Meat Industry Applauds Government For Tabling of CPTPP Before Summer Recess
The Canadian Meat Council (CMC) welcomes the introduction of the legislation to implement the Comprehensive Progressive agreement for Trans-Pacific Partnership (CPTPP) as tabled earlier today by Prime Minister Justin Trudeau. The industry recognizes that the government has done a lot of political manoeuvring to get Canada and many industries to this point and we are thankful for the introduction of the legislation before the house rises.
“We are confident that the government fully understands all of the stated advantages of having CPTPP ratified as soon as possible and our industry will keep supporting the government in their efforts to have this legislation passed” said CMC Board of Director Chairman, David Colwell.
CPTPP has the potential to increase beef and pork sales by at least $500 million, creating the potential to support an additional 5,800 jobs here in Canada in our sector.
Mexico has already ratified the deal, Japan is expected to do so within days, and others including Australia, Chile, New Zealand and Vietnam are likely to do the same soon. With the uncertainty created by the renegotiation of NAFTA, the retaliatory tariffs, the potential massive competitive trade disruptions arising from the U.S.-China talks and the lack of real access to the European Union provided under the CETA – we are glad that the government has introduced this in the House before it leaves for summer recess and look forward to a swift implementation this fall.
“I would like to thank Minister Champagne and Minister MacAulay for their hard work, perseverance and leadership on this important file” added Chris White, President and CEO of CMC.
Viable commercial access to international markets is vital to for our industry’s economic success and free trade agreements such as CPTPP, CETA and NAFTA remain a priority for our industry as 60-70% of our products are exported to over 100 countries. Such trade agreements will help our industry reach the $75 billion Barton Report target.