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Navdeep Bains talks Canada-U.S. trade with Peterborough business leaders

Click to play video: 'Innovation minister visits Peterborough'
Innovation minister visits Peterborough
Navdeep Bains, the federal Minister of Innovation, Science and Economic Development met with business leaders at Trent University on Wednesday afternoon. It was a chance for the minister to outline the government's stance in a number of areas and as Steve Guthrie tells us, it was also a chance for the business community to ask him some direct questions – Jul 26, 2018

Navdeep Bains spoke Wednesday morning to a group of Peterborough business owners at Trent University.

The current conflict between the U.S and Canada over trade and tariffs was one topic brought up to Navdeep Bains Economic development specialist Jay Amer told the minister about his concerns over the risk to the millions of dollars worth of trade between Ontario and New York State because of the battles between the two federal governments.

“It’s important to see the minister talk about trade support programs that are going into place. Looking at the big picture is important, but also looking at Americans and Canadians working very well together, ensuring this trade continues while this disruption goes on,” Amer said.

Bains said negotiations are ongoing and both sides recognize the long-standing trade partnerships between Ontario and New York.

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“We are not going to lose our cool. We’re going to be very thoughtful, very smart, to continue to do business. We’re really going to advance those relationships we have had for decades with the U.S.,” Bains said.

Bains also commended Trent University’s work in innovation in the sciences and outlined the federal government’s plans to help move their discoveries into the marketplace.

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