Canada's Economic Development Minister Sends Signal On Trade Talks
Canada's Minister of Economic Development made it very clear the federal government is not happy about the duty imposed on softwood lumber.
That was the closest Minister Navdeep Bains came to criticizing the Trump administration over its protectionist policies.
But Bains did tell delegates to the Great Lakes Economic Forum in Detroit Canada is ready to sit at the table for NAFTA negotiations.
Bains' strongest message to the 250 people from 8 states and 2 provinces was about the positive trade that's happening already.
Bains emphasized that harming trade with Canada will hurt Americans as well: "we are the US number 1 customer in that there's 9-million jobs in the US that are connected to the Canadian economy, so of course 68-percent of our exports go to the US, but they also benefit as well"
He says it's important to make it clear Canada is a strong and willing trade partner:
Bains explained that imposing a border tax will damage the regional economy in both countries and used the auto sector and it's many border crossing for components as an example.
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