STELLARTON - At a roundtable discussion on Oct. 26, Justice Minister Peter MacKay said the Canadian-European free trade agreement allows Nova Scotia to be recognized for its superior meats, seafood, produce and manufactured goods.
© AMANDA JESS - THE NEWS
Peter MacKay hosted a roundtable discussion with local industry and commerce representatives at the Museum of Industry in Stellarton on Oct. 26 about Nova Scotia’s potential benefits in relation to a Canadian-European free trade agreement.
MacKay met with local industry and commerce representatives to go over how it would benefit them, the province and the country.
“From lobster to beef, to paper and plastic, all of these commodities will see an increase in production, export, and demand,” he said during his remarks at the Museum of Industry.
The Canada Economic and Trade Agreement would eliminate tariffs on many of Nova Scotia’s exports, including seafood and forestry products, when the agreement comes into force.
He named North Nova Seafood, Levy’s Leathers and Velsoft Technologies as industries that could benefit from it.
“Nova Scotia’s products are some of the best in the country. You’ll be hard-pressed to find better scallops anywhere else.”
MacKay said one out of every five Canadian Jobs are related to exports, especially in Atlantic Canada. He expects this agreement will help create jobs and growth.
“These new jobs will help put food on Nova Scotian tables, by putting Nova Scotian goods in the hands of European consumers.”
He said the conclusion of CETA leads to achieving other trade agreements with India, Japan and China.
“We know that companies like Tangier Lobster, River’s Bend Wood Products, and Carrondale Farms can compete and can win in global markets.”
The Canada-EU joint study in 2008, which supported the start of negotiations, showed that an agreement could bring Canada a 20 per cent increase in bilateral trade and a $20 billion annual income increase for the economy.