By Jonah Grignon The morning after Donald Trump’s election to his second term as U.S. president, Canadian farm and food leaders are considering how this could shift trade priorities for Canadian agri-food. Trump’s pledges to boost competitiveness for American farmers could put Canadian farmers at a disadvantage and intensify the pressures on the Canadian ag […] Read more
Tag Archives USMCA — page 2
Global commodity markets react to Trump victory
Election results expected to have deep, immediate effects on global economies Commodities from grains, to oil and gas dropped on Wednesday morning as the U.S. dollar rallied and victory for Republican Donald Trump in the U.S. presidential election stoked concerns about tariffs and economic growth. Trump recaptured the White House by securing more than the […] Read more
Trade renegotiation only benefits U.S.
There is a ticking time bomb at the heart of the North American economy. Canadian businesses and analysts have been pressuring the federal government to better prepare for the mandated renegotiation of the United States-Mexico-Canada Agreement that regulates trade and economic activity among the three countries. Article 34.7 of the pact commits them to review […] Read more
Supply management bill moves slowly through Senate
A private member’s bill that wants to take supply management off the trade table is at the centre of attention in Ottawa
REGINA — Clause-by-clause consideration of Bill C-282 in the Senate is not expected until November, after the Bloc Quebecois deadline for triggering a federal election. Passing the private member’s bill to protect supply management in future trade agreements by Oct. 29 was one of BQ leader Yves-Francois Blanchet’s demands when he voted against recent Conservative […] Read more
Being onside with the U.S. is Canadian farmers’ best bet
Rage all you want about Ottawa favouring eastern automobile manufacturing industries and sacrificing farmers, but the new economic realities that brought the huge Canadian tariffs on Chinese electrical vehicles and the outraged response against Canadian canola by China aren’t changing any time soon. Industrial policy and friend-shoring lie at the soul of the new world […] Read more
Trump trade threats a global concern
Importers and exporters around the world are uneasily analyzing what a 10 per cent tariff, or other border measures likely in a second Donald Trump U.S. presidential term, could mean for trade. “Europeans are deeply concerned,” said Brussels, Belgium-based U.S. consultant and canola trade expert Angela Dansby. “Trump has made steps toward all the threats […] Read more
Trade panel rejects U.S. dairy complaint
UPDATED: November 24, 2023 – 1435 CST – to include comment from the Dairy Farmers of Canada’s David Wiens. OTTAWA (Reuters) — A trade dispute settlement panel set up under a major North American free trade agreement has rejected a U.S. complaint that Canada is improperly limiting access to its dairy market, an official report […] Read more
Canada will join GMO spat
(Reuters) — Canada said it will participate as a third party in the dispute settlement proceedings between the United States and Mexico regarding genetically modified corn in imported tortillas and dough, citing concerns about Mexico’s stance. The Aug. 25 decision follows Washington’s request for a dispute settlement panel through the United States-Mexico-Canada Agreement (USMCA), which […] Read more
Canada to join fight with Mexico over GM
Canada is not a major corn exporter, but Mexico is one of its largest markets for canola, much of which is also GM.
Supply management bill divides MPs as vote looms
The Conservative shadow minister for agriculture says differing messages coming out of two standing committees last week do not show division within the party over supply management. The agriculture committee issued its report following its study of global food security, which included a recommendation to protect the supply management system. At the international trade committee, […] Read more
