The Canadian aluminum industry applauds . The stage is set: Quebec must
now ensure success!
MONTREAL, Oct. 18, 2013 /CNW Telbec/ - "The free trade agreement with
Europe is an unprecedented growth opportunity for the Canadian aluminum
industry because it will drive the gradual elimination of tariffs on
aluminum imports, such as, 7% on rods, 6% on billets, foundry and
slabs, as well as 3% on remelt," said Jean Simard, President and Chief
Executive Officer, Aluminum Association of Canada, at the signing of
the memorandum of understanding for a possible Canada-Europe free trade
agreement. "We look forward to the signing of the agreement as it will
open the door to a large-scale market for Canadian aluminum
On behalf of Canada's aluminum industry , Mr. Simard applauds the
excellent work accomplished by the Canadian and Quebec government
negotiators, the Honourable Ed Fast, Minister of International Trade,
and the Honourable Pierre-Marc Johnson, mandated to represent Quebec.
As Mr. Simard points out, however, this anticipated growth is dependent
on a competitive energy offering or, in other words, winning conditions
for the industry.
Lower-cost competition already in place
About 70% of the aluminum produced in Canada is value added: rods and
alloys could supply, in particular, the European automobile market, as
well as other niche markets currently coveted by the Middle East. Over
the last five years, the Middle East has tripled its capacity,
producing four million tonnes in 2012 and surpassing Quebec's capacity,
at an energy cost of two cents per KWH to ensure local growth.
Exporting our energy and creating value in Quebec
"Now that the stage is set, we encourage the Government of Quebec once
again to use our clean, renewable energy to take advantage of these new
markets by exporting our energy through value-added aluminum products
manufactured by our plants," says Mr. Simard.
Quebec must focus on entering into a free trade agreement with Europe by
providing local winning conditions, such as a competitive energy
offering, for the different industrial sectors. This way, the entire
aluminum value chain will benefit — suppliers, equipment manufacturers
and fabricators — in addition to 5,000 companies throughout Quebec.
About the Aluminum Association of Canada (AAC)
The Aluminum Association of Canada groups together Canada's three
largest producers of aluminum. These companies operate ten aluminum
smelters in Canada, nine of which are located in Quebec, and employ
more than 10,000 people.
SOURCE: Aluminum Association of Canada
For further information:
President and Chief Executive Officer
514-288-4842 or 514-825-6593