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West Fraser Timber Co Ltd
Symbol WFT
Shares Issued 75,600,215
Close 2018-04-04 C$ 89.41
Market Cap C$ 6,759,415,223
Recent Sedar Documents

Globe says Linamar, others see NAFTA optimism rise

2018-04-05 06:33 ET - In the News

See In the News (C-LNR) Linamar Corp

The Globe and Mail reports in its Thursday, April 5, edition that there is a new rush of optimism on NAFTA, a sprint to strike an agreement-in-principle before the Summit of Americas in Peru next week. The Globe's Campbell Clark writes that the rush job is possible only because the United States, Canada and Mexico are talking about part of a deal, not the whole thing. The idea is to take some key points of agreement, particularly in the auto sector, and tie them up in a package with a political message. The message is, "this deal can be done." The caveat is that still requires President Donald Trump to make some concessions on so-called poison pills. For Canada, that means the U.S. must soften on independent settlement of disputes between countries. There is no template for what an agreement-in-principle actually is. Mr. Campbell says it is a term of convenience, a political description designed to indicate the talks are on track, but an agreement-in principle will not bind the three countries to conclude the renegotiation of the North American free-trade agreement. Part of the talks on now are about what should be in an agreement-in-principle. That actually makes it easier to strike a deal by next Friday.

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