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International Trade committee  In our automotive business, we manufacture brake caliper pistons. We have a very dominant position within the automotive market in North America. We are happy with the increased content rules coming on board. We were very engaged with the APMA and provided input into the negotia

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  Steel companies are international businesses, and there are very few stand-alone Canadian steel companies remaining. Putting up barriers within companies to stop the natural flow of product is something that needs to stop. Let the businesses operate in a free enterprise market an

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  Yes. In both in our rail business and our automotive business we do source from two locations in the United States and then from Canada. We do have components that move across the border frequently—and I shouldn't say "frequently" but more than once—that go into our manufacturing

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  Again, to answer your question, lower the tariffs, eliminate them, allow us to compete on a world basis, and we'll do very well.

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  Thank you very much.

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  In Vineland, as I've used the example, we're a very lean organization. The administration to fill out the paperwork and go through the process is taxing, and we have one person who can do that, along with their other duties, of course. In addition to that work, we also needed to

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  —ekes away at the working capital we would like to reinvest in the business, but we can't do so now. What we have done is hired a company to help us with the administration of that. As I mentioned, they are taking 5% off the top. Each time you eke away at and nibble away, it be

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  Again, to put it bluntly, my money is sitting in the coffers of the government, not in my bank.

October 23rd, 2018Committee meeting

Mark VanderVeen

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  I am very opinionated about that, so I will temper my approach to it. The announcement was that $2 billion was going to become available. That was just in our backyard in Hamilton, I believe at ArcelorMittal Dofasco. We've done a lot of looking around, a lot of research, a lot

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  We've searched through the web to see how we can access that, and now we've hired a consultant to help us. Again, consultants are not very cheap, or very—

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  Well, I'll tell you, in January I lost a lot more nights of sleep than I have recently, but there are still a lot of issues out there creating a lot of concerns. Our concerns are with the consistent increase to our costs of goods sold. When we have tariffs implied, when we have

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  That is an option, but I don't believe we're in a position to become 25% more competitive.

October 23rd, 2018Committee meeting

Mark VanderVeen

October 23rd, 2018Committee meeting

Mark VanderVeen

International Trade committee  Thank you very much.

October 23rd, 2018Committee meeting

Mark VanderVeen