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Livestock

CUSMA compensation set for supply-managed sectors

Feds pledge over $1.7 billion in payments, programs

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A final round of payments and programs for Canada’s supply-managed dairy and feather sectors — this time in compensation for the sequel deal to NAFTA — is now on deck for 2023 and beyond. Compensation to those sectors for domestic market concessions granted under the Canada-U.S.-Mexico Agreement (CUSMA) was telegraphed in federal Finance Minister Chrystia […] Read more
Containers were stacked up on a container ship at the port of Antwerp, Belgium, late last month. Canadian exporters continue to accuse the European Union of using technical barriers to hinder trade.
Markets, News

CETA still not fully delivering

Agriculture sector wants feds to make progress on removing barriers, five years after deal was signed

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Glacier FarmMedia – Canadian and European officials celebrated five years of their trade agreement recently, but many in Canadian agriculture are still waiting to see the benefits. Canadian Cattle Association general manager Ryder Lee said beef producers are frustrated that they haven’t been able to reach European markets. [RELATED] Red meat trade with EU remains […] Read more
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Livestock

Compensation programs hatched for feather sectors

On-farm investment, market development plans on deck

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Long-awaited programs to make up for market share lost to imports under the Trans-Pacific Partnership trade pact are set to roll out to Canada’s chicken, egg and turkey farmers. Agriculture Minister Marie-Claude Bibeau and caucus colleagues on Tuesday announced the specific contents of her previously-pledged $691 million, 10-year compensation funding envelope: a Poultry and Egg […] Read more
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Livestock

Dairy farmers must register to get further trade compensation payouts

Expect letters soon explaining process, AgMin says

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Dairy farmers wanting to get in on a three-year, $1.405 billion federal compensation program for market share lost to free trade deals must register for the program by March 31 in each of those years. Agriculture Minister Marie-Claude Bibeau on Tuesday laid out further specifics for the Dairy Direct Payment Program, which is set to […] Read more
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Livestock

Tighter timeline set for dairy farmers’ trade pact compensation

Feather sector compensation pledged with $691 million in programs

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Compensation to Canada’s supply-managed farmers, to offset domestic market share dealt away in two recent free trade pacts, will now move more quickly to dairy farmers — and will take the form of new programs for feather sectors. Federal Agriculture Minister Marie-Claude Bibeau on Saturday announced $1.405 billion in compensation, as pledged in August last […] Read more
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Markets

Britain, Canada agree on post-Brexit rollover trade deal

Tailor-made comprehensive pact expected to follow

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London/Toronto | Reuters — Britain and Canada struck a rollover trade deal on Saturday to protect the flow of almost $35 billion-worth of goods and services between them after Brexit, and vowed to start talks on a bespoke agreement next year. As Britain prepares to end its transition out of the European Union on Dec. […] Read more
A deal between the Canada and the U.K. will likely have to wait as U.K. negotiations continue.
News

Canada, U.K. trade deal progress in doubt

The U.K. will be out of the CETA agreement by the end of the year and status of talks is unknown

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Glacier FarmMedia – As prospects of a trade deal between the United Kingdom and the European Union collapse, there is growing doubt a post-Brexit pact involving Canada can be completed by the end of the year. Why it matters: Trade between Canada and the U.K. has been governed by EU trade rules, and if no […] Read more
Grain shipments have continued to move around the world during the pandemic.
News

Trade moves influenced by COVID-19 around world

The WTO found more changes were made by G20 countries to facilitate than restrict trade

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Glacier FarmMedia – The impact of COVID-19’s second wave is continuing to cause uncertainty in global trade markets, but more markets are opening than closing. According to the World Trade Organization, between October 2019 and May 2020, G20 economies implemented 154 new trade or related measures, finding 95 to be trade-facilitating and 59 as trade-restrictive. […] Read more
During a Sept. 25 virtual appearance at Politico’s Agriculture and Food Summit, Marie-Claude Bibeau, Canada’s agriculture minister, said she would like Canada to benefit from CETA “which is not the case yet.”
News

Industry, government play role in fixing CETA: Bibeau

Ag minister reminds European buyers about high quality Canadian food

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Glacier FarmMedia – Federal Minister of Agriculture and Agri-Food Marie-Claude Bibeau says industry and government have a shared responsibility to fix a trade deal that hasn’t brought strong results for Canadian producers. Expected to generate $1.5 billion in new agri-food exports, the Comprehensive Economic and Trade Agreement (CETA) with the European Union has fallen short […] Read more
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Livestock, Markets

Dairy farmers press feds on compensation promises, again

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Canada’s dairy farmers are again calling on the federal government to make good on its promise to compensate producers, after giving up market share of the supply-managed industry to more foreign competitors through trade pacts. The Liberal government, most recently in its Sept. 23 speech from the throne, has told Dairy Farmers of Canada (DFC) […] Read more

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