{"page":"\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/resources-572d6a42.css\" /\u003e\n\u003clink rel=\"stylesheet\" href=\"https://lessonplanet.com/assets/packs/css/lp_boclips_stylesheets-f4d0de30.css\" media=\"all\" /\u003e\n\u003cdiv data-title='Canada finance minister at Chamber of Commerce' data-url='/boclips/videos/5c54bb6ed8eafeecae12506f' data-video-url='/boclips/videos/5c54bb6ed8eafeecae12506f' id='bo_player_modal'\u003e\n\u003cdiv class='boclips-resource-page modal-dialog panel-container'\u003e\n\u003cdiv class='react-notifications-root'\u003e\u003c/div\u003e\n\u003cdiv class='rp-header'\u003e\n\u003cdiv class='rp-type'\u003e\n\u003ci aria-hidden='true' class='fai fa-regular fa-circle-play'\u003e\u003c/i\u003e\nVideo\n\u003c/div\u003e\n\u003ch1 class='rp-title' id='video-title'\u003e\nCanada finance minister at Chamber of Commerce\n\u003c/h1\u003e\n\u003cdiv class='rp-actions'\u003e\n\u003cdiv class='mr-1'\u003e\n\u003ca class=\"btn btn-success\" data-posthog-event=\"Signup: LP Signup Activity\" data-posthog-location=\"body_link_boclips\" data-remote=\"true\" href=\"/subscription/new\"\u003e\u003cspan\u003e\u003cspan\u003eGet Free Access\u003c/span\u003e\u003cspan class=\"\"\u003e for 10 Days\u003c/span\u003e\u003cspan\u003e!\u003c/span\u003e\u003c/span\u003e\u003c/a\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-body'\u003e\n\u003cdiv class='rp-info'\u003e\n\u003cdiv aria-label='Hide resource details' class='rp-hide-info' role='button' tabindex='0'\u003e\u0026times;\u003c/div\u003e\n\u003ci aria-label='Expand resource details' class='rp-expand-info fai fa-solid fa-up-right-and-down-left-from-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003ci aria-label='Compress resource details' class='rp-compress-info fai fa-solid fa-down-left-and-up-right-to-center' role='button' tabindex='0'\u003e\u003c/i\u003e\n\u003cdiv class='rp-rating'\u003e\n\u003cspan class='resource-pool'\u003e\n\u003cspan class='pool-label'\u003ePublisher:\u003c/span\u003e\n\u003cspan class='pool-name'\u003e\n\u003cspan class='text'\u003e\u003ca data-publisher-id=\"30356011\" href=\"/search?publisher_ids%5B%5D=30356011\"\u003eCurated Video\u003c/a\u003e\u003c/span\u003e\n\u003c/span\u003e\n\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv class='rp-description'\u003e\n\u003cspan class='short-description'\u003e1. Canadian Finance Minister Jim Flaherty standing up and walking to podium during meeting of Canadian Chamber of Commerce in Mexico City, audience clapping2. Wide of guests3. Wide of Flaherty at podium4. SOUNDBITE: (English) Jim...\u003c/span\u003e\n\u003cspan class='full-description hide'\u003e1. Canadian Finance Minister Jim Flaherty standing up and walking to podium during meeting of Canadian Chamber of Commerce in Mexico City, audience clapping\u003cbr/\u003e2. Wide of guests\u003cbr/\u003e3. Wide of Flaherty at podium\u003cbr/\u003e4. SOUNDBITE: (English) Jim Flaherty, Canadian Finance Minister:\u003cbr/\u003e\"Prime Minister Harper has made it clear that our view on NAFTA (North American Free Trade Agreement) is that it's an excellent agreement for Canada, Mexico and the United States as partners, that it has been successful and that it has resulted in major investment, that it has resulted in employment gains in all three of our nations. So our view is that we don't need to re-open NAFTA. But were it to be reopened, as the Prime Minister has said, we would want to put a couple of issues on the table relating, of course, to energy.\"\u003cbr/\u003e5. Flaherty at podium\u003cbr/\u003e6. Wide of Flaherty during meeting with reporters\u003cbr/\u003e7. SOUNDBITE: (English) Jim Flaherty, Canadian Finance Minister:\u003cbr/\u003e\"The housing recession in the United States has a direct effect on consumer spending and consumer confidence in the United States, and that has a direct effect on the sale of automobiles, for example. And about 85 per cent of the motor vehicles assembled in Canada are exported to the United States, and the demand, particularly for trucks and SUVs, has declined dramatically.\"\u003cbr/\u003e8. Zoom in on Flaherty leaving\u003cbr/\u003eCanadian Finance Minister Jim Flaherty reiterated the country's support for the North American Free Trade Agreement (NAFTA) during a speech on Wednesday at a meeting of the Canadian Chamber of Commerce in Mexico City.\u003cbr/\u003eDuring a conference entitled, \"How Canada is preparing to confront the global challenges of the future,\" Flaherty echoed Prime Minister Stephen Harper's position that the trade agreement should be left as it is.\u003cbr/\u003e\"Our view on NAFTA is that it's an excellent agreement for Canada, Mexico and the United States as partners, that it has been successful and that it has resulted in major investment, has resulted in employment gains in all three of our nations. So our view is that we don't need to re-open NAFTA,\" he said. \u003cbr/\u003eFlaherty, who attended the pan-American meeting of finance ministers in Cancun on Tuesday, also hinted that the attention being paid to the agreement recently is due to the election year in the US. \u003cbr/\u003eDemocratic presidential candidate Barack Obama, among others, has called for the re-opening of the 1992 agreement to negotiate more favourable terms for American workers. \u003cbr/\u003eFlaherty said if it were reopened \"we would want to put a couple of issues on the table relating, of course, to energy.\" \u003cbr/\u003eThe minister also told reporters that Canada's automobile industry has been hit hard by the downturn in the US economy.\u003cbr/\u003e\"About 85 per cent of the motor vehicles assembled in Canada are exported to the United States, and the demand, particularly for trucks and SUVs, has declined dramatically.\"\u003cbr/\u003e\u003c/span\u003e\n\u003c/div\u003e\n\u003cdiv 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