03:12:08 EDT Thu 25 Apr 2024
Enter Symbol
or Name
USA
CA



West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 75,600,215
Close 2018-04-03 C$ 87.95
Market Cap C$ 6,649,038,909
Recent Sedar Documents

FP/wire say Canfor, others hear NAFTA deal in the works

2018-04-04 07:56 ET - In the News

See In the News (C-CFP) Canfor Corp

The Financial Post reports in its Wednesday, April 4, edition that three unnamed sources say the Trump administration is pushing for a preliminary North American free-trade agreement deal to announce at a summit in Peru next week. A Bloomberg dispatch to the Post reports that the White House wants leaders from Canada and Mexico to join in unveiling the broad outlines of an updated pact at the Summit of the Americas that begins April 13, while technical talks to hammer out the finer details and legal text could continue, sources say. The three nations face a challenge to meet the United States' goal because major divisions remain, including on the U.S. proposal for more North American content in automobiles. The White House declined to comment on plans to announce an accord for NAFTA. On Tuesday morning, President Donald Trump took to Twitter and reiterated a threat to pull out of NAFTA if Mexico does not stop people and drugs from flowing into the U.S. from Central America. He also said U.S. aid to foreign nations, such as Honduras, could be at stake. Mr. Trump tweeted: "Cash cow NAFTA is in play, as is foreign aid to Honduras and the countries that allow this to happen. Congress MUST ACT NOW!"

© 2024 Canjex Publishing Ltd. All rights reserved.