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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 78,455,760
Close 2016-06-28 C$ 36.39
Market Cap C$ 2,855,005,106
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Globe says Canfor, rivals hear NAFTA faces skepticism

2016-06-29 08:24 ET - In the News

See In the News (C-CFP) Canfor Corp

The Globe and Mail report in its Wednesday, June 29, edition that in Canada the North American free-trade agreement appears to be tarnished by skepticism and ambivalence. The Globe's guest columnists Shachi Kurl and Carol Dade write that fewer than 10 per cent of Canadians would like to see the deal scrapped. On the other hand, only 25 per cent think it has been a net benefit to Canada. That is not to say that most Canadians think NAFTA has hurt the country. Rather, that is the view of another 25 per cent of the population. The rest either think the deal has had no effect either way, or are not sure what the impact has been. Most Canadians say trade should be the focus of foreign policy. Canadians consistently support proposed free-trade pacts. When asked whether Canada should be pursuing a closer relationship with the United States and Mexico, large majorities say yes to both. Clearly, the idea of a North American trade agreement is a popular one. Today, when Canadians are asked what should be done with NAFTA, the most popular response is "renegotiate it." One in three Canadians would like that to happen, while about 20 per cent say it should be strengthened and expanded.

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