560 CFOS

560 CFOS

Thursday, October 11, 2018

Huron-Bruce Tory MP Says Canada "Gets Nothing" In USMCA

Huron-Bruce | by Fadi Didi  

Ben Lobb says Canada provided many concessions in three-country pact, with nothing in return.

The Conservative MP for Huron-Bruce says a newly-penned trilateral trade deal between Canada, Mexico, and the U-S is "giving a lot, and getting nothing in return."

As the September 30th deadline closed, the three countries agreed to terms on the U.S.-Mexico-Canada Agreement (USMCA), which replaces the former North American Free Trade Agreement.

In the deal, Canada made concessions on supply-managed sectors of the economy, which includes agricultural producers like dairy, eggs, and poultry.

Tory MP Ben Lobb says a number of issues were not addressed before the new deal was finalized.

Lobb cites the "Buy American" provision, and tariffs on Canadian steel, aluminum, and softwood lumber as issues that found no resolution in the USMCA.

Gay Lea, who has dairy processing operations in Teeswater, issued a press release saying the revised three-country trade pact would have, "destabilizing and detrimental impacts on the Canadian dairy industry, our co-operative business, and dairy farmers."

The Egg Farmers of Canada responded to the deal, saying, "The outcome of the negotiations will have a negative impact on the system of supply management as a whole and specifically on the vitality of Canada’s egg farming sector."

Part of the USMCA involves maintaining the present system of dispute resolution, something Lobb says should not be celebrated, as it has been a fixture of trade relations for 25 years.

Lobb tells Country 104.9 News he would like to hear from Liberal MPs or candidates of rural ridings about how the deal is beneficial to voters in their areas.


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