International Trade committee  To start off, just to put things in perspective, basically, as I said, the lumber mills in the Prince George region of course will run flat out to clear out the beetle wood. When you look at a situation like a Canfor that is going to run it's lowest-cost wood, then clearly you're

International Trade committee  Thanks. My apologies, to begin with, if I have misrepresented you--meaning the Conservative Party, of course. In terms of looking at the agreement, as I say, the big thing is, can we do something about our costs? We are looking at a lot of bankruptcies. Sadly, or maybe positi

International Trade committee  I'm not in favour of loans, for what it's worth. I mean, we do have a structural problem--

International Trade committee  Sorry, my apologies. So what you're suggesting is loan guarantees instead of...?

International Trade committee  I think I understand now. Sorry. I believe a lot of this depends on whether the U.S. really does want a solution. We have seen changes, and at the same time, we're told, that's it, the case is closed; if you don't sign, watch out; this is the best we can do, etc. That's basicall

International Trade committee  From the perspective of the companies I spoke to, they say it's going to be a big problem.

International Trade committee  Absolutely not. I was reading the comments from the senators from Oregon and Idaho right after the announcement of the agreement on April 27 and 28. To paraphrase, basically they're saying—well, Oregon was, and I'm trying to get the words right—something to the effect that tens o

International Trade committee  If a company lost half a million dollars by standing up...?

International Trade committee  I see what you're saying. If we take the presumption that no money will be returned, are you better off to take what you can? Yes. It depends where you set your yardstick. Good point.

International Trade committee  Thank you for the opportunity. As an analyst, you're looking at trying to forecast how much companies make. Let's say a company ends its quota and they're not sure whether there's a 10%, 15%, or 22% duty coming, because they haven't received the numbers. They're all going to ha

International Trade committee  How do you recommend it? Well, one of the things I was speaking to Simon about is what one of my U.S. clients said to me: that if, let's say, you invest in a company and then that company gives $500 million to its competition and you suffer because of that—i.e., through litigatio

International Trade committee  Yes.

International Trade committee  Oh, absolutely.

International Trade committee  Thank you very much. It's a privilege to be here today. I do feel a little out of place because I don't have any political affiliation. I look at North American stocks. The weighting of my U.S. stocks that I follow is eight times that of the Canadian. A good reason for that is