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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 75,885,350
Close 2017-07-18 C$ 64.05
Market Cap C$ 4,860,456,668
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Globe says Canfor, others see U.S. post list of demands

2017-07-19 08:41 ET - In the News

See In the News (C-CFP) Canfor Corp

The Globe and Mail reports in its Wednesday edition that after Donald Trump's bluster about trade deals, it was expected the U.S. would go into the North American free-trade agreement talks with steep demands. A Globe editorial says unlike a traditional Republican, Mr. Trump essentially ran against free trade, portraying it as a zero sum game, where you are either a winner or a loser. On Monday, U.S. Trade Representative Robert Lighthizer released the administration's aims for the renegotiation of NAFTA. The Globe says the list of demands does not match the fire-breathing rhetoric of a few months ago. Mr. Lighthizer's shopping list comes as a relief: His goal is merely injuring NAFTA, not killing it. The Globe says this is progress. Some of what the U.S. wants, Canada can benefit from. Some of it is problematic. At the top of the list is a call to get rid of the binational dispute settlement mechanism. The Globe says as part of the horse-trading process, the Canadian government needs to come up with a long list of demands of its own. Things can always go off the rails. The NAFTA weather forecast, formerly a tornado warning, has been revised down to mild rain showers, with a chance of sun.

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