In an open letter to the prime minister, Dairy Farmers of Canada (DFC) are calling for Justin Trudeau not to sign the United-States-Mexico-Canada-Agreement (USMCA). The group states the USMCA will create further harm to the Canadian dairy sector. Adding that the trade document still contains, “provisions that would grant the U.S. oversight into the administration of… Read More

Canadians and Americans share the largest border in the world which creates similar opportunities and challenges for farmers no matter where they reside in relation to the 49th parallel. When the Canadian Wheat Board’s single desk fell, Western Canadian growers looked forward to some of the same free market opportunities that American growers in Montana… Read More

The Honourable Jim Carr, Minister of International Trade Diversification, will be in Manitoba November 1. His trip is part of the federal trade diversification strategy that connects “innovative, ambitious and hard-working Canadians” to more global markets. In downtown Winnipeg, the Taste of Trade event will take place in which Carr will meet with agricultural producers, food… Read More

Canada’s federal agriculture minister has struck working groups in relation to recent international trade deals and their impact on Canada’s supply managed sectors. Of note, Agriculture and Agri-Food Canada says that there will be two working groups for dairy. These two groups, comprised of dairy farmers, government, researchers, dairy industry representatives, and processors, will focus on… Read More

A group of self described ‘like-minded’ World Trade Organization (WTO) members met in Ottawa this week. The WTO reform was hosted by Jim Carr, minister of international trade diversification for Canada. Not included in this ‘like-minded’ group was Canada’s closest neighbour and largest trading partner, the U.S. China also not included. The meeting, which took… Read More

As Canadians await discussion of the USMCA in Parliament, United States President Donald Trump is threatening the future of the agreement over a Honduran caravan of asylum seekers heading to the U.S. border through Mexico. With a reported 7,000 caravan riders (and growing) as it passes through Mexico, a possible showdown at the U.S./Mexico border… Read More

Reports last week that Kingston’s Canada Royal Milk plant, owned by Chinese company Feihe International, might be in jeopardy following the signing of USMCA, were alarming and confusing, says the head of Kingtson’s economic development corporation. “There is no immediate impact on Feihe Canada Royal Milk’s investment in Kingston or the forecasted job creation,” says Donna… Read More

It seems like a foregone conclusion, but the Bank of Canada is expected to raise interest rates Wednesday. The market is expecting a 25 basis point hike to 1.75%, which would be the fifth increase since July, 2017. Bank of Canada Governor Stephen Poloz will address the Canadian economy that’s been tempered in the past… Read More