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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 75,643,917
Close 2017-12-29 C$ 77.57
Market Cap C$ 5,867,698,642
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Globe says Magna, rivals hear Canada keeps options open

2018-01-02 09:17 ET - In the News

See In the News (C-MG) Magna International Inc

The Globe and Mail reports in its Tuesday edition that Mexico's business class is fretting over the U.S. pulling out of the North American free-trade agreement. The Globe's Adrian Morrow writes that Mexico's political elites, meanwhile, combine hope that the two countries will successfully hold the line on Washington at the NAFTA bargaining table with fear that Ottawa will throw them under the bus to save its own relationship with the U.S. Canada and Mexico have been in close contact behind the scenes as the negotiations unfold. Foreign Minister Chrystia Freeland speaks weekly with Mexican Economy Minister Ildefonso Guajardo. She is also in regular touch with Foreign Minister Luis Videgaray. Mr. Videgaray's chief of staff, Narciso Campos, meanwhile, speaks with his counterpart in Ms. Freeland's office, Jeremy Broadhurst, and Brian Clow, the head of the NAFTA unit in the Prime Minister's office. The relationship, however, is not all roses. While Mexico wants the two countries to work together, Canada has been careful to leave open the option of a bilateral deal with the U.S. During visits to Washington and Mexico City this fall, Prime Minister Justin Trudeau made no public commitment to stick with Mexico to the end.

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