The Agri Post
October 30, 2015
Hog Industry Says Canada Better Off in the TPP By Harry Siemens
Putting the Country ’s Growth Before Partisanship By Les Kletke When both sides are insisting on the extreme, the truth is somewhere in the middle and so it is with the Trans Pacific Partnership (TPP) Trade Agreement. A classic example of three sides to every story, yours, mine and what really happened. According to The Truth about Trade and Technology group a US based advocate for increased trade the agreement is a step forward on the international stage and commends Canada for its position. Bill Horan farms in Central Iowa and is Charmin of the group. He said, “The big winner in Canada’s national elections this week wasn’t the Liberal Party or the Conservative Party. Instead, it was the Trans Pacific Partnership, a 12-nation freetrade agreement concluded earlier this month.” In a recent CBC poll, only 40% of respondents said that TPP would benefit Canadians. In the election, however, parties that backed TPP won more than 70% of the vote. “Both Justin Trudeau of the victorious Liberals and incumbent Prime Minister Stephen Harper of the defeated Conservatives embraced a trade deal that promises to link countries around the Pacific Rim. Others in Canada have opposed it fiercely, including the New Democratic Party, which at one point even led the polls but wound up with fewer than 20 percent of the votes,” said Horan. “By rejecting protectionism so close to elections, Trudeau and Harper took risks to put the interests of Canada in front of potential partisan advantage,” he said. International trade is an important contributor to Canada’s economic growth, business vitality, employment creation and the standard of living of its citizens according to Constantine Passaris. “Canada’s domestic population is far too small to alone sustain the standard of living that we have become accustomed to. International trade is the trump card that helps us create a larger market, through our exports and outreach,” said Passaris a Professor of Economics at the Uni-
The Trans-Pacific Partnership (TPP) trade deal is at the top of the agenda for many producers and agricultural exporters. Claude Vielfaure, the Vice-President of Hylife said Canada’s participation in the TPP would help maintain his company’s competitiveness in Japan, while creating new export opportunities in other nations. Twelve nations reached an agreement earlier this month during the TPP negotiations and must now pass the scrutiny of the Federal Government before ratification and implementation. All 12 participating countries will undergo national scrutiny. Vielfaure said Canada exports over 80% of its pork and because this trade agreement is the biggest in the world, accounting for 40% of the global economy, he sees it as vitally important that Canada becomes a signatory.
Continued on page 3 Bill Horan of Truth about Trade and Technology, an Iowa based group.
versity of New Brunswick, Chair of the New Brunswick Advisory Board on Population and a Member of the Academic Scientific Board for the International Institute of Advanced Economic and Social Studies. He acknowledged it is not going to be a sliver bullet to boost the Canadian economy but rather an opportunity. “As with all the free trade deals that Canada has signed, there are domestic winners and losers. There is no denying that Canada is vulnerable through its dairy industry and is exposed to more intense competition from abroad in its auto parts industry,” he said. “It is worth emphasizing that the TPP is simply an economic opportunity. It is not a guarantee of economic success. It opens the door for enhanced trade with one of the world’s most coveted export regions. What will transform this opportunity into a success will be the vision and smarts of our entrepreneurs, plus the competitiveness of our products and services in terms of price and quality,” said Passaris. Canadian agriculture is adopting a wait and see attitude as well, waiting for a new minister and they approach he/she will take to the agreement but at the same time preparing to move ahead.
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