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Results: 1 - 15 of 628
View Russ Hiebert Profile
CPC (BC)
Hi. Thank you again for being with us.
I was wondering if you could elaborate on this comparison between our current approach to economic diplomacy as it's laid out in the GMAP versus what the Liberals did in the past under Jean Chrétien and his Team Canada missions. What are your thoughts? How would you compare the two initiatives?
View Russ Hiebert Profile
CPC (BC)
In your remarks, you made the suggestion that SMEs could penetrate these foreign markets by working with larger companies. Could you explain the nature of that relationship? How would that work? Certainly if they're competitors, that might be awkward. Have you seen examples of joint ventures or smaller companies taking advantage of the supply chain relations that these larger companies currently have?
View Russ Hiebert Profile
CPC (BC)
Fair enough.
In your document, you highlight a difference between a country brand and a made-in brand. I see that Canada has a fairly strong country brand. I think we're listed second after Switzerland, but we don't have as much of a strong made-in brand.
Could you elaborate for the committee the significance of that difference and what would need to be done to address that difference?
View Russ Hiebert Profile
CPC (BC)
I think you commented positively on linking trade with aid in your earlier remarks. Although historically those have been separated in recent years—some people say for good reason—you don't want to tie what would normally be humanitarian aid to a particular country with trade relations, contracts, treaties, and that sort of thing. Are there pros and cons to this, or is it clearly a one-sided positive relationship to link trade and aid?
View Russ Hiebert Profile
CPC (BC)
Thank you.
I'll continue that line of questioning.
Mr. Gupta, you talked about the importance of access to markets, to capital, and to talent. All of us have been talking about access to markets, the use of the TCS to connect businesses to businesses.
From my experience on the trade committee for several years now, and having done a fair amount of travel overseas, I've seen that happen. I've seen our trade commissioner service actually tracking this data, and there's probably more that needs to be done there. But simply throwing more resources at them, I don't think is always the answer either.
I mean, we've heard complimentary things about the TCS for many years now at this trade committee, but the reality is that these are temporary postings. These people aren't there for the rest of their lives, except for the locally engaged staff. They're typically there for two or three years. It takes them a year simply to re-connect with the connections that the previous trade commissioner service established, and then they have about a year and a bit before they start thinking of their next posting. So there is this transitional complication that's added to this.
I want to open it up to all three of the presenters today to talk about the follow-up side, because I think, Ms. Wright, you're absolutely correct, we're good at aspirational objectives here, but the hard work is getting it done and concluding it.
I don't disagree with my colleague, Mr. Pacetti, in terms of the challenges that SMEs face. It's exactly as he described, where they will be distracted by urgent situations.
With the time we have left, all three of you, how would you increase the access to capital?
We'll start with you, Mr. Gupta. How would you make Canada a more attractive place for this international talent you have identified?
View Russ Hiebert Profile
CPC (BC)
Is there an opportunity for more joint ventures internationally between SMEs that don't have the natural resources to penetrate the markets, to connect them with companies in China, let's say, or in India, to keep that relationship alive? Once you have somebody on the other side of the world who you're committed to doing business with, you can't really let urgent matters distract you from that relationship because it's valuable to you.
Is there some way we can facilitate those kinds of relationships?
View Russ Hiebert Profile
CPC (BC)
Mr. Quick, we had testimony earlier today about Canadian trade to other countries in comparison to the U.S. and the European Union. We were given numbers as they relate to our foreign trade since 2006.
Can you tell us how exports have been in the aerospace industry since 2006? How do they compare to your competitors from the EU and the United States?
View Russ Hiebert Profile
CPC (BC)
How does your trade compare to your competitors, is what I'm asking.
View Russ Hiebert Profile
CPC (BC)
You mentioned in your testimony that trade with Korea dropped dramatically after the U.S.-Korea free trade agreement. Can you explain what it was precisely that explained that drop? Was it simply a reduction in tariffs that made the U.S. more competitive? What was it?
View Russ Hiebert Profile
CPC (BC)
Okay.
I have just a few minutes.
Mr. Quick and Mr. Cameron, would you comment briefly—perhaps in a few seconds—are you in favour of economic diplomacy using our embassies and consulates to do business, or, like one of the other witnesses we had today, are you skeptical of this approach?
View Russ Hiebert Profile
CPC (BC)
Apart from real estate though, do you like the merger or the mixing of business and politics, or are you not in favour of that?
View Russ Hiebert Profile
CPC (BC)
Mr. Cameron, I'm going to draw you back to an article you wrote about 10 years ago. It's called “All Debt Is Not Made Equal”. You make some comments in there that I find quite interesting. You refer to foreign owners and foreign investors as “absentee landlords”. You're quite negative about the prospect of foreign companies owning assets in Canada. It makes me wonder how you feel about Canadian companies owning assets in other jurisdictions. Are your views reciprocal?
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