October 25, 2005 (38th Parliament, 1st Session)

LIB

Andy Savoy

Liberal

Mr. Andy Savoy

Mr. Speaker, I thank my Bloc Québécois colleague for his question.
One of the options the member mentioned is loan guarantees. It is being considered by the forestry caucus and the member who is chairing it, whom I must commend, the member for Kenora—Rainy River, is looking at this issue. There are some aspects of loan guarantees which must be examined. For example, the issue of countervailability of loan guarantees is an issue that we know is very important in this dispute and that issue has to be examined.
The key issue is also that after the return of $3.5 billion, the disputed ADD and CVD duties, we have to negotiate a long term durable solution that addresses the root of these subsidy allegations. It has to be addressed and considered. As we know, this has been a long process. We have seen this process in place with some type of litigation against Canada since 1986. For 20 years we have seen this action.
The Maritimes have been exempt in the majority of those situations, but I think this speaks to the issue of a long term durable solution that addresses the root of a lot of these subsidy allegations.

Topic:   Government Orders
Subtopic:   Softwood Lumber
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