Oversight of the United States-Canada Free Trade Agreement: Hearings Before the Committee on Foreign Affairs and Its Subcommittees on International Economic Policy and Trade, and on Western Hemisphere Affairs, House of Representatives, One Hundredth Congress, Second Session, February 25 and March 16, 1988

Front Cover

From inside the book

What people are saying - Write a review

We haven't found any reviews in the usual places.

Other editions - View all

Common terms and phrases

Popular passages

Page 90 - I am for it, because I hope to see the day when the American flag will float over every square foot of the British North American possessions clear to the north pole!
Page 138 - NEB has insisted that electricity be off erred to neighboring Canadian provinces before an export license is approved. c. Exporters were required to demonstrate that the price they were charging would not be less than the least cost alternative in the purchasing utility's franchise area. This third test is eliminated by the terms of the US-Canada Free Trade Agreement, thus helping to assure that the imported electricity will be priced at market rates. 3. Third, subsidies provided to Canadian electric...
Page 133 - ... basis, the next lowest and oil the highest. Under the pricing arrangement for electricity from Hydro Quebec, that electricity is almost always cheaper than oil, and has displaced the highest cost fossil-fueled source which, except for the short period during 1986. has been oil — NOT coal. Attachment *3 to this statement Illustrates NEPOOL's Load Duration Curve & Fuel Mix of Generation. This graph shows the mix of generation sources according to variable cost — with domestic hydro being lowest,...
Page 90 - ... December 1987 (enacted in January 1989) also became a great source of concern among countries in the Asia Pacific region. US Trade Representative, Yeutter ( 1988:98), stated during the negotiations for the agreement: Our preference is the multilateral route ... but if the multilateral route should prove fruitless for any one of a variety of reasons, this certainly indicates that we can achieve success bilaterally and that we are prepared to pursue these basic objectives on a bilateral basis should...
Page 135 - Allow for free trade in uranium, including elimination of the Canadian requirement that uranium exports be upgraded in Canada, and the US will continue its policy of not imposing restrictions on domestic enrichment of Canadian uranium. F. PROTECTIONIST MEASURES APPLIED TO ENERGY IMPORTS HOULD HARM US ECONOMIC INTERESTS. During the past 3 years, your Committee has held a number of important hearings on potential protectionist measures that might be applied to certain sources of imported energy. I...
Page 52 - ... plus handling, storage and other costs. This will prevent the use of practices such as dual pricing. The Agreement will not limit other forms of production subsidies. in either country. Canada has agreed to exclude from the transport rates established under the Western Grain Transportation Act (WGTA) agricultural goods originating in Canada and shipped via West Coast ports for consumption in the US These subsidies were instituted by Canada in 1984 as an expansion of the Crow's Nest Act. It is...
Page 90 - There is a bit of leverage here, in that it indicates to the rest of the world that we, the United States, can make progress in opening up borders and confronting trade barriers either bilaterally or multilaterally. Our preference is the multilateral route...
Page 142 - ... of industrial structure, geography, division of powers among levels of government and many other ways. It is unfair to pick out one part of US environmental regulation in isolation and seek an identical requirement in the Canadian system to determine relative stringency of the requirements. b. Looking for a Canadian counterpart for the US New Source Performance Standards (NSPS) — which, in effect, require Installation of scrubbers — is unrealistic. It must be kept In mind that adoption of...
Page 135 - ... of the US -Canada Free Trade Agreement in assuring that Canada will continue to be a secure source of low cost energy for the US and a good market for US products. Instead, I will merely mention several of the provisions pointed out by Department of Energy Officials that have special importance in New England. These particularly important features of the Agreement are: . Eliminate discriminatory pricing in energy trade, assuring that consumers in both countries are treated equitably; . Prohibit...
Page 138 - Canadian electricity sales to US utilities are market-priced. Prices for Canadian electricity are negotiated on an "arms length" basis between the Canadian utility and the US utility purchaser. Those negotiations typically take into account the alternative sources of electricity available to the...

Bibliographic information