied by imports, but then we are also exporting 50% of Canadian production to other markets.
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee As they mentioned, 84% of our exports already go to the U.S. The U.S. is already a very open market with respect to steel trade, so I would say that with regard to the TPP, we already have very good access through NAFTA to our key markets. It does open up, potentially, markets in
November 3rd, 2016Committee meeting
Michèle Govier
International Trade committee I think our anti-dumping system is a very effective system for the steel industry. It's very hard to compare different systems on a blanket basis. There are WTO rules that govern what's permitted in that space, and they're very detailed but allow a lot of flexibility as well, so
November 3rd, 2016Committee meeting
Michèle Govier