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International Trade committee  According to a study conducted by the Centre for Economics and Business Research in the United States, this conflict would cost about $40 billion a year. That's $280 billion over six years. That's far worse than many free trade agreements can bring in. That's why I'm saying that

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  I was just interrupted, which broke the flow of the discussion to some extent. That said, the market costs are the same, but the costs of producing gas in Russia are much lower than the costs here.

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  These are very recent figures. As I said, I've been looking at this issue, especially in the past two years. I don't know the historical costs, but one thing is for sure. The oil sands and their extraction are the worst polluters in the world today.

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  Of course, I had to focus on the issue of natural gas development, having spoken before the bureau of environmental public hearings, or BAPE, as part of its study on the GNL Québec project. I learned that, from an environmental perspective, there's no comparison between Russian

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  Yes, this is still the case. Contrary to popular belief, Russia has no interest in taking over Ukraine. It currently wants to put pressure on NATO by using Ukraine, unfortunately. However, the domestic conditions in Russia don't provide any benefits in terms of cost. This makes

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  The Canadian position is to align itself in part with American foreign policy. This is also true for Great Britain. However, we can see nuances among the different member countries of the North Atlantic Treaty Organization, or NATO, that are taking a position on the conflict. Ger

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  In terms of the current situation, I would say that Canada is most certainly the country with the most uncompromising attitude towards Russia's demands. Don't misunderstand me. I'm still on the side of the people. I'm on the side of the Ukrainian people. I don't like it when peop

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  I think one of the previous speakers explained this in part. We talk about trade even when we discuss security. We shouldn't separate things artificially. The key point here is that the trade relationship between Canada and Ukraine has an energy aspect. This aspect applies to peo

February 16th, 2022Committee meeting

Michel Roche

International Trade committee  Madam Chair, members of Parliament, thank you for this invitation. Today, I want to talk to you about the modernization of the Canada‑Ukraine Free Trade Agreement—CUFTA—and the broader issue of control in which it operates. We can't separate trade issues from the geopolitical an

February 16th, 2022Committee meeting

Michel Roche