While it’s too early to assess the full impact on China, where national holidays have been extended and the central city of Wuhan has been locked down, it’s already clear the virus is hurting consumption and tourism.
China has purchased Australian, Canadian and French wheat as Beijing looks to fill import quotas set by the World Trade Organization, according to people familiar with the matter.
“The United States is not a reliable partner at present and it’s using its bully(ing) ability in order to push around everybody that it does business with. That means we’ve got to have as many other friends as we can.”
RBC Dominion Securities analyst Paul Quinn says Canada is the second-largest newsprint supplier to India, with Montreal-based Resolute Forest Products a notable exporter to the country.
Freeland spelled out the math of the minority government in the House of Commons after tabling a notice that the Liberals will introduce enabling legislation for the trade pact later this week.
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