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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 75,886,806
Close 2017-09-19 C$ 69.47
Market Cap C$ 5,271,856,413
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Globe says Canfor, others hear NAFTA a hot-button issue

2017-09-19 07:14 ET - In the News

See In the News (C-CFP) Canfor Corp

The Globe and Mail reports in its Tuesday, Sept. 19, edition that the Trudeau government has a startling number of critical issues on its plate, and one of them is the North American free-trade agreement renegotiations. A Globe editorial says President Donald Trump has threatened to kill NAFTA if it does not get renegotiated in America's favour. Mr. Trump, however, is also for the deportation of the children of immigrants, and against it; is a Republican and also a Democrat; and may build a wall on the Mexican border or just renovate parts of it. In other words, please be patient. Ottawa is doing its best. It has done a smart job of building alliances with the right people in the U.S., and our negotiators have stuck to their guns on important NAFTA clauses. No one should lose sight of the fact that this is a critical moment for Canada. Any failure of the NAFTA talks would punch a big hole in our economy -- one that would make the closing of a loophole here or there feel like a gnat bite in comparison. The Globe says it would feel better if the Trudeau government was able to focus on NAFTA alone, and was not going to be distracted by controversies it has inflicted on itself.

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