09:14:37 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Resolute Forest Products Inc
Symbol RFP
Shares Issued 90,453,964
Close 2018-11-07 C$ 17.61
Market Cap C$ 1,592,894,306
Recent Sedar Documents

FP says Canfor, other hear USMCA may see changes

2018-11-08 08:01 ET - In the News

See In the News (C-CFP) Canfor Corp

The Financial Post reports in its Thursday, Nov. 8, edition that trade issues that played a minor role among voters in the United States midterm elections are poised to become one of the first points of conflict between President Donald Trump's administration and a newly elected House of Representatives, analysts say. The Post's Naomi Powell writes that among the early items likely to be caught in the crossfire: the United States-Mexico-Canada agreement, which still needs to be ratified by the three countries before it takes effect. Washington-based Peterson Institute for International Economics senior fellow Gary Hufbauer says: "I think USMCA will get through Congress but it will be very difficult. The Democrats will want to change it and given their majority, which looks to be pretty strong, they can still lose a few votes and hold up the ratification process. It's not going to be easy." Following a tumultuous few weeks of campaigning, Republicans strengthened their hold on the Senate by adding three seats while the Democrats won a majority in the House of Representatives, gaining seats from coast to coast -- and enough power to challenge many of Mr. Trump's policy moves.

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