Trade between countries is so much more than railways and ports, but if it can’t move, it can’t be sold. Canada is an export nation, but currently ranks just ahead of Azerbaijan according to the World Economic Forum’s rankings on infrastructure, transport infrastructure and trade infrastructure, says Carlo Dade, vice-president of Canada West Foundation. A… Read More
Category: Trade
The current political climate between Canada and China could be called chilly, however the strained diplomatic relationship seems to be having little impact on the real world economic and trade relationship. Carlo Dade, director of the trade and investment centre at Canada West Foundation, says that despite political tension, trade with China is increasing. Why… Read More
The Canadian government has decided to sign on as a third party in the United States’ request for dispute settlement consultations regarding Mexico’s restrictions on biotechnology in agriculture. Canada’s trade and agriculture ministers, Mary Ng and Marie-Claude Bibeau, announced the decision on Friday, which was the deadline for joining the U.S. challenge under the rules… Read More
Update, June 9: The Canadian government has decided to sign on as a third party in the United States’ request for dispute settlement consultations regarding Mexico’s restrictions on biotechnology in agriculture. The U.S. government’s challenge of Mexico’s ban of genetically-modified (GM) corn for common food uses is being closely monitored in Canada, specifically in the… Read More
The Canadian government has not yet decided whether it will join the U.S. in its trade dispute over Mexico’s restrictions on agricultural biotechnology. U.S. Trade Representative Katherine Tai formally requested dispute settlement consultations with Mexico under the Canada-U.S.-Mexico (CUSMA or USMCA) trade agreement on Friday. The dispute revolves around Mexican president Andrés Manuel López Obrador’s… Read More
The road back to profitability for the pork sector is likely long and difficult as Canadian producers continue to face a troublesome combination of declining domestic demand, fewer opportunities in export markets, and the spectre of tougher U.S. animal welfare regulations that could drive prices lower. It all adds up to tough times for pork… Read More
With California on an aggressive timeline to implement the Farm Animal Confinement Initiative — more commonly known as Prop 12 — requirements by July 1, 2023 the United States pork industry is still reeling with questions regarding the details of verification, logistics, and supply. Last week, we heard from the Canadian Pork Council on concerns… Read More
Can the production rules of one state wag the (curly) tail of pork trade for an entire country? If the state is California, the answer is: it’s possible. Prop 12, first passed in the state in 2018 and then upheld by the U.S. Supreme Court this week, sets out space requirements for livestock in production… Read More
The Canadian Pork Council (CPC) is disappointed the Government of Canada has accepted restrictions on access to products in the Comprehensive and Progressive agreement for Trans-Pacific Partnership (CPTPP) put forward by the United Kingdom as part of the terms for it to join the deal. Rene Roy, pork producer from Quebec and chair of the… Read More
The United Kingdom has reached an agreement to join the Comprehensive and Progressive Agreement for Trans-Pacific Partnership, better known as the CPTPP. It’s the first time a new member has joined the CPTPP since the original 11 Pacific Rim countries, including Canada, reached the deal in 2018. From an agricultural perspective, the Canadian Cattle Association… Read More
The federal budget announced earlier this week had a handful of agriculture-related commitments, including $333 million over 10 years for the establishment of the Dairy Innovation and Investment Fund. The fund, set to be administered by Agriculture and Agri-Food Canada, is for research and development of new products that use solids non-fat (SNF), market development for… Read More
Japan is reopening its doors to processed beef from Canada, removing the last restrictions it has had in place since 2003, after the discovery of a case of bovine spongiform encephalopathy (BSE) in Alberta. Japan is Canada’s third-largest market for agriculture and food exports. “Under the new Indo-Pacific Strategy, the federal government committed to seizing… Read More
There’s plenty of uncertainty in 2023 grain markets. The potential for big corn and soybean acres combined with weak economic performance could push prices lower as the year unfolds. But there’s still plenty of profit opportunity, says AgMarket.Net co-founder Jim McCormick. He shared his take on the markets while participating in a market panel at… Read More
It’s been nearly six years since Canada ratified a major trade agreement with its second largest trading partner, the European Union. While the deal has been hailed as an overall success, it has yet to live up to its potential when it comes to agricultural exports from Canada. At the time in 2017, it was… Read More
Canada has formally asked Mexico for “technical consultations” regarding the country’s effort to limit imports of genetically-engineered (GE) or modified crops. Canada’s request was filed shortly after the U.S. Trade Representative’s office announced on Monday that it was calling for consultations with Mexico over a new rule that bans the use of GE corn for… Read More