Canadian Recycling Industry Domestic and
Author : yoshiko-marsland | Published Date : 2025-05-24
Description: Canadian Recycling Industry Domestic and International Market Outlook Jack Mintz Presidents Fellow School of Public Policy University of Calgary and National Policy Advisor EY Topics World and Canadian economic growth Commodity prices
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Transcript:Canadian Recycling Industry Domestic and:
Canadian Recycling Industry Domestic and International Market Outlook Jack Mintz President’s Fellow, School of Public Policy, University of Calgary and National Policy Advisor, EY Topics World and Canadian economic growth Commodity prices Trade in recycled materials: trends Policy opportunities and risks 17-06-10 Canadian Association of Recycling Industries 2 Global Economic Forecast: Better times ahead? (GDP growth %, constant 2010 USD) 17-06-10 Canadian Association of Recycling Industries 3 Source: World Bank (2017) Canadian, U.S. and China Growth (GDP growth, constant 2010 USD) 17-06-10 Canadian Association of Recycling Industries 4 Source: World Bank (2017) Historical Scrap Metal Prices : Aluminum and Copper 17-06-10 Canadian Association of Recycling Industries 5 Source: U.S. Geological Survey (2017) Historical Scrap Metal Prices : Iron & Steel 17-06-10 Canadian Association of Recycling Industries 6 Source: U.S. Geological Survey (2017) Commodities Price Forecast (nominal US dollars) 17-06-10 Canadian Association of Recycling Industries 7 Source: World Bank (2017) 17-06-10 Canadian Association of Recycling Industries 8 Canada Trade Balance in Scrap Metal and Non Metal Market ( $ Million) Source: Authors Calculation Statistic Canada (2017) Canada Scrap Metal and Non Metal Trade in 2016 ($ Million) 17-06-10 Canadian Association of Recycling Industries 9 Source: Statistic Canada (2017) Top Export Market for Canada Scrap Products 17-06-10 Canadian Association of Recycling Industries 10 Source: Authors Calculation from Statistic Canada Data Important Policy Developments U.S. Trade Reform U.S. Tax Reform Carbon Policy 17-06-10 Canadian Association of Recycling Industries 11 Trade Issues Key points of concern: U.S. administration will want “winners”. Will be hard for Mexico to make even modest changes. This could be fast-tracked. Key document will be survey of trade issues to be published soon. Unilateral ability for each NAFTA leader to withdraw from NAFTA (not requiring Congress approval for example). Could be a “nuclear option”. U.S. looks at current rules as being unfair to them. Hence will push for trade reforms to deal with these points. Could be useful to use TPP settlements. Some policies easy to adopt but could be a model for other negotiations: eg. arbitration agreement for undervaluation of currency or currency manipulation and trade balances provision. 17-06-10 Canadian Association of Recycling Industries 12 U.S. List of Issues of Concern Major priorities for U.S. Auto Agriculture Others: Broadcasting Promise doctrine and patents Data flow/privacy limitations by some provinces. If now border adjustments under corporate tax, may ask Mexico and Canada to eliminate their border adjustments. Trade in services:
