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Canada-China Relations committee Mr. Chair, I was in Halifax the day before yesterday. I met with some of the companies there and with the Government of Nova Scotia. Nova Scotia has been very successful in developing a relationship with China, as you've said. We have heard that certain lobster shipments have bee
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee To our knowledge, no other exports have been affected yet. However, given the difficulties China is going through right now, it's not unlikely that there will be some disruptions.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee Looking at 2018 numbers, our exports were $27.6 billion. Our imports were $75.6 billion. The total trade is $103 billion.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee The deficit will be the difference between $75 billion and $27 billion.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee I apologize, Mr. Chairman. I don't have a calculator.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee Yes. As we've talked about, there has been a chilling, with increased scrutiny at border points. It's not across the board; it's anecdotal. Some Canadian businesses are still doing well. Even within sectors the experiences are different. Business people are looking at what's happ
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee We have resources. China is our second-largest and third-largest market. It will continue to grow and continue to be a huge and very important market for Canada. We cannot decouple from the growth of China.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee It's the second country, and it's the third if you count the EU as one market.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee Canada has a one China policy.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee Taiwan is an economy.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee Taiwan is an economy for us. It's a trade partner.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee We refer to Taiwan as Taiwan.
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee Yes, we have added resources on the trade commissioner service side. We've added some 25 resources in the past two years. We have three consulates on the mainland in addition to the embassy, and 10 trade offices were expanded over the years. It has certainly helped increase the n
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee We've talked about canola and pork, and there has been talk about other sectors that have weakened a little bit. There is no clear link between those downtrends and the arrest of Meng Wanzhou, Mr. Chairman. There have been other sectors, as Mr. Verheul has mentioned, where export
January 30th, 2020Committee meeting
François Rivest
Canada-China Relations committee I would just add that we are mindful of the issues at stake and of the risks and we are constantly assessing how Canada can mitigate the risks that are inherent to those sectors.
January 30th, 2020Committee meeting
François Rivest