Canadian PM says he will engage in discussions with China over canola situation
Canadian Prime Minister Mark Carney said Wednesday that he and other top officials would work to resolve a dispute with China over tariffs Beijing has imposed on canola.
Last month, China imposed a preliminary 75.8% tariff on Canadian canola seed imports following an anti-dumping investigation, escalating a year-long trade dispute. China is now Canada’s largest market for canola seed.
“We’re going to work hard to get that done… our international trade minister has been involved, our foreign minister has been involved, I’m going to be involved in finding a solution for our agricultural relationship,” Carney told reporters in Toronto.
Canada, the world’s largest canola exporter, shipped nearly C$5 billion ($3.63 billion) in canola products to China in 2024, about 80% of which was seed. High tariffs on canola seeds, if left in place, will likely lead to a halt in imports from China.
For almost 30 years of expertise in the agri markets, UkrAgroConsult has accumulated an extensive database, which became the basis of the platform AgriSupp.
It is a multi-functional online platform with market intelligence for grains and oilseeds that enables to get access to daily operational information on the Black Sea & Danube markets, analytical reports, historical data.
You are welcome to get a 7-day free demo access!!!
Read also
Sunflower meal supplies to China increased fourfold in March
Argentina to cut wheat production by a quarter in MY 2026/27
Brazil considers used cooking oil imports to expand SAF production
Ukraine and Saudi Arabia agree to deepen cooperation in food security
North American wheat market grapples with adverse weather conditions
Got additional questions?
We will be happy to assist!
Write to us
Our manager will contact you soon