‘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

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Pitt Meadows ball hockey goalie gets call up to Team Canada

Matteo Petrelli will mind net for U20 team at world championships in Switzerland this summer

Maple Ridge’s Brandon Yip to play in KHL all star game in Moscow Sunday morning

Yip currently captains the Kunlun Red Stars who are based in Beijing

The value of a prison education

Kevin Heinze teaches continuing education at Fraser Regional Correctional Centre in Maple Ridge.

Along the Fraser: RIP Parker (1991-2019)

The Canadian Liver Foundation raises funds by recycling or scrapping old vehicles.

Letter: Allen Way rail crossing proposed in 1980

Pitt Meadows mayor at time wanted it at north Bonson.

Canucks extend home win streak to 8 with 4-1 triumph over Sharks

Victory lifts Vancouver into top spot in NHL’s Pacific Division

BC Green Party leader visits northern B.C. pipeline protest site

Adam Olsen calls for better relationship between Canada, British Columbia and First Nations

B.C. society calls out conservation officer after dropping off bear cub covered in ice

Ice can be seen in video matted into emaciated bear cub’s fur

Horgan cancels event in northern B.C. due to security concerns, says Fraser Lake mayor

The premier will still be visiting the city, but the location and day will not be made public

B.C. landlord sentenced to two years in jail for torching his own rental property

Wei Li was convicted of intentionally lighting his rental property on fire in October 2017

VIDEO: Highway 1 left looking like winter war zone with dozens of stranded vehicles

Tow-truck driver says 30 vehicles still dot snowy landscape, including one rolled-over dairy truck

PHOTOS: Eastern Newfoundland reeling, search underway for missing man after blizzard

More than 70 centimetres of new snow fell overnight, creating whiteout conditions

Prince Harry, Meghan to give up ‘royal highness’ titles

‘Harry, Meghan and Archie will always be much loved members of my family,’ says Queen Elizabeth II

Most Read