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MI SR0171
Resolution
AI Summary
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Urges the Office of the United States Trade Representative to ensure World Trade Organization compliance regarding government funding of McInnis Cement and its Port-Daniel-Gascons cement plant in Québec, Canada.
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Quebec government has provided C$250 million in guaranteed loans and C$100 million in equity investment through Investissement Québec, plus an additional C$100 million equity investment from the Caisse de dépôt et placement du Québec to McInnis Cement.
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States the new cement plant is designed to export the majority of its production to the United States despite Quebec's already oversaturated cement market.
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Expresses concern that the government-funded foreign cement operation threatens Michigan's private cement industry and jobs during economic recovery.
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Directs transmission of the resolution to the President of the United States, the Office of the United States Trade Representative, and Michigan's congressional delegation.
Legislative Description
A resolution to urge the Office of the United States Trade Representative to ensure that no World Trade Organization rules are violated in regard to government funding of McInnis Cement and the Port-Daniel-Gascons cement plant in Québec, Canada.
World Trade Organization
Last Action
Adopted
10/22/2014