Machinery and steel industries, dairy and poultry sectors, banking and telecommunications could all benefit if Canada is able to work out the details around NAFTA and other potential new trade deals with the US.
Former Canadian diplomat Colin Robertson will address the uncertainty a Trump Administration has created between the US and Canada Wednesday during the 2017 Tansley Lecture in Regina.
Robertson says Trump is in the process of making a large infrastructure purchase on pipelines and other projects which could benefit our province’s machinery and steel sectors, but the “Buy America” restriction prevents that opportunity.
He notes some of those things were worked out in Trans-Pacific Partnership talks, which has been scrapped, but they may be transferrable to NAFTA when it comes up for re-negotiation.
Robertson says there are also opportunities to ensure products being traded don’t have to face two inspections. Especially with automotive products, he adds they could be inspected before shipping and get a special seal that would fast-track them across the border.
Otherwise, he feels the same should go for workers of companies that operate on both sides of the border. Right now, Canadians going down to the US for training have to get a work VISA, but Robertson says it would be easier if that wasn’t needed.