This column was written by Greg Northey, with Pulse Canada, prior to the flooding of B.C.'s Fraser Valley. If Canada wants to address climate change in the now, we can start by fixing the current supply chain issues plaguing our exporters and driving up the cost of living for us all. The global container shortage... Read More
Category: Trade
The advent of a global pandemic certainly added volume to the narrative that local equals resilient when it comes to economies, especially food-related economic systems. But Jayson Lusk, food and agricultural economist at Purdue University, says that evidence suggests otherwise, and that a vibrant trade economy actually adds resiliency to local economies. To demonstrate his... Read More
Canada's economy is recovering during the prolonged impacts of the COVID-19 pandemic, albeit slowly. Ted Mallett, director of economic forecasting with the Conference Board of Canada, points to several positive signs and circumstances to the recovery. For one, the economy has grown this year, about five per cent, however there is ground to make up,... Read More
There are no indications China will be lifting restrictions on Canadian canola imports as a direct response to the exchange of Huawei executive Meng Wanzhou for Canadians' Michael Spavor and Michael Kovrig, according to the president of the Canola Council of Canada. The two Michaels returned to Canada on Friday following a deal negotiated by... Read More
China has formally requested to join the trade deal that was originally intended to limit China's influence in the global economy. Canada and 10 other Pacific Rim countries signed the Comprehensive and Progressive Agreement for Trans-Pacific Partnership — the CPTPP — in 2018. On Thursday, Chinese Commerce Minister Wang Wentao submitted China's application to join... Read More
Trade is so critical to the health of the Canadian economy. With vast natural resources, millions of acres of farmland, and a growing technology sector, Canada is open for business in the global trade arena. But are we really up to the opportunity in front of us as a nation? Some believe that change is... Read More
By Bill Greuel Canada needs to stop being comfortable. That’s a bold statement, but one I believe to be true if we are going to reach the ambitious targets our agrifood sector aspires to. We often talk about Canada taking our place atop the podium as the most reliable and preferred supplier of safe, nutritious... Read More
India has lowered its tariff on Canadian lentils to 11 per cent, down from the 33 per cent levied against the crop about a year ago. The new tariff rate applies to all lentils, except those from the U.S., which will face a 22 per cent levy. Mac Ross, director of market access and trade... Read More
The dispute between Canada and the U.S. over the allocation of dairy tariff rate quotas under the new North American trade deal took a step toward resolution this week, as the members of the three-person dispute panel that will issue a ruling on the U.S. complaint were announced. Elbio Oscar Roselli Frieri will chair the... Read More
The Canadian government is planning to file another request for the World Trade Organization to establish a dispute settlement panel to look at China's restrictions on Canadian canola seed imports. China used a procedural tactic to block Canada's initial appeal for a dispute panel at the WTO Dispute Settlement Body's monthly meeting on Monday (June... Read More