‘Opening new markets in Europe’

Trade deal will expand Canada's income by $12 billion, says MP

Editor, The News:

Re: Maple Ridge cheesemaker annoyed by trade deal (The News, Oct. 18).

Readers of your recent article about possible impacts on local cheesemakers from the Canada-European Union Comprehensive Economic and Trade Agreement might have missed the point that CETA is overwhelmingly positive for Canada.

In fact, it is Canada’s most ambitious trade initiative ever.

This agreement will open new opportunities to businesses (including cheesemakers) and will create new jobs for Canadians.

It is estimated that Canada’s income will expand by approximately $12 billion annually and increase bilateral trade by 20 percent.

This is the equivalent of creating 80,000 new jobs or increasing the average Canadian household’s annual income by $1,000.

CETA will eliminate tariffs on our key exports like metal and minerals, forest products, agriculture and agri-food, as well as our fish and seafood.

So here in B.C., many sectors stand to benefit significantly from preferred access to the EU market.

The EU is this province’s fourth-largest export destination and trading partner.

For example, Canadian dairy products currently face a massive tariff of more than 200 per cent to enter the EU market.

Under CETA, Canada has gained unlimited full access to the EU market, the largest and most lucrative market in the world, and will now be able to export cheese to Europe tariff-free.

By comparison, the EU’s access into the Canadian market under CETA is very limited. In fact, it is estimated to be just eight per cent.

This means that Canada’s world-class dairy products will now have vast new export opportunities in the EU market and we encourage producers to take advantage of this new access.

When Prime Minister Stephen Harper signed CETA in Brussels, it was a great day for Canada.

Randy Kamp, MP

Pitt Meadows-Maple Ridge-Mission

Just Posted

Junior hockey back, as Flames host exhibition

Ice Hawks visit Maple Ridge on Aug. 23

Resident asks Maple Ridge council to skip UBCM reception

Doesn’t want politicians to attend China-sponsored event

The scenic route through Maple Ridge

Winding Fern Crescent offers relaxing views

Bulldogs defeat Ridge Meadows Royals

Exhibition game proved to be challenging for both teams

Pitt Meadows man attacked on Lougheed Highway

Ridge Meadows RCMP not sure if road rage incident

B.C. sockeye returns drop as official calls 2019 ‘extremely challenging’

Federal government says officials are seeing the same thing off Alaska and Washington state

Expanded support to help B.C. youth from care attend university still falling short

Inadequate support, limited awareness and eligibility restrictions some of the existing challenges

Ethnic media aim to help maintain boost in voting by new Canadians

Statistics Canada says new Canadians made up about one-fifth of the voting population in 2016

Cross-examination begins for B.C. dad accused of killing young daughters

Andrew Berry is charged in the deaths of six-year-old Chloe and four-year-old Aubrey in 2017

Dog attacked by river otters, Penticton owner says

Marie Fletcher says her dog was pulled underwater by four river otters in the Penticton Channel

BC SPCA overwhelmed with cats, kittens needing homes

Large number of cruelty investigations, plus normal ‘kitten season’ to blame

Memorial to deceased teen stays in place through Labour Day

Hundreds of tributes have been left at the Walnut Grove skate park

Wife charged in husband’s death in Sechelt

Karin Fischer has been charged with second-degree murder in the death of her husband, Max

Most Read