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
Tag Archives ceta
CUSMA compensation set for supply-managed sectors
Feds pledge over $1.7 billion in payments, programs
CETA still not fully delivering
Agriculture sector wants feds to make progress on removing barriers, five years after deal was signed
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
Compensation programs hatched for feather sectors
On-farm investment, market development plans on deck
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
Dairy farmers must register to get further trade compensation payouts
Expect letters soon explaining process, AgMin says
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
Tighter timeline set for dairy farmers’ trade pact compensation
Feather sector compensation pledged with $691 million in programs
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
Britain, Canada agree on post-Brexit rollover trade deal
Tailor-made comprehensive pact expected to follow
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
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
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
Trade moves influenced by COVID-19 around world
The WTO found more changes were made by G20 countries to facilitate than restrict trade
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
Industry, government play role in fixing CETA: Bibeau
Ag minister reminds European buyers about high quality Canadian food
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
Dairy farmers press feds on compensation promises, again
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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