Saskatchewan Chamber of Commerce Heads South of the Border in Support of Open Trade with No Barriers
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1 Saskatchewan Chamber of Commerce Heads South of the Border in Support of Open Trade with No Barriers Chamber meeting with Group of North Dakota Chambers to Promote Trade amidst Tariffs Regina, July 9, 2018 Today, Steve McLellan, CEO of the Saskatchewan Chamber of Commerce is meeting with partners in the North Dakota chamber network as we continue to advocate the value of open trade borders despite the recent steel and aluminum tariffs imposed by the US government and subsequent retaliatory measures taken by the Canadian government. Trade between neighbours has always been important and our relationship with our closest neighbours is critical, said Steve McLellan, CEO Saskatchewan Chamber of Commerce. Trade is also a two-way street and fair trade has been the focus of much of our efforts in the last couple years. This trip will reinforce our position and our relationship with our chamber colleagues across the border. Here in Saskatchewan, exports to North Dakota totalled over $518 in, while our province imported nearly $1.6 billion over the same period. Since North Dakota currently has a trade surplus of over $1 billion per year with Saskatchewan, it is clearly in their best interest to maintain a positive relationship when it comes to cross-border trade. Joining the SCC on the trip south of the border is the Manitoba Chambers of Commerce (MCC). The group will meet with representatives from the Minot, Grand Forks, Bismark, and Greater North Dakota Chambers of Commerce. While we (MCC) support the decision by the Prime Minister, we strongly believe adding barriers to trade will result in no winners, and only add to increased and unneeded tensions between our two countries, said Chuck Davidson, President and CEO of the Manitoba Chambers of Commerce. North Dakota is our closest trading partner and we, as a chamber network, must continue to share the importance of trade and not let tariffs impact businesses in our two jurisdictions. The Saskatchewan Chamber of Commerce serves as the Voice of Business and represents the interests of 10,000 businesses across the province through the Chamber network. 30 For additional information, please contact: Steve McLellan Cory Kolt CEO, Saskatchewan Chamber of Commerce Director of Policy and Communications smclellan@saskchamber.com ckolt@mbchamber.mb.ca
2 Total $CAD Value of Imports Total $CAD Value of Imports Importance of Trade with North Dakota The trade relationship between Saskatchewan, Manitoba, and North Dakota is critical to our businesses and industry sectors. Our close relationship is more than where we are situated on our map. It accounts for s of dollars for tourism, agriculture, clothing, and much more. The current trade dispute resulting in tariffs on trade products hurts our businesses and the men and women who rely on domestic and global trade. Imports Total Value of Imports from North Dakota to Saskatchewan $1,800,000, $1,600,000, $1,575,999, $1,400,000, $1,200,000, $1,000,000, $800,000, $0.00 $728,465, $909,164, Imports from North Dakota to Saskatchewan $1,400, $1,200, $1,000, $800, $600, $400, $200, $- Total Value of Imports from North Dakota to Manitoba $1,196, $1,255, $913, Imports from North Dakota to Manitoba
3 Total #CAD Value of Exports Total Value of Imports from North Dakota to Canada () Exports Total Value of Exports from Saskatchewan to North Dakota $800,000, $704,769, $700,000, $500,000, $300,000, $100,000, $0.00 $416,197, $518,393, Exports from Saskatchewan to North Dakota
4 Total #CAD Value of Exports $700,000, $500,000, Total Value of Exports from Manitoba to North Dakota $641,491, $525,744, $496,334, $300,000, $100,000, $- Exports from Manitoba to North Dakota Overall Canada/North Dakota Trade Data 28,500 jobs in North Dakota depend on trade & investment with Canada North Dakota sells more goods to Canada than to all other countries combined Total North Dakota Exports to Canada Threatened by New Tariffs: $24,962,155 Plywood, Veneer Panels & Similar Lam-Wood: $12,747,483 Tubes, Pipes Etc, Iron/Steel Welded: $1,808,934 Flat rolled Iron or steel MM Thick: $1,735,973
5 North Dakota exports to Canada by industry Agriculture: 11% Chemicals: 4% Energy: 70% Equipment & machinery: 8% Transportation: 4% Other: 3% Top North Dakota goods exports to Canada Crude petroleum: $1.8 billion Fuel oil: $1.1 billion Natural gas & other gases: $161 Tractors: $128 Agricultural machinery: $119 Beverages & alcohol: $116 Organic chemicals: $91 Animal feed & food industry residues: $73 Cereals: $71 Oil seeds: $62 Top North Dakota services exports to Canada Transportation services: $20 Business, professional & technical services: $18 Travel: $18 Royalties: $10 Equipment installation, maintenance & repair: $10 North Dakota imports from Canada by industry Agriculture: 22% Chemicals: 15% Energy: 10% Equipment & machinery: 18% Forest products: 3% Minerals & metals: 11% Transportation: 11% Other: 10% Top North Dakota goods imports from Canada Oil seeds: $144 Fertilizers: $117 Cereals: $87 Iron & steel tubes, pipes & sheets: $85 Inorganic chemicals: $80 Motor vehicle parts: $75 Natural gas & other gases: $71 Agricultural machinery: $68 Compressors & pumps: $55 Vegetables: $50 North Dakota Canada Tourism ND visits by Canadians: 677,000 ND vacation spending by Canadians: $160 ND visits to Canada: 149,000 ND vacation spending in Canada: $17
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