Mr. Rene Cousineau (Parliamentary Secretary to Minister of Regional Industrial Expansion):
Mr. Speaker, first I would like to commend the Hon. Member for Megantic-Compton-Stanstead (Mr. Tessier) for his interest in this matter after Celanese Canada announced the closing of its Coaticook plant. The Minister and his officials share the concern of the Hon. Member about the economic impact and the consequences of that closedown. According to our information, the company took that decision with a view to consolidating its operations in Drummondville so as to cut costs, improve efficiency, use much more modern equipment, rationalize production and produce more, something which Celanese Canada feel will make the company more competitive.
When the company explained the reasons for closing, Mr. Speaker, they said that it was due to imports of similar products from developed countries, meaning the United States and Japan, not from Korea or Taiwan which are considered as underdeveloped countries. I hope that the expectations of the company will materialize so that it will be in a better competitive position against import products which come from trade
June 28, 1984
partners, as I said a moment ago. I might add that the Government has an assistance program under which the employees which unfortunately have been laid off will be retrained in other fields of specialization.
Topic: PROCEEDINGS ON ADJOURNMENT MOTION
Subtopic: TRADE-TEXTILE AND CLOTHING IMPORTS-GOVERNMENT ACTION TO PROTECT JOBS